Pakistan offers COVID relief support to India

Apr 24

National

Pakistan offers COVID relief support to India

KARACHI: Pakistan on Saturday offered relief support India to provide medical equipment for prevention of coronavirus. Foreign Minister Shah Mahmood Quershi in a tweet said that as a gesture of solidarity with people of India in the wake of the current wave of COVID-19, “Pakistan has officially offered relief and support to Indian including ventilators, […]

by Mrs. Anjum Shahnawaz

FBR issues preventive measures for stage-III coronavirus

Mar 16

Taxation

FBR issues preventive measures for stage-III coronavirus

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday issued preventive measures for stage-III coronavirus pandemic. The FBR directed all the officers of the headquarters and field formations (BS-17 to BS-21) to restrict the working strength of their offices to only one clerical / ministerial staff and one Naib Qasid on weekly/fortnightly rotation basis with effect […]

by Mrs. Anjum Shahnawaz

Feb 2

National

Pakistan starts coronavirus vaccination

ISLAMABAD: Prime Minister Imran Khan on Tuesday launched the vaccination against the coronavirus. The vaccination will be initially for health workers. The prime minister advised the people to strictly adhere to the SOPs to stop its spread. He said the vaccination would be judiciously distributed across all the provinces. He was appreciative of China for […]

by Mrs. Anjum Shahnawaz

SBP extends validity measures to mitigate coronavirus pandemic

Dec 31

Money & Banking

SBP extends validity measures to mitigate coronavirus pandemic

KARACHI: The State Bank of Pakistan (SBP) has extended the validity of measures up to June 30, 2021 to mitigate coronavirus pandemic related to Anti-Money Laundering (AML)/ Counter Financing of Terrorism (CFT), a statement said on Thursday. The SBP invited the attention towards BPRD Circular Letters No. 32 & 33 of 2020 and AC&MFD Circular […]

by Mrs. Anjum Shahnawaz

FBR exempts sales tax on medical goods for COVID prevention, treatment

Nov 25

Taxation

FBR exempts sales tax on medical goods for COVID prevention, treatment

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday exempted whole of sales tax on import of medical instruments and equipments for prevention and treatment of COVID pandemic.

by Mrs. Anjum Shahnawaz

FBR cuts staff strength to half on coronavirus resurgence

Nov 24

Taxation

FBR cuts staff strength to half on coronavirus resurgence

ISLAMABAD: Federal Board of Revenue (FBR) on Monday directed all the tax offices to cut the staff (BS-1 to BS-15) by 50 percent with immediate effect in the wake of resurgence of coronavirus. In a circular issued by the FBR, stated that due to resurgence of COVID-19 and keeping in view the NCOC decision, the […]

by Mrs. Anjum Shahnawaz

Duty exempted on import of medical equipments for prevention, treatment of COVID

Nov 23

Pakistan Customs

Duty exempted on import of medical equipments for prevention, treatment of COVID

ISLAMABAD: Federal Board of Revenue (FBR) on Monday exempted customs duty, regulatory duty and additional customs duty on import of medical instruments and equipments for prevention and treatment of COVID pandemic. The FBR issued SRO 1251(I)/2020 dated November 23, 2020 to exempt whole of customs duty, regulatory duty and additional customs duty on import of […]

by Mrs. Anjum Shahnawaz

ECC approves $150 million for COVID vaccine purchase

Nov 20

National

ECC approves $150 million for COVID vaccine purchase

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved an amount of $150 million for the purchase of the COVID-19 vaccine. Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee of the Cabinet here at Islamabad. Minister for Industries and […]

by Mrs. Anjum Shahnawaz

LTO Karachi takes measures to contain resurgence of coronavirus

Oct 14

Taxation

LTO Karachi takes measures to contain resurgence of coronavirus

KARACHI: Large Taxpayers Office (LTO) Karachi has taken measures to contain the resurgence of coronavirus. In this regard, an advisory has been issued for the staff of LTO Karachi with directives of strict implementation. Badaruddin Ahmed Qureshi, Chief Commissioner, LTO Karachi directed all divisions including audit, enforcement and legal of the tax office in order […]

by Mrs. Anjum Shahnawaz

FBR extends utilization period of input goods under export schemes

Sep 23

Pakistan Customs

FBR extends utilization period of input goods under export schemes

ISLAMABAD: Federal Board of Revenue (FBR) has extended the utilization period of input goods under export facilitation schemes up to February 28, 2021 for all three schemes that are Manufacturing Bond, Export Oriented Units and Export Processing Zones, a statement said on Wednesday. A FBR spokesman said that this measure would ensure that the feared […]

by Mrs. Anjum Shahnawaz