Pakistan’s headline inflation, measured through the Consumer Price Index (CPI), eased significantly to 4.9% year-on-year in November 2024, reflecting improved economic Read More...
The Federal Board of Revenue (FBR) has added approximately 0.3 million taxpayers to its Active Taxpayers List (ATL) for the tax year 2024 during November. The updated list now reflects 5.64 million active taxpayers as of December 1, 2024, based on income tax returns filed up to that Read More...
The Federal Board of Revenue (FBR) has introduced significant amendments to the rules governing the temporary import of vehicles by tourists into Pakistan. These changes, formalized through SRO 1965(I)/2024 on November 27, 2024, modify Rule 77 of the Customs Rules, 2001, with stricter conditions Read More...
The Pakistan Stock Exchange (PSX) achieved another historic milestone as the KSE-100 index surged to a record high of 102,664.34 points, marking an increase of 1,307.02 points, or 1.29%, during today's intra-day Read More...
The price of gold in Pakistan fell by Rs1,700 per tola on Monday, following a decrease in international gold rates.
The decline was attributed to a drop of $17 in the price of gold per ounce in the global bullion market, which is now trading at $2,633 per ounce.
In Read More...
The Federal Tax Ombudsman (FTO) has instructed the Federal Board of Revenue (FBR) to direct Member-IR (Operations) to create a Standard Operating Procedure (SOP) to help non-filers reactivate their blocked mobile phone SIMs.
According to an order issued by the FTO on Monday, FBR’s Chairman Read More...
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The Federal Board of Revenue (FBR) has refined the roles of the Directorate General of Intelligence and Investigation (Customs) and the newly established Directorate General of Enforcement (Customs) to remove overlapping duties.
On Sunday, the FBR addressed recent media claims suggesting a Read More...
SRB proposes to imposed the Sales Tax on Services on Cab-Aggregator Services (e.g. Uber, Careem or Indrive) and ask for the proposal from All Chambers/Associations/Tax Read More...
ISLAMABAD: The Anti-Benami Adjudicating Authority has become dysfunctional and cannot adjudicate/finalise references of billions filed by the Anti-Benami Zones across Pakistan.
Sources told Business Recorder that the Anti-Benami Adjudicating Read More...
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