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Bank of Khyber posts Rs2.15b profit for 2020
PESHAWAR: The Bank of Khyber (BoK) closed the previous year with a historic profit before tax (PBT) of Rs3, 806...
FBR starts harmonizing IR codes to simplify & consolidate tax laws
ISLAMABAD: Federal Board of Revenue (FBR) has started harmonizing Inland Revenue codes in order to simplify and consolidate the tax...
Exports drop 4.5pc in February
ISLAMABBAD: Pakistan’s exports fell by over four per cent in February as compared to the corresponding period from a year...
Govt collects Rs679b PDL during last three years
ISLAMABAD: The federal government has collected around Rs679 billion on account of the Petroleum Development Levy (PDL) during the last...
Private LNG import likely to start in April, May
ISLAMABAD: The award of unutilised Liquefied Natural Gas (LNG) terminal capacity is currently in process, following which the private sector...
Consumer inflation rises to four-month high
ISLAMABAD: The Pakistan Bureau of Statistics (PBS) has said that the Consumer Price Index-based inflation rate in Pakistan has surged...
Punjab Revenue Authority collects Rs10.1b in Feb
LAHORE: According to provisional collection figures, the Punjab Revenue Authority has collected Rs10.1 billion in the month of February 2021,...
RCCI Build 2021 and Construction Trade Fair ends on a high note
RAWALPINDI: The first Build 2021 and Construction Trade Fair being organized by the Rawalpindi Chamber of Commerce and Industry (RCCI)...
Eurobonds, Sukuks granted income tax exemption by FBR
ISLAMABAD: Federal Board of Revenue (FBR) granted income tax exemption on profits derived by foreign nationals on yield of Eurobonds...
SHC allows SCRAs in favor of Collector of Customs filed against M/S Junaid Traders & others
KARACHI: A two-member bench of The Sindh High Court (SHC) set aside impugned order of the Tribunal and allowed all...
M/s Agha Steel posts 1.05b profit for July-Dec FY21
KARACHI: Agha Steel Industries announced its financial results for the half year ended on 31st December 2020. The company announced...
FBR suspends IR officer of BS 18 Jamshed Khan for four months
ISLAMABAD: Federal Board of Revenue (FBR) suspended a BS-18 officer of Inland Revenue Service (IRS) for four months with immediate...
Pakistan improves position on WB Ease of Doing Business Index: report
ISLAMABAD: Pakistan has improved its position on World Bank (WB) Ease of Doing Business Index for the second consecutive year,...
Traders tax & other issues to be resolved on priority basis
LAHORE: PIAF delegation led by PIAF Chairman Mian Noman Kabir for feedback on traders' problems and determination to solve them....
Customs court approves after arrest bail to suspects in contraband goods smuggling case
KARACHI: The Customs Court granted after arrest bail to suspects namely Asghar Khan son of Abdul Ghaffar and Shah Jahan...
ATL registers 30pc drop
ISLAMABAD: The number of active taxpayers has declined by 30 per cent or 935,000 to just under 2.2 million, according...
FBR launches new complaint redressal mechanism to target corruption
ISLAMABAD: The Federal Board of Revenue (FBR) has announced to launch a new complaint redressal mechanism aimed at solving complaints...
FBR publishes active taxpayers’ list for tax year 2020
ISLAMABAD: The Federal Board of Revenue (FBR) published on Monday the Active Taxpayers’ List (ATL) for Tax Year 2020. According...
17th meeting of NEC on Anti-Money Laundering reviews FATF action Plan
ISLAMABAD: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the 17th meeting of the National Executive Committee...
OGDCL spending Rs10.22m in Lakki Marwat under CSR initiative
ISLAMABAD: The Oil and Gas Development Company (OGDCL) is spending an amount of Rs 10.22 million, under its Corporate Social...
