Pakistan Revenue
ISLAMABAD: The ministry of finance said that the State Bank of Pakistan (SBP) has been directed to design procedure for bringing back public money from commercial banks to Treasury Single Account (TSA). ‘A Roadmap for Stability and Growth’ issued by the ministry of finance this month, said that the central bank had been instructed to […]
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ISLAMABAD: Dr Abdul Hafeez Shaikh, Advisor to Prime Minister on Finance, Revenue and Economic Affairs held a phone discussion with Ernesto Ramirez-Rigo, IMF Mission Chief to Pakistan, after talking with Jihad Azour, IMF Director, earlier on Saturday. They discussed the progress of negotiations for an IMF-supported program for Pakistan. Both sides expressed their commitment for […]
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KARACHI: The Pak Rupee ended down by 20 paisas in open market on Saturday owing to recent changes in the federal cabinet. The buying and selling of dollar was recorded at Rs142.00/Rs142.50 from previous day’s closing of Rs142.00/Rs142.50 in cash ready market. The local unit lost 50 paisas against the greenback during the last two […]
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KARACHI: VIS Credit Rating Company (VIS) in collaboration with Pakistan Stock Exchange Limited (PSX) and Pak China Investment Company Limited (PCIC) organized an event on Saturday to celebrate collaboration between VIS and China Chengxin International Credit Rating Company Limited (CCXI). The theme of the event was to facilitate cross border investments into Pakistan and promote […]
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KARACHI: A sales tax registered person is required to file true and correct sales tax return on monthly basis by providing details of supplies and persons whom the supplies were made during the period. According to updated Sales Tax Act, 1990 issued by Federal Board of Revenue (FBR), the Section 26 explained the requirement of […]
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KARACHI: The stock market likely to gain momentum following major reshuffle in the federal cabinet and inclusion of technocrats. Analysts at Arif Habib Limited expected the market to continue the momentum it gained on Friday and remain in the green next week. “Inclusion of technocrats into the federal cabinet may be seen as a positive […]
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ISLAMABAD: Federal Board of Revenue (FBR) has imposed ban on its officials for availing any kind of leave, including ex-Pakistan. In a circular issued on Friday, the FBR said that it had been observed with concern that the Field Formations of FBR are forwarding requests for grant of leaves, including ex-Pakistan leaves on daily basis […]
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KARACHI: The stock exchange on Friday welcomed the resignation of Asad Umar from the post of finance minister by gaining 481 points. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 37,292 points as against 36,811 points showing an increase of 481 points (+1.3 percent DoD). Analysts at Arif Habib Limited said that […]
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KARACHI: A delegation from the Turkish Consulate General in Karachi, headed by Tolga Uçak, Consul General of Republic of Turkey, and his team visited the Central Depository Company (CDC). Representatives of leading Pakistani corporate and Turkish Businesses in Pakistan attended this event. Moin M. Fudda, Chairman CDC Board of Directors, and Badiuddin Akber, CEO CDC, […]
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KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has felicitated Dr. Hafeez Shaikh, the newly appointed adviser to Prime Minister, for the slot of finance and revenue. FPCCI president Engr. Daroo Khan Achakzai in a statement on Friday extended his heartiest felicitation to Dr. Abdul Hafeez Shaikh on his appointment as Advisor to […]
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