Non-filer of tax return not to qualify for Sharia advisory: SECP


ISLAMABAD: A non-filer of income tax return will not be eligible to become a Sharia advisor or a director or a partner of a Sharia advisor.

Only half of large organizations’ employees filing returns: FBR


ISLAMABAD: Federal Board of Revenue (FBR) has said that only half of the employees of large organizations are filing income tax returns.

Current account deficit widens by 102pc in two months


KARACHI: The current account deficit has widened by 102 percent to $2.6 billion during first two months of current fiscal year.

FPCCI concerned over taxpayers’ data security


KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has express concerns over access of private information of taxpayers to unscrupulous persons.

FBR to set up CPEC Directorate in Gilgit-Baltistan


ISLAMABAD: Federal Board of Revenue (FBR) has started work on establishing Directorate of China Pakistan Economic Corridor (CPEC) Transit Trade in Gilgit-Baltistan to enhance trade facilitation.

Confiscated vehicles to be auctioned at Gaddani on Sept 23


KARACHI: Pakistan Customs has announced auction of confiscated vehicles lying at Gadani scheduled for September 23, 2017.

FBR issues draft return for companies


ISLAMABAD: Federal Board of Revenue (FBR) on Monday issued draft income tax return for companies to be filed for tax year 2017.

Pakistan, UK agree to boost tax reforms


ISLAMABAD: Pakistan and United Kingdom (UK) on Monday agreed to work together and share information and experiences to boost tax reforms and promote economic development in Pakistan.

Chinese bank granted approval to start operation


KARACHI: State Bank of Pakistan (SBP) on Monday allowed commencement of banking business to the Bank of China Limited. Earlier, SBP had issued a banking license to the bank in the month of May 2017.

Customs I&I Peshawar to auction confiscated vehicles on Sept 20


ISLAMABAD: Directorate of Intelligence and Investigation (Customs), Peshawar has announced auction of confiscated vehicles to be held on September 20, 2017 at State Warehouse of the Directorate of I&I-Federal Board of Revenue (FBR), Peshawar.