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Gold price decreases Rs350 to Rs115,350 per tola
ISLAMABAD: The price of 24 karat gold decreased by Rs350 on Friday and was traded at Rs115,350 against its price...
Multan IR I&I detects tax evasion of unregistered slanty factory
MULTAN: Federal Board of Revenue (FBR) Inland Revenue (IR) Intelligence and Investigation Multan has detected tax evasion of unregistered manufacturing...
Pakistan to remain on FATF’s grey list for now
PARIS: The Financial Action Task Force (FATF) on Friday announced that Pakistan will continue to remain in its "increased monitoring...
FBR updates rate of penalty for not filing return of income
ISLAMABAD: Federal Board of Revenue (FBR) has updated the rate of fine and penalty for failure to file annual return...
Dr. Sadiqullah Khan’s Hyderabad I&I recovers smuggled cigarettes worth Rs11.72m from Umerkot
HYDERABAD: After specific directions of Abdul Rasheed Shaikh, Director-General Customs Intelligence and Investigation (I&I) Islamabad to adopt zero tolerance policy...
M/s Salman Paper Products moves SHC against detention of consignment
KARACHI: M/s Salman Paper Products Pvt Ltd has approached The Sindh High Court (SHC) and filed a constitutional petition against...
DG Valuation revises customs values of chemicals vide VR No1480/2020
KARACHI: Directorate-General Customs Valuation has determined customs values of chemicals, boric acid, aluminum oxide, chromic acid, barium chloride, sodium meta...
FBR taking steps to bring customs valuation office to Lahore
LAHORE: The Federal Board of Revenue (FBR) is taking steps to bring the customs valuation office to Lahore. A single...
FBR updates tax rate on Sukuks
ISLAMABAD: Federal Board of Revenue (FBR) has updated tax rate on return on investment in Sukuks for the tax year...
Asdaq, Nazia, Ittrat to ensure smooth clearance of spark plugs, bearing & parts sans valuation
LAHORE: Collectorate of Customs Appraisement and Facilitation Dryport Collector Mohsin Rafiq has issued office order to ascertain the role of...
NAB initiates another inquiry against former NBP president
KARACHI: The National Accountability Bureau (NAB) has launched another inquiry against former National Bank of Pakistan (NBP) president Saeed Ahmed....
NAB EBM approves new references against Nawaz Sharif, Fawad Hasan Fawad & others
ISLAMABAD: EThe National Accountability Bureau (NAB) agreed to file new references against Nawaz Sharif, Ahsan Iqbal, former principal secretary to...
Hafeez holds virtual meeting with IMF, World Bank
ISLAMABAD: Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh held a virtual meeting with Managing Director, World...
Tax rates on payments to non-residents on services, contract execution updated
ISLAMABAD: Federal Board of Revenue (FBR) has updated tax rates on payments to non-residents as fee for technical services or...
Fake sales tax invoices: Customs Court convicts proprietor of M/s MAM Business International
KARACHI: The Customs Court imposed fine on suspect namely Muhammad Muqeemuddin son of Qasim Ali, proprietor of M/s MAM Business...
Hafeez Shaikh directs FBR to set up an efficient complaint resolution system
ISLAMABAD: Chairman Complaint Oversight Committee of the FBR Mussadaq Zulqarnain called on the Adviser to the Prime Minister on Finance...
Hafeez stresses use of data to expand tax base
ISLAMABAD: Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh has reiterated the need for broadening the tax net...
Hafeez appreciates telecommunication industry for helping transfer of funds during COVID-19
ISLAMABAD: Sergi Herrero, Co-Chief Executive Officer VEON, along with Aamir Ibrahim, Chief Executive Officer Jazz and Syed Fakhar Ahmad, Chief...
NAB DG Shahzad Saleem uprooting corruption, recovers Rs15,817m with increase of 280pc per year
LAHORE: Under the supervision of Director-General Shahzad Saleem, National Accountability Bureau (NAB) Lahore’s Awareness & Prevention (A&P) Wing has been...
FBR registers 127 projects worth Rs63b under construction industry incentive scheme
ISLAMABAD: Federal Board of Revenue (FBR) has registered around 127 projects worth Rs63 billion under Prime Minister’s construction industry incentive...
