Karachi, February 25, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced its concern over the escalating energy prices for industries, urging the government to implement immediate rationalization measures.
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USC May Launch Ramadan Relief Package on March 4
The Utility Stores Corporation (USC) in Pakistan is gearing up to implement a significant relief package likely from March 4, 2024 for the holy month of Ramadan, aimed at providing much-needed relief to the lower-income segment of the country.
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Consequences of Not Filing Income Tax Returns in Pakistan
In Pakistan, the failure to file an income tax return for a specific tax year triggers a series of actions by the Federal Board of Revenue (FBR).
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Gold Prices Surge in Pakistan to Rs 215,100 on Global Uptick
Karachi, February 24, 2024 – Gold prices in Pakistan experienced a notable increase, reaching Rs 215,100 per tola on Saturday. The surge in prices has been attributed to a global uptick in the precious metal’s value.
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FBR Seeks New Ideas to Boost Revenue from Undertaxed Sectors
Karachi, February 24, 2024 – In a bid to enhance revenue collection and address the issue of undertaxed sectors, the Federal Board of Revenue (FBR) has urged the offices of Inland Revenue (IR) to contribute new and innovative ideas.
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SBP Facilitates Exporters in Foreign Currency Utilization
Karachi, February 23, 2024 – The State Bank of Pakistan (SBP) announced on Friday a significant move to facilitate exporters by liberalizing the utilization of foreign currency under its ease of doing business initiatives.
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NDMA Issues Advisory as Thunderstorms Forecast Across Pakistan
Islamabad, February 23, 2024 – The National Disaster Management Authority (NDMA) has issued a crucial advisory to all provincial authorities in anticipation of thunderstorms forecasted across Pakistan.
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Bulls Remain in Command as Pakistan Stocks Gain 901 Points
Karachi, February 23, 2024 – The bulls continued to dominate the Pakistan Stocks on Friday, driving the benchmark KSE-100 index to a remarkable gain of 901 points.
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Weekly Inflation Rise Hits Pakistan Amidst Petroleum Price Hike
Islamabad, February 23, 2024 – Pakistan is grappling with a notable increase in weekly inflation, attributed to the recent surge in petroleum prices.
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Taxpayers Beware: FBR Can Sell Property for Tax Recovery
In a move that highlights the stringent measures taken by the Federal Board of Revenue (FBR) to recover outstanding tax amounts, taxpayers should be aware that the FBR possesses the authority to sell immovable properties.
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