Thursday, November 21, 2019

FBR

IMF Staff Concludes Visit to Pakistan

An International Monetary Fund (IMF) mission, led by Ernesto Ramirez Rigo, visited Islamabad and Karachi during September 16–20, 2019 to take stock of economic developments since the start of the Extended Fund Facility (EFF) and discuss progress in the...

Pakistan: Reforms agenda fully on track, no need to renegotiate IMF program

The reforms agenda being pursued by the government with the support of IMF Extended Fund Facility (EFF) is aimed at putting the economy on a sustainable growth trajectory and the progress on nearly all the performance and structural benchmarks during...

Pakistan: 33 big fishes in hot water , FBR seeks detail from SECP

Pakistan has proceeded to apprehend big fishes in the country and recover their illegal wealth as FBR Benami (Zone III), has sought information of 33 companies’ directors and senior executives as they have allegedly acquired benami properties. The FBR Benami...

Withdrawal of zero-rated regime to hit exporters, economy: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said withdrawal of the zero-rated regime will hit...

PM Imran Khan opted for difficult but achievable tax targets: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain lauded the annual budget terming it visionary and reflective of...

Pakistan Budget FY 2019-20: Income Tax measures

Deatails of income tax measures in the budget FY 2019-20; Relief Measures Payment of refunds through promissory notes Huge amounts claimed by taxpayers are stuck up in refunds causing a liquidity crunch for businesses. These refunds have accumulated over a long time....

Pakistan: Govt to slap more taxes in FY 2019-20 budget

Government of Pakistan is set to announce annual budget for the financial year 2019-20 on June 11. Well informed source told "WNObserver" that the Ministry of Finance under the advisory of Dr Hafeez Shaikh has planned to slap heavy...

Annual budget will be followed by some mini-budgets: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain said FBR should be given realistic the target for the...

SECP embarks on digital transformation, launches LEAP

The Chairman, Securities and Exchange Commission of Pakistan (SECP), Farrukh Sabzwari, has said that SECP is embarking on digital transformation, end-to-end process automation and enabling user environment for all its regulatees. The SECP’s project for end-to-end digital transformation and...

PSAA urges FBR to assemble task force on mis-declaration and smuggling

Chairman, Pakistan Ship’s Agents Association (PSAA) and Former Vice President FPCCI Tariq Haleem has urged the Chairman Federal Board of revenue (FBR) Syed Muhammad Shabbar Zaidi to appoint a task force/ J.I.T to address issues of under/over invoicing, mis-declaration...
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Two Australian universities refused to be associated with Prince Andrew

Two Australian universities have cut ties with a charity body founded by Prince Andrew, after he refused to deny his friendship with sex offender...

Australia bush fires: Over 100 schools are closed, 300 homes destroyed

Australia bush fires: More than 100 schools in southeastern Australia are closed on Wednesday and authorities are warning residents in high-risk zones to be...