Tuesday, October 19, 2021

NTN

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...

Assets, Tax Amnesty Scheme meant for squeezing more revenue

Majority of the people think that tax amnesty scheme in the offing is more designed to squeeze revenue while the newly appointed expat adviser on finance has desired that the tax amnesty scheme should be people-friendly, help document the...

FBR to issue promissory notes against STR claims in April

The Federal Board of Revenue (FBR) will issue the promissory notes to exporters against their sales tax refund claims in April, 2019, Chairman FBR Jahanzaib Khan Abbasi said on Saturday. Finance Minister Asad Umar while presenting the Second Supplementary Finance...

SECP registers 1,317 new companies in January

In January, the Securities and Exchange Commission of Pakistan (SECP) registered 1,317 new companies. As compared to the corresponding month of last financial year, it represents a growth of 9 percent, raising the number of registered companies to over 95,000. The...

Mini Budget renamed as ‘Economic Reform Package’ to announce on Jan 23

Federal government after the criticism from various corners has decided to rename the pressure builder mini budget as “Economic Reform Package”, Source confirmed. The ingredients of the half a budget would be the same as prepared. On the advice...
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PTCL group cements its market standing: increase of 7% revenue

The country’s leading telecom and ICT services provider, Pakistan Telecommunication Company Limited (PTCL), posted a significant 7.3%growth in its...
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