The Federal Board of Revenue (FBR) has notified September 1, 2021, as the effective date for applicability of the 2%… Read More
Cement Sales Decline by 19.41% in July 2021
Pakistan’s cement sector posted a negative growth of 19.41 percent in July 2021 due to heavy rains in most parts… Read More
FBR Issues Clarification on Propaganda About New Tax On Medicines
The Federal Board of Revenue (FBR) has clarified that no new tax has been imposed on medicines. A clarification issued… Read More
FBR to Disallow 60% Input Tax Credit to Retailers Who Fail to Install POS
The Federal Board of Revenue (FBR) has issued a list of 6763 retailers (Tier-1), which are not integrated with the… Read More
FBR Orders Manufacturers to Get Brand Registration Certificates to Sell Their Products
The Federal Board of Revenue (FBR) has directed manufacturers of Tobacco, Sugar, Fertilizer, Cement, and Beverages to obtain “Brand Registration… Read More
FBR Approves 20% Sales to be Duty Free for Exporters
The Federal Board of Revenue (FBR) has allowed exporters to make domestic sales up to 20 percent of the goods… Read More
Minister Finances Explains the Salient Features of Auto Industry Development and Export Policy
The federal Minister for Finance and Revenue, Shaukat Tarin, presided over a meeting to review a draft Auto Industry Development… Read More
Engro Fertilizers Reports a Huge Increase in Profits
Engro Fertilizers Limited has announced its financial results for the half-year that ended on 30 June 2021. According to the… Read More
HBL Becomes the First Bank To Attract Rs. 3 Trillion Deposits in Pakistan
Habib Bank Limited has become the first bank to attract deposits worth Rs. 3 trillion in the banking industry of… Read More
Foreign Investors Are Confident About Pakistan’s Security Environment: OICCI Survey
The Overseas Investors Chamber of Commerce and Industry (OICCI), which is the collective body of the top 200 foreign investors… Read More
Fauji Foods Posts 50% Drop in Losses In Q2 2021
Fauji Foods Limited (FFL), the company behind Nurpur milk, has announced its financial results for the second quarter (Q2-2021). Fauji… Read More
Pakistan Mobile Phone Manufacturers Association Demands Removal of Major Tax Anomaly
Pakistan Mobile Phone Manufacturers Association has approached Finance Minister Shaukat Tarin for the immediate removal of a major tax anomaly… Read More
