A tax expert has raised legal and technical objections in the draft income tax return forms for individuals, Association of Persons (AOPs) and companies for Tax Year 2011. Waheed Shahzad Butt, a renowned Lahore based tax lawyer has submitted a detailed pr
Chaudhry Shujaat Hussain, President PML (Q), called on President Asif Ali Zardari at the Aiwan-e-Sadr on Wednesday. Mushahid Hussain Sayed was also present during the meeting. Current political situation and coalition matters were discussed during the mee
The National Engineering Services Pakistan (Nespak) has completed the reconnaissance survey of the 800 kilometers Iran-Pakistan Pipeline project on Pakistan's side. Sources in Nespak told Business Recorder that the experts' team after successfully
Nato-led forces killed the Taliban militants responsible for shooting down a US helicopter last weekend but not the insurgent leader initially sought, the top US and Nato commander in Afghanistan said on Wednesday. The disclosure by General John Allen cam
Nato-led forces killed the Taliban militants responsible for shooting down a US helicopter last weekend but not the insurgent leader initially sought, the top US and Nato commander in Afghanistan said on Wednesday. The disclosure by General John Allen cam
A US drone strike killed at least 21 suspected militants in North Waziristan region on Wednesday, officials said, just days after Pakistan called for "clear terms of engagement" in the US-Pakistan relationship. Among those targeted in the attack on a hous
A US drone strike killed at least 21 suspected militants in North Waziristan region on Wednesday, officials said, just days after Pakistan called for "clear terms of engagement" in the US-Pakistan relationship. Among those targeted in the attack on a hous
World Bank is reportedly not worried over extraordinary delay and abnormal increase in physical and price contingencies of N-5 highway rehabilitation project, encompassing four provinces, well-informed sources told Business Recorder.
World Bank is reportedly not worried over extraordinary delay and abnormal increase in physical and price contingencies of N-5 highway rehabilitation project, encompassing four provinces, well-informed sources told Business Recorder.
World Bank is reportedly not worried over extraordinary delay and abnormal increase in physical and price contingencies of N-5 highway rehabilitation project, encompassing four provinces, well-informed sources told Business Recorder.
Awami National Party (ANP) on Wednesday demanded of the government to discuss the issue of alleged figures'' fudging by Federal Board of Revenue (FBR) in the National Assembly. Bushra Gohar of ANP said on the floor of the Lower House that the allegations
Awami National Party (ANP) on Wednesday demanded of the government to discuss the issue of alleged figures' fudging by Federal Board of Revenue (FBR) in the National Assembly. Bushra Gohar of ANP said on the floor of the Lower House that the allegations o
Higher trend was seen on the local currency market on Wednesday as the rupee posted fresh gains against dollar due to easy supply of the US currency, dealers said. The rupee extended fresh gains in relation to dollar, gaining 10 paisa for buying and selli
Awami National Party (ANP) on Wednesday demanded of the government to discuss the issue of alleged figures' fudging by Federal Board of Revenue (FBR) in the National Assembly. Bushra Gohar of ANP said on the floor of the Lower House that the allegations o
Higher trend was seen on the local currency market on Wednesday as the rupee posted fresh gains against dollar due to easy supply of the US currency, dealers said. The rupee extended fresh gains in relation to dollar, gaining 10 paisa for buying and selli
Pakistani authorities have completed formalities to extradite the most wanted terror suspect in the deadly 2002 Bali bombing to Indonesia. Indonesian al Qaeda operative Umar Patek is wanted in the deadly Bali bombings, who was arrested from Abbottabad in
Pakistani authorities have completed formalities to extradite the most wanted terror suspect in the deadly 2002 Bali bombing to Indonesia. Indonesian al Qaeda operative Umar Patek is wanted in the deadly Bali bombings, who was arrested from Abbottabad in
