KARACHI: The State Bank of Pakistan (SBP) has again reminded the general public of demonetizing old designed banknotes will not be legal tender after December 3, 2022.
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Find top stories in this section. Pakistan Revenue brings you the latest and most important news from Pakistan and around the world, keeping you informed with key updates and insights.
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FBR issues SRO to impose 5pc regulatory duty on yarn amid protest
ISLAMABAD: Federal Board of Revenue (FBR) has issued a SRO to impose regulatory duty at 5 per cent on import of polyester yarn despite protest by business community.
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Dar directs FBR to achieve true tax potential
ISLAMABAD: Finance Minister Mohammad Ishaq Dar has directed Federal Board of Revenue (FBR) to achieve true tax potential in the country.
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Tax offices to observe extended working hours on Dec 30-31 for collection
Islamabad: The Federal Board of Revenue (FBR) has announced that tax offices will remain open on December 30-31, 2022, to accommodate the year-end rush for the collection of duties and taxes.
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Pakistan issues official petroleum prices applicable till Dec 31
Pakistan has issued official petroleum prices that will remained applicable till December 31, 2022. The official prices of petroleum products from December 16, 2022 to December 31, 2022 are:
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FBR set to disable mobile phones, utility connections of non-filers
ISLAMABAD: Federal Board of Revenue (FBR) is identifying persons, who are liable to file annual income tax returns but failed to discharge liability, for disabling their mobile phones and utility connections.
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Foreign Direct Investment plunges by 51.4pc in July – November
KARACHI: The inflow of foreign direct investment (FDI) fell by 51.4 per cent during first five months (July – November) of fiscal year 2022-2023, State Bank of Pakistan (SBP) said on Friday.
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Pakistan’s current account deficit narrows to $3.1 billion in 5MFY23
KARACHI: Pakistan’s current account deficit has narrowed to $3.1 billion during first five months (July – November) of fiscal year 2022-2023, according to data released by the State Bank of Pakistan (SBP) on Friday.
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Karachi Chamber warns mass job cuts due to economic crisis
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Friday warned the government of mass job cuts due to prevailing economic crisis.
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Pakistani exporters fear order cancellation
KARACHI: Now the situation is that the orders of the exporters are feared to be cancelled due to which Pakistan will lose its reputation in the global market.
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