Markets
OGRA Announces Increase in LPG Prices
OGRA Announces Increase in LPG Prices. The Oil and Gas Regulatory Authority (OGRA) on Friday increased the prices of liquified petroleum gas (LPG) for the month of July. The authority announced an…
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Petrol Price
Petrol Prices Pakistan Increased Again
Petrol Prices Pakistan Increased Again: Government of Pakistan has again taken tough decision to raise the prices of all petroleum products. In this regard, a statement issued by the Ministry of Finance,…
Blog
Eid Ul Adha Holidays in Pakistan 2022
Eid Ul Adha Holidays in Pakistan 2022 - Eid Adha dates and calendar. This year in 2022, Eid Ul Adha, that is Eid ul-Azha, or Id-ul-Zuha Pakistanis will celebrate on Sunday, 10…
Updates
Tax Offices, State Bank and National Bank Timings on 30 and 29 June
Tax Offices, State Bank and National Bank Timings on 30 and 29 June: Pakistan tax offices have been directed to follow extended office hours on the last two days of the current…
Budget
National Assembly Passes Finance Bill 2022
The National Assembly on Wednesday approved Finance Bill 2022 with a majority vote. Budget prepared in accordance with the demands of the International Monetary Fund (IMF). Further, NA Speaker Raja Pervaiz Ashraf…
Petrol Price
Petrol Price in Pakistan Likely to Increase from July
The Petrol Prices in Pakistan are likely to increase from start of July. Government plans to charge petroleum levy on POL products with effect from 1st July 2022 in order to reinstate…
Blog
Form 1 of Partnership Act 1932
Form 1 of Partnership Act 1932 is an important document for applying for the registration of Partnership Firm in Pakistan. Business Registration Portal
Finance
1st July Bank Holiday in Pakistan
This is a holiday only for banks and bank employees. It is not a public holiday for the general population and businesses. Banks generally follow normal opening hours on 1st July bank…
Markets
Cellular Mobile Companies Increased Rates of Call and Data Packages
Cellular mobile companies have once again increased the rates of call and data packages (Internet Packages) due to massive inflation in the country. Pakistan Telecom Mobile Limited (Ufone), Jazz and Telenor have…
Business
Suzuki Cultus Car to Discontinue in Pakistan
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…
Updates
Draft Income Tax Returns Forms for Salaried, AOPs, and Companies Tax Year 2022
The Federal Board of Revenue (FBR) on Tuesday issued draft income tax return forms for tax year 2022. The FBR issued SRO 820(I)/2022 to notify the draft income tax return forms. The…
Gold Rates in Pakistan Today
Gold Rates in Pakistan Today | June 27 2022
Gold Rates in Pakistan Today | June 27 2022: The price of a single tola of 24-karat gold in Pakistan is Rs 142,600 on Monday. The price of 10 grams of 24k…
Pakistan Budget Updates
Bad News for Pakistan Salaried Class | Income Tax Rates 2022-23
A bad news for salaried class in the shape of considerable high Revised Salary Income Tax Rates 2022-23 in the amended Finance Bill 2022. This change will be experienced by salaried class…
Pakistan Budget Updates
Revised Salary Income Tax Rates 2022-23 | Budget Proposals
A bad news for salaried class in the shape of considerable high Revised Salary Income Tax Rates 2022-23 in the amended Finance Bill 2022. This change will be experienced by salaried class…
Budget
Pakistan Super Tax | Govt Charged 10% Super Tax on 13 Sectors
Here on Friday, PM Shehbaz Sharif announced to impose a 10% super tax on 13 large scale industries. While addressing the nation, the PM said that the government has taken these “tough…
World Taxes
Biggest Tax Evasion Cases in UK
We have given here a list of the UK’s biggest and top tax evasion cases here. Dominic Chappell, a UK top businessman who bought a UK based retailer BHS from Philip Green…
Finance
Biggest Bank Fraud Ever
Central Bureau of Investigation (CBI) in India has filed a bank fraud case against DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan for defrauding a consortium of 17 banks led by Union Bank…
Pakistan Budget Updates
Definition of Beneficial Owners | Budget Proposals 2022-2023
The bill has proposed to introduce the definition of beneficial owner in budget for the financial year 2022-2023. Every company and Association of Persons (AOP) is proposed to electronically submit details of…
Blog
75 Rupees Note in Pakistan on 75th Anniversary of Country
The State Bank of Pakistan (SBP) plans to issue commemorative banknotes of Rupees 75 to mark the 75th Independence Day of Pakistan. According to ProPakistani.pk, the Cabinet has approved the design of…
Blog
Sales Tax Invoice Format Excel Free Download
Sales Tax invoice issues for taxable supply of goods & services. Sales Tax invoice consists details like description of Goods Supplied, quantity, Rate of Goods, value of goods/service, Sales tax Rate charged…