The major papers in Pakistan reported today that the Federal Board of Revenue (FBR) has unearthed a whopping Rs. 60… Read More
Govt to Withdraw Income Tax Exemption on IT and IT-Enabled Services
The government has decided to withdraw income tax exemption available to IT services and IT-enabled services through the Income Tax… Read More
SECP Bars People From Performing Reinsurance Broking Unless Registered With The Commission
The Securities and Exchange Commission of Pakistan (SECP) has ruled that no person shall act or perform the functions of… Read More
Meeting Reviews Steps Taken to Enhance Agricultural Loans
Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired a meeting on Agriculture Transformation Plan at the Finance… Read More
NTC Initiates Multiple Inquiries on Various Tariffs, Duties and Taxes
The National Tariff Commission (NTC) has initiated several inquiries on the request of three domestic sectors/industries for rationalization of tariffs… Read More
Contract Signed Between FBR and AJCL Consortium For Track and Trace System
A Contract has been signed between Federal Board of Revenue (FBR) and AJCL along with its lead partner Authentix Inc.… Read More
FBR Allows Tourists to Import Vehicles Without Duties for 6 Months
The Federal Board of Revenue (FBR) has changed the definition of ‘tourists’ for allowing temporary import of vehicles by tourists… Read More
SECP Allows Listed Companies to Hold General Meetings Electronically
The Securities and Exchange Commission of Pakistan (SECP) has given listed companies an option to hold general meetings via electronic… Read More
FBR Introduces New Procedure for Monitoring of Goods through Border Customs Stations
The Federal Board of Revenue (FBR) has directed the Directorate of Transit Trade, Customs officials, Frontier Constabulary (FC), and the… Read More
Pakistan and Hungary to Exchange Information About Taxpayers
The tax authorities of Pakistan and Hungary are now be bound to exchange information about their taxpayers under the revised… Read More
Shell Pakistan Reports a Loss of Rs. 4.82 Billion in 2020
Shell Pakistan Limited has announced financial results for the year ended December 31st, 2020. The company posted a loss after tax… Read More
Pakistan Customs Increases Taxes on Import of Used Computers and Laptops
Directorate General of Customs Valuation Karachi has fixed customs values of old and used computer systems, laptops, printers, and their… Read More
