Pakistan Revenue
ISLAMABAD: The federal cabinet has discussed the planned tax amnesty scheme and it will decide in tomorrow’s meeting, sources said on Tuesday. The federal cabinet was met under the chair of Prime Minister Imran Khan. Finance Minister Asad Umar briefed the meeting about the proposed amnesty scheme. The sources said that the prime minister directed […]
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KARACHI: Meezan Bank, Pakistan’s leading Sharia compliant bank, has signed a Memorandum of Understanding (MoU) with Regal Automobile Industries Limited to provide exclusive Shariah-compliant financing solutions and value-added services to its customers. Arshad Majeed – Group Head Consumer Finance, Meezan Bank signed the MoU with Sohail Usman, Chairman, Regal Automobile Industries Limited – in Karachi, […]
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ISLAMABAD: Federal Board of Revenue (FBR) has issued procedure for getting National Tax Number (NTN) and registration with Securities and Exchange Commission of Pakistan (SECP) through Virtual One Stop Shop (VOSS). The FBR and SECP have launched a one-window facility for Company incorporation and National Text Number (NTN) registration. This facility enables companies to be […]
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KARACHI: The stock market ended down by 122 points on Tuesday following profit taking during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 37,382 points as against 37,504 points showing a decline of 122 points. Analysts at Arif Habib Limited said that the market saw attrition of 91 points (unadjusted) […]
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KARACHI: The Pak Rupee ended unchanged against dollar in interbank foreign exchange market on Tuesday amid lackluster trading. The rupee ended Rs141.40 to the dollar, the same previous day’s closing level, in interbank foreign exchange market. The interbank foreign exchange market was initiated in the range of Rs 141.39 and Rs141.40. The market recorded day […]
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ISLAMABAD: The federal cabinet may consider and approve the new amnesty scheme today which is meant for whitening the ill-gotten money. The scheme may continue till the end of current fiscal year and it would be offered for domestic and foreign undisclosed assets. The scheme may be prolonged beyond July 2019. The amnesty would also […]
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KARACHI: A person making taxable supplies is required to maintain record of goods and keep at his office for scrutiny by tax officials.
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ISLAMABAD: Federal Board of Revenue (FBR) has issued procedure for payment of duty and taxes through alternate delivery channels (ADC) including internet banking, ATM and mobile banking. The FBR said that it had launched the system of payment of taxes through ADC under which taxpayers would now be able to make payments of federal taxes […]
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KARACHI: LG Electronics (LG) attracted visitors at InnoFest MEA with its new split air and floor standing dualcool air conditioners for 2019.
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KARACHI: An IMF mission will visit Pakistan by the end of April to continue discussions for new loan program, a statement said on Monday. It said that the Pakistani authorities and IMF staff held constructive discussions during the IMF/World Bank Spring Meetings in Washington DC towards an IMF-supported program. At the request of the authorities, […]
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