The federal cabinet has been informed by the Ministry of Finance (MoF) that the present government is spending around $10… Read More
FBR Will Now Monitor Jewellers, Real Estate Agents & Accountants
The Federal Board of Revenue (FBR) has decided to regulate and monitor business activities of the jewelers, accountants, and real… Read More
FBR Launches Tax Returns for Small Retailers in Regional Languages
In line with the vision of the Prime Minister and directions of Advisor to PM on Finance and Revenue, the… Read More
FBR Might Offer A Golden Hand Shake Scheme to Employees in 2021
FBR officials denied any such proposal!… Read More
Govt Plans to Build Underground Gas Storages
Due to an increasing gas deficit, the government is looking to build underground gas storage in order to bridge the… Read More
OGDC Profits Decrease 15.5% to Rs. 100 billion
The company reported a decrease of 11 percent in oil production and 10 percent in gas production, while attributing the… Read More
Murree Brewery’s Profits Drop by 45% for FY2020
Pakistan’s most prominent manufacturer of alcoholic products and one of the oldest public listed companies, Murree Brewery, has announced its… Read More
Nothing New in The Import & Export Policy Order 2020: MOC
Ministry of Commerce has consolidated all amendments made in the Import Policy Order 2016 and Export Policy Order 2016 since… Read More
SNGP Receives Rs. 32 Billion to Clear Outstanding Dues
Sui Northern Gas Pipelines (SNPL) has received Rs. 32 billion from Energy Sukuk-II issued by the government to raise Rs.… Read More
End of FTR: Tax Payers To Get Shocks When Filing Returns This Year
A large number of categories of taxpayers including contractors, commercial importers, commercial suppliers of goods, contractors, commission agents, publishers, suppliers… Read More
Circular Debt in Gas Sector Reaches a New High
The circular debt has ballooned to Rs. 250 billion in the gas sector alone. The Petroleum Minister, Omar Ayub, said… Read More
Byco Petroleum’s Losses Grew by 44% in FY2020
Byco Petroleum Pakistan announced its financial results for the year that ended on June 30, 2020, showing a loss of… Read More
