Federal Board of Revenue (FBR) has notified class of taxpayers, who are required to file income tax return for tax year 2023.
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Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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Sensitive Price Inflation climbs by around 47%: PBS
ISLAMABAD: Inflation based on sensitive price indicator (SPI) has climbed up by around 47 per cent year on year (YoY) week ended March 22, 2023, Pakistan Bureau of Statistics (PBS) said on Friday.
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SBP withdraws cash margin requirements on imports from March 31
KARACHI: State Bank of Pakistan (SBP) on Friday announced to withdraw cash margin requirements on imports from March 31, 2023.
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Pakistan’s foreign exchange reserves rise to $10.14 billion
KARACHI: According to the State Bank of Pakistan (SBP), Pakistan’s foreign exchange reserves have risen to $10.14 billion as of the week ending on March 17, 2023.
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Pakistan may unveil major changes in petroleum prices on March 31
ISLAMABAD: Pakistan may unveil major changes in petroleum prices on March 31, 2023 for next fortnight effective from April 01, 2023.
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IMF needs external financing assurances to Pakistan for taking next step
International Monetary Fund (IMF) is needed assurances of external financing to Pakistan as the required huge external financing.
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FBR issues salary income tax rates for return filing 2023
KARACHI: Federal Board of Revenue (FBR) has issued salary income tax rates for filing return tax year 2023.
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Sindh Revenue Board raids posh club in DHA
KARACHI: Sindh Revenue Board (SRB) Thursday raided a posh club in Defence Housing Authority (DHA) for defaulting payment of sales tax.
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FBR issues guidelines for strengthening AML/CFT mechanism
ISLAMABAD: The Federal Board of Revenue (FBR) has released comprehensive guidelines, outlined in Customs General Order (CGO) No. 01 of 2023, aimed at fortifying the Anti-Money Laundering (AML) and Counter Financing Terrorism (CFT) mechanism for Pakistan Customs.
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Bank timings during Ramazan 2023
KARACHI: State Bank of Pakistan (SBP) on Wednesday issued bank timings during Ramazan 2023 starting from Thursday March 23, 2023,
The central bank in a statement said that during the ensuing holy month of Ramazan-ul-Mubarak 1444 AH, the following office hours will be observed in the SBP, which will also be followed by all banks, development finance institutions and microfinance banks:-
Monday to Thursday from 09:00 am to 03:30 pm with prayer break from 2:00 pm to 2:30 pm whereas on Fridays office hours will be from 08.30 am to 1:00 pm without break.
However, it is further advised to observe the following business (banking) hours for public dealing:
Monday to Thursday from 09:00 am to 02:00 pm without break whereas on Fridays business (banking) hours for public dealing will be from 08:30 am to 1:00 pm without break.
After the holy month of Ramadan-ul-Mubarak, the above timings will automatically be reverted to pre Ramadan-ul-Mubarak timings.