The Securities and Exchange Commission of Pakistan has decided to conduct an inspection of the books of account of the… Read More
Flour Mills Announce 2 Day Nationwide Strike
Pakistan Flour Mills Association has announced a two-day strike from tomorrow against proposing a hike in income tax on turnover… Read More
Customs Warehouse Owners Need to Declare Bank Statements: FBR
The Federal Board of Revenue (FBR) will make it mandatory for any person or firm desirous of operating a customs… Read More
Senate Panel Recommends Suspension of EDF for 3 Years
The Senate Standing Committee on Finance has recommended the suspension of the Export Development Fund (EDF) for a period of… Read More
FMU Karachi Orders to Follow Red Flag Indicators for Reporting Suspicious Transactions
The Financial Monitoring Unit (FMU) Karachi has directed real estate agents, including housing authorities, builders, real estate developers, and property… Read More
5 Major Banks Wrote Off Rs. 1.24 Billion in 2018
Five major banks wrote off Rs. 1.24 billion amount in thirty-nine cases during the year 2018. Sources told Propakistani that… Read More
Banks Demand Govt to Withdraw Super Tax
Pakistan Banks’ Association (PBA) on Tuesday asked Finance Minister Shaukat Tarin to amend the Finance Bill 2021 to withdraw 4… Read More
PTA Removes Nearly 10 Million Videos from TikTok, Blocks 720,000 Accounts
The Pakistan Telecommunication Authority (PTA) has removed 9.8 million videos on TikTok having immoral content besides also blocking 720,000 accounts… Read More
Tax Notices Worth Rs. 1.5 Trillion Issued by FBR in Only Six Weeks
Senate Standing Committee on Finance has shown displeasure over the treatment of the Federal Board of Revenue (FBR) and National… Read More
Govt to Take Special Measures to Generate Rs. 120 Billion Tax Revenue
The government has decided to take three alternate taxation measures to generate an additional amount of Rs. 120 billion through… Read More
Govt Decides to Withdraw Proposed Increase in Sales Tax on Dairy Products
The government has decided to withdraw a major budget proposal to increase the sales tax on dairy products from 10… Read More
Finance Division Agrees to Grant Disparity Reduction Allowance to 14 Federal Universities
The Finance division has agreed to grant a 25 percent disparity reduction allowance to the employees of forteen Federal public… Read More
