Sep 27

Pakistan reviews petroleum prices on Sept 30, 2022 amid crash in global rates

Pakistan is set to review petroleum prices on September 30, 2022 for the next fortnight starting from October 01, 2022. The government will review the prices when the prices in international markets have been crashed to multi months low. According to Reuters news agency oil prices fell $2 a barrel a day earlier, settling at […]

by Hamza Shah

Over 100,000 flood affected children given health treatment in Sindh hospitals

Sep 27

National

Over 100,000 flood affected children given health treatment in Sindh hospitals

KARACHI: More than 100,000 children have been treated free of cost at the children’s Emergency Rooms (ERs) of government teaching hospitals in flood-hit locations. The ERs have remained operational 24/7 despite torrential rains and flooding in calamity-hit districts of Sindh. They provide quality emergency medical care as well as dispense life-saving medicines to flood-affected children. […]

by Hamza Shah

Penalties for failure to file return tax year 2022 within due date

Sep 24

National, Taxation, Top stories

Penalties for failure to file return tax year 2022 within due date

Tax laws have prescribed penalties for failure to file return for tax year 2022 within due date. The last date for filing income tax return for tax year 2022 is September 30, 2022. The Federal Board of Revenue (FBR) recently announced it would not extend the last date beyond September 30, 2022. Sources in the […]

by Faisal Shah

SBP advises general public not to share banking credentials

Sep 24

Money & Banking, National

SBP advises general public not to share banking credentials

KARACHI: State Bank of Pakistan (SBP) on Saturday advised general public not to share their personal and banking credentials with persons impersonating SBP officials of other authorities. The central bank said that the SBP and Pakistan Banks Association (PBA) have been continuously advising the general public through consumer awareness messages, press releases, etc. not to […]

by Faisal Shah

FBR fails to remove return filing glitches; KTBA seeks legal time

Sep 23

National, Taxation, Top stories

FBR fails to remove return filing glitches; KTBA seeks legal time

A leading tax bar on Friday pointed out failure of the Federal Board of Revenue (FBR) in removing errors/glitches in the return filing as only a week left for the last date. Karachi Tax Bar Association (KTBA) in its letter to FBR chairman and other higher authorities to resolve issues in online return filing for […]

by Faisal Shah

Google Career Certificates to bring digital revolution in Pakistan

Sep 22

IT & Telecom, National

Google Career Certificates to bring digital revolution in Pakistan

ISLAMABAD: The President of Pakistan, Dr. Arif Alvi has said that the launch of Google Career Certificates to bring digital revolution in Pakistan, according to a statement issued on Thursday. Pakistan is in dire need to capacitate the youth to enable them to contribute in the development of country, especially those who cannot afford to […]

by Hamza Shah

Angelina Jolie visits Pakistan to support flood affected communities

Sep 21

National, Top stories, World

Angelina Jolie visits Pakistan to support flood affected communities

International humanitarian Angelina Jolie is visiting Pakistan to support communities affected by the devastating floods, according to a statement issued on Wednesday. Heavy rains and floods across the country have impacted 33 million people and submerged one third of the country under water. Ms Jolie is visiting to witness and gain understanding of the situation, […]

by Faisal Shah

National Foods donates PKR 60 million for flood relief activities

Sep 21

Corporate, National

National Foods donates PKR 60 million for flood relief activities

KARACHI: ATC Holdings and its subsidiary National Foods Limited have announced to donate PKR 55 million for flood relief activities. Additionally, the group has created a dedicated account for employee contribution, leading to additional collection of PKR 8 million so far, taking the tally to over PKR 60 million. “Pakistan contains more glacial ice than […]

by Hamza Shah

Outbound passengers to declare currency above $5,000

Sep 21

National, Taxation, Top stories

Outbound passengers to declare currency above $5,000

Federal Board of Revenue (FBR) Wednesday issued draft rules to make it mandatory for outbound passengers to make declaration of currency amounting above $5,000. The FBR issued draft amendment to Baggage Rules, 2006 by issuing SRO 1751(I)/2022 dated September 20, 2022. READ MORE: Rupee ends near historic low; Dollar gains to PKR 239.65 The revenue […]

by Anjum Shah

New petroleum prices in Pakistan effective from September 21, 2022

Sep 21

Energy, National, Top stories

New petroleum prices in Pakistan effective from September 21, 2022

Pakistan on Wednesday revised the prices of petroleum products that are effective from September 21, 2022. According to a statement issued by the Finance Division, the government decided to increase prices of petrol by Rs1.45 per liter to Rs237.43 from previous rate of Rs235.98. READ MORE: New petroleum prices in Pakistan from September 01, 2022 […]

by Anjum Shah