Four officials from US Islamabad Embassy on Wednesday were sent back from Peshawar for reportedly not holding NOC. According to a report, after the 2nd May incident a vigilant security check has been kept on the movement of US diplomats. On Wednesday, fou
Four officials from US Islamabad Embassy on Wednesday were sent back from Peshawar for reportedly not holding NOC. According to a report, after the 2nd May incident a vigilant security check has been kept on the movement of US diplomats. On Wednesday, fou
Prime Minister Syed Yousuf Raza Gilani on Wednesday directed the Ministry of Law to clear the file regarding the 400 mega watt Nandi Pur power project and expedite the case. He issued the directive in his meeting with Chief Minister Punjab Mian Shahbaz Sh
Prime Minister Syed Yousuf Raza Gilani on Wednesday directed the Ministry of Law to clear the file regarding the 400 mega watt Nandi Pur power project and expedite the case. He issued the directive in his meeting with Chief Minister Punjab Mian Shahbaz Sh
Prime Minister Syed Yousuf Raza Gilani on Wednesday directed the Ministry of Law to clear the file regarding the 400 mega watt Nandi Pur power project and expedite the case. He issued the directive in his meeting with Chief Minister Punjab Mian Shahbaz Sh
Remittances sent home by overseas Pakistanis continued to show a rising trend as an amount of $1,096.31 million was received in the country in the first month (July 2011) of the current fiscal year 2011-12 (FY12), showing an impressive growth of 38.57 per
Remittances sent home by overseas Pakistanis continued to show a rising trend as an amount of $1,096.31 million was received in the country in the first month (July 2011) of the current fiscal year 2011-12 (FY12), showing an impressive growth of 38.57 per
Remittances sent home by overseas Pakistanis continued to show a rising trend as an amount of $1,096.31 million was received in the country in the first month (July 2011) of the current fiscal year 2011-12 (FY12), showing an impressive growth of 38.57 per
An online petition calling for looters and rioters to have their state welfare handouts withdrawn has proved so popular that the British government website hosting it crashed Wednesday. More than 78,000 people had signed the petition by the time it crashe
An online petition calling for looters and rioters to have their state welfare handouts withdrawn has proved so popular that the British government website hosting it crashed Wednesday. More than 78,000 people had signed the petition by the time it crashe
An online petition calling for looters and rioters to have their state welfare handouts withdrawn has proved so popular that the British government website hosting it crashed Wednesday. More than 78,000 people had signed the petition by the time it crashe
The Federal Board of Revenue (FBR) collected Rs 630.55 billion as net sales tax collection during full year 2010-11, against Rs 517.3 billion of previous fiscal year (2009-10), reflecting an increase of Rs 113.25 billion. Business Recorder learnt h
The Federal Board of Revenue (FBR) collected Rs 630.55 billion as net sales tax collection during full year 2010-11, against Rs 517.3 billion of previous fiscal year (2009-10), reflecting an increase of Rs 113.25 billion. Business Recorder learnt h
The Federal Board of Revenue (FBR) collected Rs 630.55 billion as net sales tax collection during full year 2010-11, against Rs 517.3 billion of previous fiscal year (2009-10), reflecting an increase of Rs 113.25 billion. Business Recorder learnt h
The Public Accounts Committee (PAC) of the National Assembly Wednesday directed the foreign affairs ministry to hold a thorough probe into the sale of Chancery Building in Indonesia and fix responsibility on persons involved within six weeks.
The Public Accounts Committee (PAC) of the National Assembly Wednesday directed the foreign affairs ministry to hold a thorough probe into the sale of Chancery Building in Indonesia and fix responsibility on persons involved within six weeks.
The Public Accounts Committee (PAC) of the National Assembly Wednesday directed the foreign affairs ministry to hold a thorough probe into the sale of Chancery Building in Indonesia and fix responsibility on persons involved within six weeks.
