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BUSINESS
PSMA refutes AGP report as unrealistic
ISLAMABAD: Pakistan Sugar Mills Association (PSMA) refuted the content of the Auditor General of Pakistan (AGP) report on sugar crisis.
PSMA chairman, Iskander Khan, responding to AGP report said it is a misperception that export was a…
FBR holds online awareness session on benami law
ISLAMABAD: As a part of awareness campaign under the directions of director general anti-benami initiative, Islamabad, the Commissioner Inland Revenue/Approving Authority, Anti-Benami Initiative, Zone-III, Karachi has conducted an online…
Tobacco industry using celeberties to mislead youth: PANAH claims
ISLAMABAD: Sana Ullah Ghumman, general secretary and director operations, Pakistan National Heart Association (PANAH), has said the tobacco industry misleads policymakers in the name of generating more revenue than others. He said showbiz…
FBR to deny input tax to non-integerated retailors
ISLAMABAD: The Federal Board of Revenue (FBR) in its drive to integrate Tier-1 retailers across the country, has issued Sales Tax General Order No.1 of 2021 by which a system-based approach is being adopted to integrate non-integrated…
FBR maintains momentum: Collects Rs 413 billion in July
ISLAMABAD: The Federal Board of Revenue (FBR) on Saturday released the provisional revenue collection figures for July, 2021.
According to the provisional information, FBR collected net revenue of Rs. 413 billion during July, 2021,…
Business community appreciates FBR initiatives for ease of doing business
ISLAMABAD: Chairman, Federal Board of Revenue Asim Ahmad met with President, Sarhad Chamber of Commerce and Industry Sherbaz Bilour here at FBR Headquarter on Friday.
President, Sarhad Chamber of Commerce and Industry appreciated FBR’s…
FBR takes steps for ease of doing business, taxpayers facilitation
ISLAMABAD: The Federal Board of Revenue
(FBR) has launched single identifier number for all domestic taxes.
Under this initiative a taxpayer can use all applications under the Income Tax, Sales Tax and Federal Excise duty by mere use…
FBR notifies committee for businesses’ integration
ISLAMABAD: In order to rapidly increase tax revenues by adding new taxpayers via extensive and innovative use of technology, Federal Board of Revenue (FBR) has issued a Notification for the constitution of a committee for integration of…
SECP registers 2,504 new companies in June 2021
ISLAMABAD, July 9: The Securities and Exchange Commission of Pakistan (SECP) registered 2,504 new companies in June 2021, indicating a growth of 63 % as compared to corresponding period last year. The total number of registered companies…
FBR constitutes committee for amendments in Customs Act
ISLAMABAD: The Federal Board of Revenue (FBR) has Constituted a committee to formulate rules under modified section of Customs Act
The committee of senior officers at Customs House, Karachi will formulate rules to implement section…