FBR directed to examine sales tax deduction on computerized arms licenses
ISLAMABAD: Federal Board of Revenue (FBR) has been directed to examine chargeability of sales tax on computerized arms license in the form of cards.
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ISLAMABAD: Federal Board of Revenue (FBR) has been directed to examine chargeability of sales tax on computerized arms license in the form of cards.
Continue ReadingISLAMABAD: Finance Minister Shaukat Tarin launched automated currency declaration system at Federal Board of Revenue (FBR) Headquarter here on Tuesday.
Continue ReadingKARACHI: The State Bank of Pakistan (SBP) on Sunday said it is launching a new initiative of Asaan (easy) Mobile Account (AMA) on Monday, December 13, 2021. The central bank in a statement said that the initiative was developed under the National Financial Inclusion Strategy with the objective to bring further ease in remote account […]
Continue ReadingISLAMABAD: Prime Minister Imran Khan on Thursday launched the automation of power of attorney for overseas Pakistanis at a ceremony held at Prime Minister House. The Prime Minister said that it was a historic day for overseas Pakistanis as the digitalization of Power of Attorney will facilitate around 75,000 overseas Pakistanis annually. While stressing the […]
Continue ReadingKARACHI: The exchange companies are required to deploy biometric verification system (BVS) for transactions of foreign currencies from November 6, 2021. “All exchange companies are advised to deploy BVS as provided by NADRA at their outlets for biometric verification after November 05, 2021,” the State Bank of Pakistan (SBP) said in a communication on Thursday. […]
Continue ReadingISLAMABAD: Federal Board of Revenue (FBR) has said that computation of income and assets prepared by the National Database Registration Authority (NADRA) shall be treated as assessment. The FBR in explanation to Tax Laws (Third Amendment) Ordinance, 2021 said that a new section 175B has been inserted in the Income Tax Ordinance, 2001 aiming to […]
Continue ReadingISLAMABAD: National Database and Registration Authority (NADRA) has been empowered to compute indicative income and tax liability of persons using artificial intelligence and other modes.
Continue ReadingThe introduction of biometric verification for registration on the PSW portal marks a significant milestone in streamlining customs procedures and improving the overall experience for traders.
Continue ReadingThe Karachi Chamber of Commerce and Industry (KCCI) has become the first chamber in the country to launch NADRA e-Sahulat for the Pakistan Single Window (PSW) portal.
Continue ReadingNew initiatives to facilitate digital financial products have been unveiled by the State Bank of Pakistan (SBP) to boost digitalization.
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