Pakistan and 28 countries can legally exchange tax-related information to control the base erosion and profit shifting by the multinational… Read More
PSX Loses Over 1,600 Points During Intraday Trading [Updated]
Bears took control of the Pakistan Stock Exchange as the benchmark index, KSE-100, lost over 1,600 points during intra-day trading… Read More
National Telecom & IT Security Board Warns FBR of Possible Cyber Attack
National Telecom and Information Technology Security Board (NTISB) has warned the Federal Board of Revenue (FBR) that government job advertisement-related… Read More
Toyota IMC Posts a Massive 82% Increase in Profits in 9 Months of FY22
Toyota Indus Motor Company (IMC) has announced its financial results for the nine months ended on March 31, 2022 (FY22).… Read More
HBL Q1 2022 Profit Rises to Rs. 8.6 Billion Driven by Strong Business Volumes
HBL today declared a consolidated profit after tax of Rs. 8.6 billion for the first quarter of 2022, higher than… Read More
IMF Forecasts Pakistan’s Growth Rate at 4%
The International Monetary Fund (IMF) has projected Pakistan’s GDP growth rate at 4 percent for 2022 against 5.6 percent in… Read More
Pakistan and IMF Agree to Resume Talks Tomorrow
Pakistan and International Monetary Fund (IMF) have agreed to resume talks under the $6 billion Extended Fund Facility (EFF) program.… Read More
Payments Received by POF Board Not Liable to Collection or Deduction of Advance Tax: ATIR
The Appellate Tribunal Inland Revenue (ATIR), Islamabad declared that the Pakistan Ordinance Factories (POF) Board is the department of the… Read More
New PM Announces Increments in Salaries and Pensions
The newly elected Prime Minister Shehbaz Sharif in his first order of business has announced to raise the minimum wage… Read More
FBR Moves to Recover Rs. 5.7 Billion in Unpaid Taxes from Jazz
The Federal Board of Revenue (FBR) has attached Pakistan Mobile Communications Limited Jazz bank accounts for committing income tax default… Read More
FBR Unable to Exercise New Tax Laws in the Absence of Federal Govt
The Federal Board of Revenue (FBR) presently cannot issue any notification or statutory regulatory order (SRO) to revise tax rates,… Read More
Biggest Ever Hack at Finance Ministry Reveals State Secrets
The official data of the Finance Ministry of Pakistan has been leaked in what appears to be the biggest cyber… Read More