Bank of New York Mellon Corp said Wednesday that it will cut about 1,500 jobs, or 3 percent of its work force, the latest sign of the banking industry's painful shrinking. CEO Bob Kelly noted that the bank's revenue had been growing but added that ``expen
Equities moved both ways at the Islamabad Stock Exchange (ISE) on Wednesday where investors adopted cautious approach amid increase in index. ISE-10 Index showed improvement of 59.56 points from 2,400.74 points to 2,460.30 points. Turnover amounted to 41,
Equities moved both ways at the Islamabad Stock Exchange (ISE) on Wednesday where investors adopted cautious approach amid increase in index. ISE-10 Index showed improvement of 59.56 points from 2,400.74 points to 2,460.30 points. Turnover amounted to 41,
On Wednesday, the BRIndex30 opened at 7,785.82 points and remained in positive throughout the trading session. It touched the intra-day high of 8,091.08 points and low of 7,981.82 points and closed at 8,048.27 points with a net positive change of 262.45 p
On Wednesday, the BRIndex30 opened at 7,785.82 points and remained in positive throughout the trading session. It touched the intra-day high of 8,091.08 points and low of 7,981.82 points and closed at 8,048.27 points with a net positive change of 262.45 p
The Karachi share market on Wednesday witnessed healthy recovery on the back of local investors'' interest on available attractive levels, analysts said. The KSE-100 index registered healthy recovery of 276.37 points to close at the level of 11,311.29 poi
The Karachi share market on Wednesday witnessed healthy recovery on the back of local investors' interest on available attractive levels, analysts said. The KSE-100 index registered healthy recovery of 276.37 points to close at the level of 11,311.29 poin
The Karachi share market on Wednesday witnessed healthy recovery on the back of local investors' interest on available attractive levels, analysts said. The KSE-100 index registered healthy recovery of 276.37 points to close at the level of 11,311.29 poin
The Sindh Revenue Board (SRB) has decided to collect federal excise duty on services (FEDoS) from all taxpayer companies and individuals, Business Recorder learnt on Wednesday. This decision was taken in the light of the advice furnished by Sindh L
The Sindh Revenue Board (SRB) has decided to collect federal excise duty on services (FEDoS) from all taxpayer companies and individuals, Business Recorder learnt on Wednesday. This decision was taken in the light of the advice furnished by Sindh L
The Sindh Revenue Board (SRB) has decided to collect federal excise duty on services (FEDoS) from all taxpayer companies and individuals, Business Recorder learnt on Wednesday. This decision was taken in the light of the advice furnished by Sindh L
In order to facilitate the business community, the Federal Board of Revenue (FBR) has decided to extend the date for payment of sales tax/federal excise duty (FED) for the Tax Period of July 2011 upto August 20 and filing of sales tax and federal excise r
In order to facilitate the business community, the Federal Board of Revenue (FBR) has decided to extend the date for payment of sales tax/federal excise duty (FED) for the Tax Period of July 2011 upto August 20 and filing of sales tax and federal excise r
In order to facilitate the business community, the Federal Board of Revenue (FBR) has decided to extend the date for payment of sales tax/federal excise duty (FED) for the Tax Period of July 2011 upto August 20 and filing of sales tax and federal excise r
The insurance companies and banks have requested the Federal Board of Revenue (FBR) to immediately clarify whether they would file sales tax returns with the FBR or Sindh Revenue Board (SRB), as the SRB is strongly pursuing the service providers to pay pr
The insurance companies and banks have requested the Federal Board of Revenue (FBR) to immediately clarify whether they would file sales tax returns with the FBR or Sindh Revenue Board (SRB), as the SRB is strongly pursuing the service providers to pay pr
The insurance companies and banks have requested the Federal Board of Revenue (FBR) to immediately clarify whether they would file sales tax returns with the FBR or Sindh Revenue Board (SRB), as the SRB is strongly pursuing the service providers to pay pr
The Pakistan Army Promotion Board has approved the promotion of 19 Brigadiers to the rank of Major General on Wednesday. The decision to this effect was made at the promotion board meeting held at the General Headquarters in Rawalpindi with Chief of Army