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BUSINESS
Pakistan make progress in world trade facilitation agreement
ISLAMABAD : Pakistan has considerably improved in implementation of World Trade Organization (WTO)’s Trade Facilitation Agreement (TFA). It jumped up from 34 prrcent in June, 2018 to 79 percent in June 2020. Federal Board of…
File income tax return by December 8 or face action; FBR warns
ISLAMABAD: The Federal Board of Revenue (FBR) has again reminded the taxpayers to file their annual income tax returns before the last date ...December, 8, 2020.
FBR has further clarified that according to Section-114 of Income Tax…
ECC approves cash grant for PIA VSS
ISLAMABAD : Advisor to the prime minister on Finance and Revenue, Dr. Abdul Hafeez Sheikh chaired the Economic Coordination Committee (ECC) meeting of the cabinet here today. Minister for Industries and Production, Hammad Azhar, SAPM on…
FBR develops e-Commerce automated clearance system
ISLAMABAD: To promote business to Consumer e-Commerce exports in Pakistan, Pakistan Customs has developed an e-Commerce automated clearance facility in collaboration with Sate Bank of Pakistan, Ministry of Commerce and e-commerce operators.…
FBR to have real time verification of CNIC, details
ISLAMABAD: In line with the vision of the Prime Minister to automate tax collection system to facilitate the taxpayers, Federal Board of Revenue (FBR) under the guidance of Special Assistant to Prime Minister on Revenue, has signed an MoU…
FBR amends timeframe for filing form H for commercial exporters
ISLAMABAD: The commercial exporters are an important limb of the overall export body of Pakistan. Availability of exports proceeds realization certificate ( Bank Credit Advice) (BCA) is one of the important checks that are…
Pakistan Customs launches AEO pilot programme
JSLAMABAD: Pakistan Customs has launched first trade facilitation program of its kind under the name and banner of “Authorized Economic Operators” through operationalization of “AEO pilot project” at Karachi.
The program has…
FBR collects Rs 1400 in four months
ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs. 1337 billion net revenue in the first 4 months of current fiscal year ( July -October ) against Rs. 1288 billion in the corresponding period of previous year.
According to…
FFC attains 1900 thousand tons urea production, 1838 thousand tons off-take mark
ISLAMABAD: In a board of directors meeting of Fauji Fertilizer Company Limited (FFC), the board announced results for the nine months period ended September 30, 2020. The 202th board meeting was held on October 28, 2020.
The company…
FBR organises tax awareness campaign at Centaurus
ISLAMABAD: The Federal Board of Revenue (FBR) facilitation and taxpayers education wing held a day long tax awareness campaign at Centaurus Shopping Mall here.
The campaign aimed to inform and educate the taxpayers and general public…
