MARKETSJanuary 22, 2021State Bank of Pakistan maintained the Monetary Policy rate for the next two months By Admin The State Bank of Pakistan (SBP) Monetary Policy Committee on Friday maintained the policy rate at…Read more
UPDATESJanuary 22, 2021FBR extends scope of sales tax on IT Services and IT Enabled Services By Admin The Federal Board of Revenue (FBR) has extended scope “IT Services” and “IT…Read more
BusinessesJanuary 20, 2021Non-textile sector DLTL refunds approved By Admin To facilitate exporters, the Ministry of Commerce has approved Rs. 213 million under the ‘Draw…Read more
TAXATIONJanuary 20, 2021Corporate tax exemptions By Admin Following tax exemptions are available to corporate taxpayers:Profits arrived from the business…Read more
BUDGETJanuary 19, 2021FBR called for income tax proposals for 2021/2022 budget By Admin The Federal Board of Revenue (FBR) called for income tax proposals for the 2021/2022 budget and…Read more
UPDATESJanuary 19, 2021FBR has been asked to be fully digitized by July 2021: PM Says By Admin Prime Minister Imran Khan said that the Federal Board of Revenue (FBR) has been asked to be fully…Read more
UPDATESJanuary 18, 2021Penalties will not be imposed on late filers of income tax returns: FBR By Admin The Federal Board of Revenue (FBR) has decided to not penalize late filers across the board for…Read more
TAXATIONJanuary 16, 2021FBR allowed to registered persons to file non-export refund claims By Admin The Federal Board of Revenue (FBR) has allowed registered persons to file non-export refund claims…Read more
TAXATIONJanuary 16, 2021Criteria for selection & conduct of income tax audit By Admin The Federal Board of Revenue (FBR) has issued a criteria for selection and conduct of income tax…Read more
BusinessesJanuary 15, 2021Law enforcement agencies sealed 609 illegal petrol pumps By Admin Pakistan Customs along with the help of law enforcement agencies sealed around 609 illegal petrol…Read more