ISLAMABAD: Federal Board of Revenue has revised the Performa under SRO.1040(I)/2013 to seek additional information from persons intending to obtain exemption/immunity from audit by paying 25 percent higher tax for Tax Year 2013 against tax paid/assessed for Tax Year 2012.
In this regard, the FBR has issued Income Tax Circular 16 of 2013 to revise the Performa to claim exemption/immunity from audit under sections 177 and 214C of the Income Tax Ordinance 2001.
KARACHI: The State Bank of Pakistan (SBP) significantly reduced its dollar purchases from the interbank foreign exchange market in May,...
BISHKEK: Pakistan and Kyrgyzstan have made significant progress in strengthening bilateral relations, exchanging 16 agreements and memorandums of understanding in...
LAHORE: The federal government has decided to introduce Punjab's e-Biz portal in Islamabad as part of efforts to simplify business...
ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb has said Pakistan’s economic priorities are moving from stabilisation towards sustainable and inclusive growth,...
