National Assembly Issued Orders of the Day for Budget Date & Time
The federal government has decided to present the next budget for Financial Year 2021-2022 on June…
Lahore High Court dismisses plea against ban on Rs 7,500 prize bond
The Lahore High Court (LHC) on Tuesday dismissed a petition filled, where challenging ban by the…
FBR Reduces Sales Tax Rate on Petroleum Products
The Federal Board of Revenue (FBR) reduces sales tax rate from 17 percent to 15.44 percent on…
Withdrawal of customs duty on import of cotton yarn S.R.O533(I)/2021
Federal Board of Revenue (FBR) vide S.R.O. No. 533(I)/2021 dated: 5th May, 2021. In exercise of the…
Revised Profit Rates on National Savings Schemes effective from 7th May 2021
According to a notification issued by the finance ministry, the new profit rates that will effective…
Withdrawal Of 15,000 & 7,500 Denomination National Prize Bonds From Circulation
Finance Division (Budget Wing), Government of Pakistan issued Notifications No. F.16(1)BS /2021-750…
FATF's condition fulfilled, 15000 and 7500 Prize Bonds to be abolished
Another condition of the Financial Action Task Force (FATF) has been met. The government decided to…
FBR Appointed Asim Ahmad as New Chairman FBR
Federal Board of Revenue (FBR) has appointed to Mr Asim Ahmad as new chairman FBR. He was Member IT…
Government fixes Nisab for Zakat at Rs80,933 for 2021
The federal government of Pakistan has fixed Nisab for Zakat deduction on bank accounts for the…
Third Covid wave: FBR directed only 50 percent staff will work from home
The Federal Board of Revenue (FBR) has directed that due to the recent increase in Corona cases in…
