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News updates Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people
FBR updates WHT rates on payment to non-residents
ISLAMABAD: Federal Board of Revenue (FBR) updated withholding tax rates on payment made to non-residents for tax year 2021 under...
ECNEC okays Pakistan Single Window project & establishment of dry port near Havelian
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Executive...
National Financial Literacy Program milestones achieved: SBP
KARACHI: The National Financial Literacy Program (NFLP) of the State Bank of Pakistan (SBP) completed its third year at the...
Business Confidence Score in Pakistan stands at negative 50pc: OICCI
KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) shared the results of its Business Confidence Index (BCI) Survey –...
PSX’s first listing of 2020 comes with an oversubscribed IPO
KARACHI: A gong ceremony to mark the first listing of the year 2020 of The Organic Meat Company Limited (TOMCL)...
New amendments by SECP only allow ATL listed individuals for registration
ISLAMABAD: The individuals whose names are not appearing on the Active Taxpayer List (ATL) of the Federal Board of Revenue...
Excellent performance: Missing Persons Commission settles 4616 cases up to July 30
ISLAMABAD: Missing Persons Commission has disposed of 4616 cases upto July 30, 2020 as per monthly progress report released by...
FBR exempts builders, developers from withholding income tax
ISLAMABAD: The Federal Board of Revenue (FBR) has announced that builders and developers opting for the Fixed Tax Scheme (FTS)...
NCC to decide on reopening marriage halls, tourism, parks: Hammad Azhar
ISLAMABAD: Government has started consultations with provinces over reopening marriage halls, tourism, restaurants, parks etc, said Federal Minister of Industries...
China’s ByteDance to consider int’l HQ for TikTok, outside US
LONDON: Chinese tech company ByteDance said it was considering moving the headquarters of its TikTok video-sharing platform overseas, following a...
KPT shipping intelligence report August 4
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
SMEDA increases R&D activities to promote SME development
LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has increased its Research and Development (R&D) activities aimed at planning...
Customs court approves physical remand of suspect in HSD oil smuggling case
KARACHI: The Customs Court sent suspect namely Muhammad Bakhtiar son of Muhammad Maqbool to customs lock-up on physical remand, who...
FBR shares CNICs of 0.1m unregistered persons to NADRA to expand tax base
ISLAMABAD: The Federal Board of Revenue (FBR) provided a list of 100,000 Computerised National Identity Card (CNIC) numbers of unregistered...
Promotion to next grade: FBR seeks performance evaluation reports of BS-19-20 officers
ISLAMABAD: Federal Board of Revenue (FBR) has directed officers of BS-19 and BS-20 to complete their performance evaluation reports (PERs)...
Rates of WHT on profit on debt updated for tax year 2021
ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rates on profit on debt to be prevailed during Tax...
Najy Benhassine succeeds Illango Patchamuthu as WB’s Pakistan chief
ISLAMABAD: Najy Benhassine is the World Bank’s new Country Director for Pakistan effective August 1. He succeeds Illango Patchamuthu, who...
PSX gains 613.17 points to close at 39,871.61 points
KARACHI: The Pakistan Stock Exchange (PSX) on witnessed bullish trend as KSE-100 closed at 39,871.61 points as compared to 39,258.44...
FBR exempts sales tax on import of oxygen gas, cylinders for three months
ISLAMABAD: Federal Board of Revenue (FBR) on Monday granted sales tax exemption on import of oxygen gas and cylinders (for...
Transparency Int’l appreciates NAB’s anti-corruption efforts under leadership of Justice Javed Iqbal
ISLAMABAD: Justice Javed Iqbal, Chairman National Accountability Bureau (NAB) chaired a meeting at NAB Headquarters. The meeting reviewed overall performance...
