FBR updates, income tax, budgets and markets for Pakistan
73 articles
The proposed Auto Industry Development and Export Policy (AIDEP) aims to increase the auto industry sector in Pakistan by increasing production of cars, motorcycles, tractors etc, Finance Minister Shaukat Tarin revealed. He…
The Federal Board of Revenue (FBR) released draft rules for new Export Facilitation Scheme 2021. FBR also called for comments on this new export scheme from industry, exporters and other stakeholders. The…
The federal cabinet has amended the procurement rules to allow the government to award contracts to the state-owned enterprises without floating public tenders, which may compromise transparency in public sector deals. The…
According to data released by the All Pakistan Cement Manufacturers Association (APCMA), local cement in May 2021 rose to 3.2 million tons against 2.27 million tons in May 2020, showing a healthy…
Javed Afridi told Khaleej Times, a UAE-based media outlet in an interview. That MG Pakistan is planning to bring a budget car for the middle class of Pakistan. MG3 is a hatchback,…
In a new development, Saudi Arabia has set a travel permit requirement for foreign travelers with the COVID-19 vaccine. However, the new condition has made it difficult for Pakistanis to plan to…
Prime Minister Imran Khan announced this development on Thursday, and said it will open new opportunities for young men and women and new startups. "A great development as Amazon has finally approved…
Freeze Bank accounts include total of 36 accounts at nine different banks. Out of the frozen bank accounts, Jahangir Khan owns 14, his son 21 and his wife one bank account. Bank…
Securities and Exchange Commission of Pakistan (SECP) allows to business startups to increase capital. The decision was taken for the support of businesses especially startups and small business units. The Securities and…
According to media reports, a meeting of the Federal Cabinet was held under the chairmanship of Prime Minister Imran Khan in which the Prime Minister was present through video link. The meeting…
While addressing a press conference at the 'Press Information Department (PID)' today Mr Hammad Azhar said, "Pakistan will also open the trade of cotton with India." Hammad Azhar also explained that this…
The eligible candidates candidates can apply for the Kamyab Kawan loan by visiting website at www.kamyabjawan.gov.pk/BankForm/newApplicantForm. All the eligible candidates including Men / Women or Transgender can apply to run their own…
The Federal Board of Revenue and the Punjab Information Technology Board have taken a very important step to promote the business and facilitate the taxpayers by introducing the one window facility under…
According to a notice sent to the Pakistan Stock Exchange on Friday, the car maker had made a profit of Rs 985.8 million in the same period last year. Earnings per share…
"This is the first time in Pakistan's history that more than 15 new cars have been launched across the country in a single year," said Arsalan Hanif, an analyst at Arif Habib…
A meeting was held between the Chinese Consul General to Pakistan and Chairman Pakistan Gems and Jewellery Development Company (PGJDC) in the port city on Monday to discuss the possibilities of collaboration…
This growth attributed to the increase in exports of telecommunications, computers and information services. IT ministry claimed that it has achieved the highest ever growth rate for IT exports. He also clarified…
"I am pleased to announce that Rs 213 million has been sanctioned for DLTL payments in the non-textile sector," Abdul Razzaq Dawood, Advisor to the Prime Minister on Trade and Investment, said…
"Lockdown has led to a significant increase not only in the number of subscribers but also in the use of telecom services as a result of increased demand for telecom services. The…
WhatsApp is delaying updating its privacy policy after widespread confusion over what data it shares with its parent company, Facebook. Last month, WhatsApp began notifying users of its updated terms and privacy…