The Federal Board of Revenue (FBR) has recently introduced revised advance tax rates on both domestic and international air tickets to be collected from purchasers.
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Pakistan, China agree to expedite work under CPEC
Pakistan and China have mutually resolved to intensify their collaborative efforts under the China-Pakistan Economic Corridor (CPEC).
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KSE-100 gains 202 points on activities in oil companies
The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) concluded on a positive note, ending the trading day with a substantial gain of 202 points.
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Rupee Strengthens in Interbank
In a positive development for Pakistan’s financial landscape, the Pakistani Rupee (PKR) showed resilience and ended with a gain of four paisas against the US Dollar in the interbank foreign exchange market on Tuesday.
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ECC approves clearance of imported vehicles on verified foreign currency payment
ISLAMABAD – In a recent session, the Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Asad Umar, gave its approval for a significant policy shift regarding the clearance of imported vehicles under various schemes.
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FBR to issue assessment notices of last ten years to potential taxpayers
KARACHI – The Federal Board of Revenue (FBR) has taken a significant step toward improving tax compliance by announcing its intention to issue assessment notices covering the past ten years to potential taxpayers and individuals who have failed to file a tax return for any of the last five years.
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Rupee gains three paisas in early trade
KARACHI – The Pakistani Rupee demonstrated resilience in the early trade on Tuesday as it gained three paisas against the US Dollar in the interbank foreign exchange market.
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FBR notifies transfer, postings of 17 IRS officers
ISLAMABAD: The Federal Board of Revenue (FBR) issued a notification on Monday regarding the immediate transfers and postings of officers belonging to the Inland Revenue Service (IRS) in grades BS-17 to BS-19, effective until further notice.
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Public holiday announced on Feb 05
ISLAMABAD – In a move to express unwavering support and solidarity with the people of Kashmir, the Government of Pakistan has officially declared February 5, 2019, as a Public Holiday.
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