Update Business Bank Accounts to avoid Penalty after due date
In order to promote documentation and to streamline action, the concept of business bank account has…
Pakistan’s current account ends FY21 in deficit
Pakistan’s current account balance reached at a deficit of $1.85 billion in fiscal year 2020-21.
European Central Bank inches closer to 'digital euro'
The European Central Bank (ECB) moved closer to a “digital euro” with the launch of a pilot…
FBR and NADRA Drafted Plans to start national level exercise to Broaden the Tax Base
The Federal Board of Revenue (FBR) on Monday informed to Finance Minister Shaukat Tarin that the tax…
Value of Diyat in Pakistan for Financial Year 2021-2022
The federal government declared an amount of Rs. 4.261 million as compensation (diyat) for the…
Govt launching Kamyab Pakistan program for small business loans
The government has decided to launch the “Kamyab Pakistan” program on July 29. It is an…
FBR Explains Changes in Minimum Turnover Tax
The minimum turnover tax of 0.75 percent would be applicable on the oil marketing companies, Sui…
FBR uploads Income Tax Return Forms for Tax Year 2021
Federal Board of Revenue (FBR) has uploaded the Income Tax Return Forms for Tax Year-2021. Separate…
Auto Financing by banks hit an all-time high
Auto financing by banks hit an all-time high of Rs297.5 billion in Pakistan. As consumers’ hunger…
Tax benefit extended to cars up to 1,000cc
Finance Minister Shaukat Tarin has said the government will now extend the tax relief earlier to…
