Pakistan Revenue
KARACHI: The Federal Board of Revenue (FBR) has launched campaign to aware people about benami laws and harsh penalties under this law. Besides, the people are also informed about rewards to whistle blowers for pointing out benami properties. The FBR launched the campaign after the introduction of benami transactions rules to enforce the benami act. […]
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ISLAMABAD: Dr. Abdul Hafeez Shaikh, Adviser to the Prime Minister on Finance, Revenue and Economic Affairs witnessed the signing a trade financing facility amounting to US$ 551 million with the International Islamic Trade Finance Corporation(ITFC), a subsidiary of Islamic Development Bank (IsDB) Group, for import of oil and LNG, a statement said on Monday. This […]
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ISLAMABAD: Dr. Abdul Hafeez Shaikh, Adviser to Prime Minister on Finance, Revenue and Economic Affairs and the World Bank Country Director Patchamuthu Illangovan met on Monday to discuss ongoing projects funded by the World Bank. Patchamuthu Illangovan was called on the Adviser to PM on Finance, Revenue and Economic Affairs, Dr. Abdul Hafeez Shaikh. They […]
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KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Monday felicitated Dr. Hafeez Shaikh on his appointment as adviser to prime minister on finance, revenue and economic affairs. The KCCI hoped that the new adviser would take practical steps in minimizing grievances of genuine taxpayers. Chairman Businessmen Group & Former President KCCI Siraj Kassam Teli […]
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KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday condemned brutal act of terrorism in Sri Lanka claiming around 290 lives. In a statement Engr. Daroo Khan Achakzai, FPCCI President strongly condemned the coward and brutal act of terrorism on luxury hotels and Churches holding Easter Services in Sri-Lanka, killing nearly 290 […]
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KARACHI: The stock market lost 391 points to start the week on Monday with selling pressure witnessed during the trading. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 36,902 points as against 37,292 points showing a decline of 391 points. Analysts at Arif Habib Limited said that profit booking was apparently the […]
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KARACHI: The Pak Rupee remained unchanged against dollar for sixth straight trading day on Monday amid lackluster demand for import and corporate payments. The rupee ended Rs141.40 to the dollar, the same last Friday’s closing, in interbank foreign exchange market. The interbank foreign exchange market was initiated in the range of Rs141.39 and Rs141.40. The […]
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KARACHI: The net profit of Pakistan State Oil (PSO) has declined substantially by 55 percent to Rs5.92 billion for the period July – March 2018/2019 as compared with Rs13.22 billion in the corresponding period of the last fiscal year. According to financial results submitted to Pakistan Stock Exchange (PSX) on Monday for nine-month period ended […]
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The State Bank of Pakistan (SBP) issued an important clarification on Monday regarding the restrictions on foreign currency accounts, emphasizing that these limitations do not apply to non-resident Pakistanis.
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ISLAMABAD: Federal Board of Revenue (FBR) is planning to introduce prize scheme through draw against invoices of restaurants submitted by customers. Sources in FBR on Monday said that the plan was under consideration after identification of huge tax evasion by restaurants in Islamabad Capital Territory. The sources said that the FBR would announce different prizes […]
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