Pakistan Revenue
KARACHI: The equity market ended with decline of 163 points on Thursday in its ongoing loss making trail. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 38,385 points as against 38,548 points showing a decline of 163 points. Analysts at Arif Habib Limited said that KSE-100 index continued the loss making trail […]
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KARACHI: The Pak Rupee depreciated by five paisas against the US dollar on Thursday due to import and corporate payments. The rupee ended Rs139.49 to the dollar from previous day’s closing of Rs139.44 in interbank foreign exchange market. The interbank foreign exchange market was initiated in the range of Rs139.48 and Rs139.50. The market recorded […]
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ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified promotions of steno-typists and supervisors/head clerks of Inland Revenue Department to BS-16 with immediate effect.
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ISLAMABAD: The investment into premium prize bonds of Rs40,000 has registered significant increase of 30 percent owing to attractive avenue for persons having legitimate money. The investment into the premium prize bonds increased to Rs5.86 billion by January 2019 as compared with Rs4.52 billion in the same period of the last year. In order to […]
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KARACHI: Income tax return filers can claim adjustment of advance tax paid on educational fee. According to updated Income Tax Ordinance, 2001 issued by Federal Board of Revenue (FBR) the advance tax collected on education fee under Section 236I is adjustable against total income tax liability of a taxpayer. Section 236I: Collection of advance tax […]
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ISLAMABAD: The government has accorded approval to a consortium led by Credit Suisse to act as financial consultants for the privatization of the RLNG power plants. The approval was given at a meeting of the Board of Privatization Commission chaired by Federal Minister of Aviation and Privatization Muhammad Mian Soomro. The transparent and appropriately appraised […]
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KARACHI: In an effort to save environment, Pakistan Telecommunication Company Limited (PTCL) has urged its customers to opt for digital billing instead of monthly paper bills. A statement on Wednesday said that this initiative will, not only create awareness on preserving nature but, also gives customers an opportunity to contribute towards this cause. On the […]
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KARACHI: Pakistan has been rated amongst most charitable nations in the world but most donations are routed informally which makes the whole exercise prone for terror financing and money laundering, Waseem Ahmad Khan, Additional Director, Securities and Exchange Commission of Pakistan (SECP) said on Wednesday. He was addressing at a seminar organized by Karachi Tax […]
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ISLAMABAD: The government has posted Younus Dagha, BS-22 officer of Pakistan Administrative Service as Secretary Finance Division with effect from March 22, 2019. Younus Dagha has been transferred from the present post of Secretary, Commerce Division, a notification issued by Establishment Division on Wednesday. According to profile Mohammad Younus Dagha, born on April 23, 1962, […]
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KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) fell by 65 points owing to week sentiments prevailed on Wednesday. The index closed at 38,548 points as against 38,612 points showing a decline of 65 points. Analysts at Arif Habib Limited said that the weak sentiment caused the index to remain range bound. After […]
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