The Federal Board of Revenue (FBR) has failed to implement the cashback facility to the customers of big retailers under… Read More
VEON Acquires Dhabi Group’s 15% Shares in Jazz for $273 Million
VEON — the parent group of Jazz — has concluded the acquisition of the 15% minority stake in PMCL, the… Read More
SECP Allows Registered Valuers on PBA’s Panel to Evaluate Assets or Net Worth of Companies
The Securities and Exchange Commission of Pakistan (SECP) has decided to allow valuers listed on the panel of Pakistan Banks… Read More
Azerbaijan Takes Away VAT Refund Facility from Pakistani Embassy
Ministry of Foreign Affairs of Azerbaijan has taken away a major Value Added Tax (VAT) refund facility from the Embassy… Read More
Pak Suzuki Reports Over Rs. 1.5 Billion in Losses Despite Massive Sales Since October
Pak Suzuki Motor Company Limited, which is the largest player in Pakistan’s automobile industry, has announced its financial results for… Read More
SECP Places New Restrictions on Modaraba Companies
The Securities and Exchange Commission of Pakistan (SECP) has placed new restrictions on the Modaraba companies and also imposed new… Read More
SECP Warns Public to be Wary of La Ville De Paris
The Security and Exchange Commission of Pakistan (SECP) has warned the general public about the unlawful investment scheme of ‘La… Read More
FBR Transfers Two Tax Officials to National Financial Action Task Force Coordination Committee
The Federal Board of Revenue (FBR) has transferred two tax officials to the National Financial Action Task Force (FATF) Coordination… Read More
SBP Retains Interest Rate at 7%
The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 7 percent. This was revealed… Read More
FTO Recommends FBR to Take Action Against Sugar Mill Owners Evading Taxes
Federal Tax Ombudsman (FTO) has strongly recommended Federal Board of Revenue (FBR) to implement the ‘Sugar Commission Report’ to take… Read More
Govt To Abolish Advance WHT for Private Parties Managing Trains
The government has decided to withdraw withholding tax collected from the private parties engaged in the management of the trains… Read More
FBR Responds to the Concerns of IT Sector Regarding the Replacement of Income Tax Exemption
The Federal Board of Revenue (FBR) has conveyed to the IT services or IT-enabled services that no tax has been… Read More
