Business & Finance FY2021-22: SECP approves names of 41000 new firms ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved around 41,000 new companies’... Published 09 Jul, 2022 03:57am
Business & Finance FBR issues list of 101 unregistered Tier-1 retailers ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 101 unregistered retailers (Tier-1), who are... Published 07 Jul, 2022 05:35am
Print Digital lending sector: Strict action to be taken against unregulated entities: SECP ISLAMABAD: In collaboration with other regulators and law enforcement agencies, the Securities and Exchange... Updated 07 Jul, 2022 09:34am
Print FBR takes step aimed at further liberalising baggage rules ISLAMABAD: The Federal Board of Revenue (FBR) has made baggage rules more liberal, enhanced special allowances for... Updated 07 Jul, 2022 09:23am
Business & Finance FASTER system: FBR pays Rs34bn refunds to exporters ISLAMABAD: The Federal Board of Revenue (FBR) has paid Rs34 billion to the exporters under the “FASTER” refund... Published 06 Jul, 2022 07:11am
Print Air travel FED reduced to Rs30,000 ISLAMABAD: To give relief to the rich/wealthy class, the government has decided to reduce the federal excise duty... Updated 06 Jul, 2022 09:33am
Business & Finance Late delivery: FBR asked to direct car maker to pay KIBOR+ 3pc/annum ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to direct a car... Published 06 Jul, 2022 05:35am
Pakistan Non-filers: NADRA re-working on data for correction of profiles ISLAMABAD: The National Database and Registration Authority (NADRA) is re-working on the data for correction of the... Updated 05 Jul, 2022 09:56am
Business & Finance Small gift parcels: FTO asks FBR to formulate proper rules ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to adopt a more... Published 05 Jul, 2022 05:19am
Business & Finance Ban on luxury goods’ import: Customs urged to release blocked shipments of IT traders ISLAMABAD: The customs authorities at Karachi have blocked the shipment of imported goods of the IT traders at the... Published 05 Jul, 2022 05:19am
Print Diplomatic missions: FBR restores ST exemption ISLAMABAD: The government has retrospectively restored sales tax exemption on the import of goods by the United... Updated 04 Jul, 2022 09:39am
Print Pharma raw materials: No input tax adjustment after 1pc GST payment: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has denied input tax adjustment facility, from July 1, 2022, to the... Updated 03 Jul, 2022 09:27am
Print NBFCs disburse cumulative loan of Rs13bn in 2 years ISLAMABAD: Despite Covid-19 and other technical hurdles, the newly licensed digital lending fintech Non-Banking... Updated 03 Jul, 2022 09:27am
Business & Finance Air travel FED not applicable on tickets issued before July 1: FBR ISLAMABAD: The Federal Board of Revenue (FBR) announced Saturday night that the enhanced rate of the Federal Excise... Published 03 Jul, 2022 05:39am
Print Budgetary measures: FBR issues notifications ISLAMABAD: The Federal Board of Revenue (FBR) has issued notifications for the implementation of the budgetary... Updated 02 Jul, 2022 09:51am
Business & Finance Capital assets: Tax on deemed income applicable to TY22, onwards ISLAMABAD: The Finance Act 2022 has clarified that the tax on deemed income would be applicable for Tax Year 2022... Updated 02 Jul, 2022 12:12pm
Business & Finance Global money transfers: ECs to deduct tax on payment of fee to operators ISLAMABAD: Every exchange company licensed by the State Bank of Pakistan (SBP) shall deduct tax at the time of ... Updated 02 Jul, 2022 09:34am
Pakistan Seizure of smuggled goods, non-duty paid vehicles: FBR to give cash rewards to LEAs officials ISLAMABAD: The Federal Board of Revenue (FBR) has decided to give cash rewards to the officials of other law... Published 01 Jul, 2022 07:39am
Pakistan Cigarette makers launch illegal promotion campaigns ISLAMABAD: Local cigarette manufacturers have launched illegal cigarette promotion campaigns to encourage young... Published 01 Jul, 2022 06:13am
Pakistan President gives assent to Finance Act, 2022 ISLAMABAD: President Arif Alvi has given assent to the Finance Act, 2022, to enforce taxation and relief measures ... Published 01 Jul, 2022 06:13am