FBR updates, income tax, budgets and markets for Pakistan
52 articles
Hackers have stolen more than Rs. 5.8 million cash from an ATM of a branch of the National Bank of Pakistan (NBP) located in Pindi Bhattian, a city of Punjab’s Hafizabad district.…
Naya Pakistan Certificates (NPCs) are USD, PKR, Euro and British Pound-denominated sovereign instruments issued by the Government of Pakistan. NPCs offer attractive risk-adjusted returns over different maturities. They are available in both…
The International Monetary Fund (IMF) has placed a condition on Pakistan to close all the bank accounts maintained by public sector entities and the defence ministry in commercial banks. The money should…
FBR has completed actions on DNFBPs in the FATF action plan in just one reporting cycle and one year ahead of the deadlines in September 2022. The FATF plenary in its public…
In its recently held hybrid Plenary meeting, the Financial Action Task Force (FATF) has decided to keep Pakistan on the grey list. Pakistan will remain on the grey list till it addresses…
The Federal Board of Revenue (FBR) has categorically rejected that dollars are being smuggled from Pakistan across the Pakistan-Afghanistan border. A press release issued by FBR on Friday states: “FBR has categorically…
After formal authorization from Pakistan Telecom Authority (PTA), Inovi Telecom has exported 5,500 units of 4G smartphones carrying "manufactured in Pakistan" tag to the United Arab Emirates (UAE). "PTA congratulates the company…
The Federal Board of Revenue (FBR) has dismissed 29 officials from civil service on charges of inefficiency and misconduct. These dismissals have been done in the past one year. The officials dismissed…
Recently, Pakistan has been ranked as 'the cheapest country in the world to live in' with a cost of living index (CLI). As per the report on the cost of living index…
The Azad Jammu and Kashmir (AJK) tax system was on Thursday connected with the national tax system of Pakistan. It will provide online services and increase tax collection. Chief Secretary of AJK…
The Federal Board of Revenue (FBR) on Monday informed to Finance Minister Shaukat Tarin that the tax authority is drafting new plans to widen the tax base with the help of National…
The Financial Action Task Force (FATF) has retained to Pakistan on its grey list while admitting that the Pakistan has fully implemented 26 out of 27 points of its Financial action plan.…
Earlier, the SBP allowed the rupee to fall sharply in the interbank market. After finalizing an agreement with the International Monetary Fund (IMF) for a loan program on May 12, 2019. The…
Pakistan became a member of TIR (International Road Transport) Convention in 2017. TIR has 77 contracting parties including China, Afghanistan, Iran, Turkey and all Central Asian Republics (CARs). After becoming member, Pakistan…
Javed Afridi told Khaleej Times, a UAE-based media outlet in an interview. That MG Pakistan is planning to bring a budget car for the middle class of Pakistan. MG3 is a hatchback,…
In a new development, Saudi Arabia has set a travel permit requirement for foreign travelers with the COVID-19 vaccine. However, the new condition has made it difficult for Pakistanis to plan to…
The Construction of Eastbay Expressway is the main project of Gwadar Port through which the entire traffic of gwadar port will flow. The purpose of Eastbay Expressway is to provide primary connectivity…
Prime Minister Imran Khan announced this development on Thursday, and said it will open new opportunities for young men and women and new startups. "A great development as Amazon has finally approved…
Here, Tax deadlines for 2021, Income Tax Due dates or Tax Calendar is given for Individuals, Association of Persons (AOPs) and Company (Corporate Sector) of Pakistan and for World Corporate Income Tax…
The FBR proposed amending the Customs Rules 2001 in a notification issued here on Friday. According to SRO.201 (I) / 2021, "tourist" means "a person not normally resident in Pakistan, who enters…