The Federal Board of Revenue (FBR) has extended the date of payment and submission of Sales Tax and Federal Excise… Read More
CCP Slaps Rs. 44 Billion Penalty On 55 Sugar Mills
The CCP has imposed a penalty of Rs. 44 billion (US265million) on 55 sugar mills, including the Pakistan Sugar Mills… Read More
2 Companies Allegedly Involved in Rs. 6 Billion Mega Tax Fraud
Public Accounts Committee (PAC) has referred two mega tax fraud scams involving over Rs. 6 billion to the National Accountability… Read More
FBR Increases Customs Duties of Chinese Mobile Accessories
Directorate General of Customs Valuation Karachi has raised customs values of the accessories of the Chinese-origin mobile phone brands for… Read More
Engro Polymer and Chemical Ltd’s Profits Increase by Over 100 Times in 2nd Quarter
Engro Polymer and Chemicals Limited has announced its consolidated financial results for the second quarter that ended on 30 June… Read More
FBR’s Wing Uncovers Financial Scam Involving Chairman BankIslami
Government authorities claim to have uncovered a financial scam in the banking sector involving the Chairman of BankIslami, Ali Hussain.… Read More
FBR Now Requires Name of The Buyer From Retailers if Invoice is Over Rs. 100,000
The Federal Board of Revenue (FBR) has made it mandatory for the retailers/integrated suppliers of the point of sale (POS)… Read More
Lucky Draw for Customers of Integrated Retailers to be Held in First Week of Every Month
The computerized draw for the prizes of the customers of integrated tier-1 retailers will be held at the Federal Board… Read More
Lucky Cement Ltd Reports 286% Higher Profit After Tax During FY 2021
Lucky Cement Limited has announced its financial results for the year that ended on 30 June 2021. The company reported… Read More
Exclusive: Federal Govt to Replace a Key Person in Economic Ministry
Another shuffle in the economic ministries is expected as the federal government is likely to replace the incumbent Secretary Finance, Yousaf Khan.… Read More
SECP Warns Against Choosing Cloud Service Providers With Data Centers in India & Israel
The Securities and Exchange Commission of Pakistan (SECP) has cautioned that while selecting Cloud Service Providers, all business entities must ensure… Read More
FBR Suspends Sales Tax On Sugar Till November 2021
The Federal Board of Revenue (FBR) has suspended the provision of sales tax collection on sugar from the manufacturers on… Read More
