FBR invites sales tax proposals to eliminate flying invoices, tax fraud

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday invited sales tax proposals to eliminate flying invoices and tax frauds and with focus on broadening...

Rupee gains four paisas on lower import payment demand

KARACHI: The Pak Rupee gained four paisas against dollar on Thursday owing to lower demand for import and corporate payments. The rupee ended Rs154.21 to...

Pakistan’s foreign exchange reserves flat at $18.743 billion

KARACHI: Pakistan’s liquid foreign exchange reserves were flat at $18.743 billion by week ended February 21, 2020, State Bank of Pakistan (SBP) said on...

IMF board decide to handover $450 million to Pakistan in April

KARACHI: The Executive Board of the International Monetary Fund (IMF) will decide disbursement of $450 million in early April 2020, a statement said on...

Rupee ends unchanged against dollar

KARACHI: The Pak Rupee ended unchanged against dollar on Wednesday amid demand for import and corporate payments. The rupee ended Rs154.25 to the dollar, same...

FBR advised to enhance monitoring, enforcement for achieving annual targets

ISLAMABAD: The ministry of finance has advised Federal Board of Revenue (FBR) to enhance monitoring and enforcement in order to achieve annual targets. The finance...

Taxpayers unable to file annual returns as FBR’s website goes offline

KARACHI: Taxpayers are not able to file their annual income tax returns for tax year 2019 as official portal of Federal Board of Revenue...

Pakistan asks IMF to revise FBR’s tax collection target

ISLAMABAD: Pakistan has shared data of import compression with the International Monetary Fund (IMF) and requested to revise the annual tax collection target of...

Oil prices fall by 15% since coronavirus outbreak

KARACHI: The international oil prices have fallen by around 15 percent since the outbreak of deadly coronavirus, analysts at Arif Habib Limited said on...

Rupee falls by four paisas against dollar

KARACHI: The Pak Rupee ended four paisas down against dollar on Tuesday amid demand for import and corporate payments. The rupee ended Rs154.25 to the...

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