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Dec 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Hamid Waleed

Tax experts suggest amendments in refund rules
Markets

Tax experts suggest amendments in refund rules

Tax experts proposed Monday that the law/refund rules need to be appropriately amended to provide for refund with the filing of monthly sales tax return as the export data/evidence is readily available with the customs authorities.
Published 18 Jun, 2019 12:00am
Judiciary being pressurised: Bilawal
Print

Judiciary being pressurised: Bilawal

Pakistan People's Party (PPP) Chairman Bilawal Bhutto-Zardari said on Satu-rday that judiciary is being pressurised and attacks on judiciary are being made under a conspiracy. He said there would no difference in dictatorship and democracy if institutions
Published 16 Jun, 2019 12:00am
Judiciary being pressurised: Bilawal
Print

Judiciary being pressurised: Bilawal

Pakistan People's Party (PPP) Chairman Bilawal Bhutto-Zardari said on Satu-rday that judiciary is being pressurised and attacks on judiciary are being made under a conspiracy. He said there would no difference in dictatorship and democracy if institutions
Published 16 Jun, 2019 12:00am
Amendments proposed in ST & FED discussed
Print

Amendments proposed in ST & FED discussed

The second session of Post Budget Conference 2019 held at a local hotel, which covered the topic of indirect taxation with main speaker Asim Zulfiqar Ali, FCA. Rana Muhammad Usman Khan moderated the session while the panelists included Naeem Akhtar Sheikh
Published 16 Jun, 2019 12:00am
Budget 2019-20: Punjab allocates Rs 350 billion for ADP
Print

Budget 2019-20: Punjab allocates Rs 350 billion for ADP

The Punjab government has presented Rs350 billion Annual Development Programme (ADP) for the financial year 2019-20 as a key policy instrument to execute the development vision, meet policy objectives and achieve development targets set by the government.
Published 15 Jun, 2019 12:00am
'Assets declaration scheme likely to get encouraging response'
Markets

'Assets declaration scheme likely to get encouraging response'

The focal person of assets declaration scheme at the Corporate Regional Tax Office (CRTO) Lahore, Jamshaid Fakhri Dahir, said on Wednesday that he was receiving more queries about the scheme comparing with the last amnesty scheme announced by the PML-N go
Published 13 Jun, 2019 12:00am
Wholesalers, distributors & retailers for rationalisation of WHT
Print

Wholesalers, distributors & retailers for rationalisation of WHT

Wholesalers, distributors and retailers have expressed their disappointment with the approach of newly-appointed Chairman Federal Board of Revenue (FBR) Syed Shabbar Zaidi, saying that he was making no sincere efforts in rationalizing taxes despite having
Published 31 May, 2019 12:00am
Government mulls tax relief withdrawal today
Print

Government mulls tax relief withdrawal today

The federal government is set to ponder over the possibility of withdrawal of the zero-rating regime from five exporting industries in order to ensure over Rs 50 billion sales tax on domestic sales, said sources. They said the federal finance minister Abd
Published 28 May, 2019 12:00am
Member Customs evolves strategy to maximise revenue collection
Markets

Member Customs evolves strategy to maximise revenue collection

Member Customs (Operations) Dr Jawwad Uwais Agha has concluded marathon sessions with Chief Collector and Collectors of the Central Region (Lahore Appraisement & Preventive, Faisalabad and Multan) of Pakistan Customs to analyze the performance in terms of
Published 26 May, 2019 12:00am
Nepra flouts time frame of Discos quarterly adjustments
Print

Nepra flouts time frame of Discos quarterly adjustments

The National Electric Power Regulatory Authority (Nepra) has violated its own rules while considering the requests of quarterly adjustments of distribution companies (Discos) on account of variation in Power Purchase Price (PPP) for the quarter July to Se
Published 19 May, 2019 12:00am
Industries exempted from load-shedding during Ramazan
Print

Industries exempted from load-shedding during Ramazan

The industry circles have taken a sigh of relief, as for the first time over the last 10 years there was zero loadshedding on independent feeders at the advent of Ramazan. According to spokesperson of Power Division, demand for electricity stood at 19967
Published 08 May, 2019 12:00am
Tax experts laud FBR's idea of fixed tax
Print

Tax experts laud FBR's idea of fixed tax

Tax experts have lauded the idea of fixed tax introduced by the Federal Board of Revenue (FBR), saying that taxpayers would like to avail it as they would get rid of the harassment as a result of raids by the field staff of FBR. The idea of fixed tax woul
Published 05 Apr, 2019 12:00am
IR Lahore recovers Rs 620 million from single taxpayer
Print

IR Lahore recovers Rs 620 million from single taxpayer

The Directorate of Intelligence and Investigation, Inland Revenue, Federal Board of Revenue (FBR), Lahore has recovered the largest admitted tax payment of Rs620 million from a single tax payer during the current financial year in any directorate of the F
Published 03 Apr, 2019 12:00am
Mohmand Dam: Wapda awards contract to CGGC-Descon JV
Print

Mohmand Dam: Wapda awards contract to CGGC-Descon JV

Following the World Water Day celebrated last week, the Pakistan Water and Power Development Authority (WAPDA) took a giant leap forward for development of precious water resources in the country by awarding on Tuesday the delayed-for-decade contract for
Published 27 Mar, 2019 12:00am
Mohmand Dam: Wapda awards contract to CGGC-Descon JV
Print

Mohmand Dam: Wapda awards contract to CGGC-Descon JV

Following the World Water Day celebrated last week, the Pakistan Water and Power Development Authority (WAPDA) took a giant leap forward for development of precious water resources in the country by awarding on Tuesday the delayed-for-decade contract for
Published 27 Mar, 2019 12:00am
Mohmand Dam: Wapda awards contract to CGGC-Descon JV
Print

Mohmand Dam: Wapda awards contract to CGGC-Descon JV

Following the World Water Day celebrated last week, the Pakistan Water and Power Development Authority (WAPDA) took a giant leap forward for development of precious water resources in the country by awarding on Tuesday the delayed-for-decade contract for
Published 27 Mar, 2019 12:00am
Tax officials for evaluating performance of LTUs
Print

Tax officials for evaluating performance of LTUs

The performance evaluation of the Large Taxpayer Units (LTUs) had become due in order to assess its merits and demerits to the tax machinery, said tax officials. While requesting anonymity, they said this is right time to evaluate the performance of LTUs
Published 24 Mar, 2019 12:00am