The customs classification committee of the Federal Board of Revenue (FBR) has declared that the importer of ‘Printed Stainless Steel… Read More
FTO Orders FBR to Probe Illegal Profit-Taking on Booking of Flats, Offices By Summit Bank
Federal Tax Ombudsman (FTO) Thursday directed the Federal Board of Revenue (FBR) to probe the matter of profits earned by… Read More
PTA Rejects Telcos’ Demand for Waiver on Quality of Service Inspections
Pakistan Telecommunication Authority (PTA) has rejected the Cellular Mobile Operators (CMOs)’ demand for a moratorium on quality of services (QoS),… Read More
FTO Orders FBR to Withdraw Un-Warranted Rejection Letter to Taxpayer
While disposing of a complaint, the Tax ombudsman has directed FBR to revisit the condonation order by considering the genuine… Read More
Indian Govt Backed Hacking Group “DoNot” is Targeting Pakistan
Indian state-sponsored hacking group “DoNot” is involved in cyber attacks in Pakistan. According to cabinet division advisory, the “DoNot” group… Read More
Finance Division Calls Out Planning Ministry’s Export Improvement Plan
Finance Division has raised objections over the 5Es Framework for enhancing exports while saying that the exercise focuses on exporting… Read More
FBR to Penalize People For Not Reporting Suspicious Transactions
The Federal Board of Revenue (FBR) will impose sanctions including penalties on real estate agents, jewelers, dealers in precious metals/stones,… Read More
Universal Service Fund Rules Amended on SECP Demand
Obstacles in the way of appointment of board members of Universal Service Fund (USF), a subsidiary of the Ministry of… Read More
Sindh High Court Stops JS Group from Acquiring BankIslami
Sindh High Court has stopped JS Group from acquiring majority shares of BankIslami till the next hearing. The AKD Investment… Read More
Islamic Institutions to Offer Financial Services in Pakistan
An Islamic financial institution may offer Islamic financial services in the financial services market, sources told ProPakistani on Monday. Officials… Read More
NEPRA Approves Rs. 3.82 Per Unit Surcharge on Electricity on IMF Demand
The National Electric Power Regulatory Authority (NEPRA) on Monday approved the government’s decision to levy Rs. 3.82 per unit surcharge… Read More
NCCPL Launches Mobile App for Investor Verification
The National Clearing Company of Pakistan (NCCPL) has introduced a new mobile application, “NCC BioVerify,” to facilitate instant biometric verification.… Read More
