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  • Pakistan pavilion to be set at China expo
    BEIJING: An online pavilion of Pakistan will be established at 4th China International Import Expo (CIIE), which will be held offline and online in Shanghai from November 5 to 10 […]
  • Tax rates on income from property during tax year 2022
    The rate of tax on income from property for the tax year 2022 has been provided under the First Schedule of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued […]
  • Rate of tax on exports during Tax Year 2022
    The rate of tax on exports for the tax year 2022 has been explained under the First Schedule of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income Tax […]
  • Tax rates on payments for goods or services during TY22
    The advance tax rates on payments to non-residents for the tax year 2022 are under the First Schedule of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated […]
  • Tax rates on Profit on Debt during TY22
    The advance tax rates on on profit on debt during tax year 2022 are under the First Schedule of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated […]
  • Pakistan’s exchange rates on October 24
    KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on October 24, 2021 (The rates are updated at 07:51 AM): Currency Buying Selling Australian Dollar (AUD) 128.10 129.60  Bahrain […]
  • Industry protests over 20% additional ST on electricity
    KARACHI: Industry has strongly protested over imposition of 20 per cent additional sales tax on supply of electricity and said it will destroy the industrial activities and result in mass unemployment. […]
  • Tax rates on payments to non-residents during TY22
    The advance tax rates on payments to non-residents for the tax year 2022 are under the First Schedule of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated […]
  • Tax rates on return on investment in sukuk for TY22
    The advance tax rates on return on investment in sukuk for the tax year 2022 are under the First Schedule of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income […]
  • Advance tax rates on dividend for Tax Year 2022
    The advance tax rates on dividends for the tax year 2022 are under the First Schedule of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up […]
  • Rates of tax on imports for Tax Year 2022
    The advance tax rates for the tax year 2022 are under the First Schedule of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June […]
  • Weekly Review: stock market likely to remain positive
    KARACHI: The stock market is likely to stay positive during the next week as the IMF and Pakistan expected to reach an agreement. Analysts at Arif Habib Limited said that […]
  • Pakistan’s exchange rates on October 23
    KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on October 23, 2021 (The rates are updated at 07:51 AM): Currency Buying Selling Australian Dollar (AUD) 128 129.50 […]
  • FBR suspends credit notes against unregistered supplies
    Karachi Tax Bar Association (KTBA) has strongly protested over the suspension of credit and debit notes against supplies made to unregistered persons. The tax bar in a letter to the […]
  • Engro Corp posts 23% revenue growth in nine months
    KARACHI: Engro Corporation Limited has posted a significant 23 per cent growth in consolidated revenue for the nine-month period ended on September 30, 2021. Pakistan’s premier conglomerate, Engro Corporation (PSX: […]