FBR updates, income tax, budgets and markets for Pakistan
Business News & Updates in Pakistan Stay informed with the latest business and tax updates, economic developments, and regulatory changes affecting businesses in Pakistan. The Business category on Tax.net.pk, managed by Global Tax Consultants, provides timely news, analysis, and informative articles covering taxation, FBR announcements, SECP updates, company regulations, banking developments, investment opportunities, and government policies. Our objective is to keep entrepreneurs, business owners, professionals, taxpayers, investors, and the general public updated with important developments from Pakistan's business and financial sectors. Through reliable reporting and expert insights, we help readers understand how new policies, tax measures, and economic trends may impact businesses and individuals. Follow this category for the latest business headlines, compliance updates, tax reforms, budget announcements, and economic news from across Pakistan.
73 articles
The Best Business Opportunities in Pakistan in 2023. There are normally lot of business opportunities which one can start. But in Pakistan inflation is at it's top due to increase in dollar…
Gulfood 2023 Exhibition Date & How to Register. Highlight on your calendars and be ready to participate in the world's largest annual Food & Beverage (F&B) sourcing event! Here you can give…
Good News for Startups: UAE reduced age limit to start a business. There is good news for startups in UAE, the United Arab Emirates (UAE) Ministry of Economy (MoE) has revised the…
Faysal Bank gets Islamic Banking License. The State Bank of Pakistan (SBP) has issued another Islamic banking license to Faysal Bank Limited (FBL). Now it has become the second-largest complete Islamic bank…
Launch of 5G again Delayed in Pakistan. The launch of 5G in Pakistan has once again been delayed. Initially, it was expected to be launched around December this year but was further…
Is Elon Musk Charging for Twitter. Twitter's new Owner, Elon Musk, has dissolved the board of directors for the company, becoming himself “sole director.” of the Twitter Company. It was already expected,…
Latest About Pakistan Industrial Expo 2022. An Industrial Expo 2022 is going to be held at Lahore Expo Center from 15th to 17th October 2022. It will be the sixth edition of…
Major Internet Service Providers Across Pakistan Faced Internet Down Today and internet service remained disable for many hours. This major Internet blackout in Pakistan started around 7 am, Major Internet Service Providers,…
Pak Suzuki Motor Company (PSMC) has decided to discontinue Cultus car. According to media reports, Cultus will be officially discontinued in the upcoming months. According to media Reports, the sales of Cultus…
The National Information Technology Board (NITB), a department of the Ministry of Information Technology and Telecommunications. It has fully implemented an e-filing system in all ministries, ARY News reported on Sunday. The…
In Pakistan now a days everyone wants to know How to earn money from Amazon in Pakistan? here we will explain you ways to earn money from Amazon in Pakistan. Making earning…
Elon Musk agreed a deal to buy Twitter for $44 billion on Monday in a transaction. That will shift control of the social media platform twitter to the world’s richest person. Discussions…
Online money making isn’t difficult at all. “How to make money online without investment in Pakistan?” is a common query on Google. They become in doubt when they see a lot of…
In order to implement the mechanism the FBR issued SRO 383(I)/2022. The FBR amended Sales Tax Rules, 2006 through the instant SRO. The government withdrew sales tax exemption on drugs through Finance…
The FBR has issued 40 notifications to downward revised Property Valuation Rates of Immovable Properties tables here on Thursday. Previously, in December 2021, to revise the rates of fair market value of…
Even after the FBR had already extended the date to file the sales tax returns for the month of January till February 25, 2022. Exporters were still unable to file the returns…
The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has urged the federal government to immediately review its policy to impose a 17 percent General Sales Tax (GST) on raw materials used for medicine production…
Information and Communication Technology (ICT) export remittances, including telecommunication, computer, and information services for the first half (July-December) fiscal year 2021-22 surged to $1.302 billion at a growth rate of 36 percent…
The Federal Board of Revenue (FBR) has changed the definition of the exported goods for claiming duty drawback covering supplies against international tenders or supply to industrial units, projects, institutions, agencies, and…
The Financial Action Task Force (FATF) has sought the list of business persons registered with tax departments using forged CNIC. FBR has acquired some details about such business persons using forged CNICs,…