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PM Shehbaz orders third-party audit of all ongoing projects of National Highway Authority

FBR tells IMF only 1,016 retailers have filed returns under Aasan Tax Scheme

FBR expands AI use to scrutinize individual tax returns before enforcement action

Pakistan-IMF talks near end as $1.2bn tranche hangs in balance

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I&I-IR submits progress report against M/s Gharvi Enterprises

byM.B. Rana

22/01/2020

KARACHI: Customs Court approved progress report against several importers, their associates, staff members, who are nominated in a scam of...

Pakistan seeks further cooperation with ADB: Hafeez Shaikh

22/01/2020

ISLAMABAD: Pakistan looks forward to further strengthening its partnership with the Asian Development Bank (ADB) under its new President Masatsugu...

FBR issues clarification regarding levy of health tax on tobacco

ISLAMABAD: Federal Board of Revenue (FBR) has issued a clarification on a news item appeared in some section of press...

GD filing in “One Customs” to be regulated from Feb 2

ISLAMABAD: Federal Board of Revenue (FBR) issued notification regarding filing of Goods Declaration (GD) through WeBOC glow. The notification read...

Murtaza Syed appointed as deputy governor SBP

ISLAMABAD: The federal government appointed another man, who served at the International Monetary Fund (IMF), as the deputy governor of...

No tax imposed on wheat flour: FBR chairman

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi on Tuesday clarified that there is no tax imposed on...

Gold prices go up, trades at Rs89,950 per tola

ISLAMABAD: The per tola price of 24 karat gold appreciated by Rs150 on Tuesday and was traded at Rs89,950 as...

State Bank to announce monetary policy on Jan 28

KARACHI: The State Bank of Pakistan will announce monetary policy on January 28, 2020. SBP Governor Dr Reza Baqir will...

Exports increase 25pc to Rs1805b in 1H of FY2020

ISLAMABAD: The exports from the country, in rupee term, increased by 24.82 percent during the first half of the current...

Legal, administrative authority of customs department increased

ISLAMABAD: The administrative and legal authority of the customs department of the Federal Board of Revenue (FBR) have been enhanced,...

FBR decreases sales tax on mobile phones to promote digital economy

ISLAMABAD: Federal Board of Revenue (FBR) has reduced sales tax on mobile phones In order to promote digital economy. “Ninth...

KPT shipping intelligence report Jan 21

KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...

PSX down as negative sentiments prevail among investors concerning FATF meeting

KARACHI: The Pakistan Stock Exchange has been retreating amid uncertain speculations by investors as the country’s delegation meets Financial Action...

LHC grants bail to Fawad Hasan Fawad in assets case

LAHORE: Lahore High Court (LHC) on Tuesday has approved bail ofNawaz Sharif’s principal secretary Fawad Hasan Fawad in illegal assets...

Govt further amends SRO 680(I)/2019

ISLAMABAD: Ministry of Finance, Economic Affairs and Revenue Additional Secretary Dr. Jawwad Uwais Agha issued notification regarding further amendments in...

FBR directs bakers, sweet marts to integrate sales

ISLAMABAD: The Federal Board of Revenue (FBR) said that bakers and sweet marts falling under the definition of big retailers...

CIR submits FIR against M/s Paramount Industries in sales tax evasion case

byM.B. Rana