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FBR Property Valuation 2022

FBR Property Valuation 2022

The Federal Board of Revenue (FBR) has extended the deadline for implementing the revised FBR Property valuation rates 2022 of properties in 40 major urban cities by holding its notification in abeyance till January 31,…

MARKETS
About FBR’s Revised Valuation Rates of Immovable Properties

About FBR’s Revised Valuation Rates of Immovable Properties

The buyers and sellers of immovable properties across the country are unsure about the legal status of the applicability of the FBR’s valuation rates of Properties from 16 January 2022. The Federal Board of Revenue…

MARKETS
List of Prize winners of point of sales prize Scheme of FBR draw held on 15th January 2022

List of Prize winners of point of sales prize Scheme of FBR draw held on 15th January 2022

The Federal Board of Revenue has announced a very interesting FBR POS Prize Scheme in which you can win 10,00,000 Rupees every month. FBR Announces prizes for purchasing any item from the Shops/Retailers/ Superstores affiliated…

MARKETS
Which 10 items contribute in most import taxes in Pakistan and how much?

Which 10 items contribute in most import taxes in Pakistan and how much?

The top 10 items which contribute most of import taxes in Pakistan – eight of them related to energy and edible oil – contributed one-third of import taxes, or Rs409 billion, in the first five…

MARKETS
International Oil Prices declined 10$ a barrel, Govt hints at reducing petroleum prices

International Oil Prices declined 10$ a barrel, Govt hints at reducing petroleum prices

The federal government has hinted at reducing petroleum prices in the country after oil prices in the international market witnessed decline on new coronavirus variant concerns. The oil prices plunged $10 a barrel on Friday,…

MARKETS
State Bank held responsible to Banks over exchange rate destabilization

State Bank held responsible to Banks over exchange rate destabilization

The State Bank of Pakistan expressed serious concerns on Thursday over speculation by banks in the currency business, saying they were involved in the multibillion-rupee game. Banking sources said a high-level meeting, chaired by SBP…

MARKETS
Shaukat Tarin assures wealth reconciliation Statement waiver for first time home buyers

Shaukat Tarin assures wealth reconciliation Statement waiver for first time home buyers

Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has assured land developers that the federal government will extend the exemption on wealth reconciliation statement for first-time home buyers beyond Dec 31. Speaking…

MARKETS
New trading system failure at Pakistan Stock Exchange

New trading system failure at Pakistan Stock Exchange

The Pakistan Stock Exchange (PSX) reverted to the previous trading system as a short-term measure to provide uninterrupted services to all brokers. Previously, the Pakistan Stock Exchange (PSX) replaced the 20-year-old Karachi Autom­ated Trading System…

MARKETS
Oil Prices reaches to New Highs in International Markets

Oil Prices reaches to New Highs in International Markets

Oil prices edged up to fresh multi-year highs on Tuesday, supported by a global supply shortage and strong demand in the United States, the world’s biggest consumer. Brent futures rose $0.42, or 0.5%, to $86.41…

MARKETS
NADRA biometric system for Dollar buyers is live now

NADRA biometric system for Dollar buyers is live now

The National Database and Registration Authority has activated the mandatory biometric verification of dollar buyers. It has deployed this filter immediately despite a request by the exchange companies for an extension of the deadline for…

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