KARACHI: Pakistan’s current account deficit (CAD) has widened by over 92 percent to $3.58 billion during first half of current fiscal year as compared with the deficit of $1.86 billion in the corresponding half of the last fiscal year, according to Balance of Payment (BoP) issued by State Bank of Pakistan (SBP) on Wednesday.
ISLAMABAD: The government is remained indecisive on appointing new chairman of Federal Board of Revenue (FBR) as Nisar Muhammad Khan BS-22 officer retired on Wednesday leaving the post vacant.
KARACHI: National Clearing Company of Pakistan Limited (NCCPL) has announced that it will collect capital gain tax on January 25 for the month of December 2016.
ISLAMABAD: State Bank of Pakistan (SBP) has been directed to repay a loan of $500 million to the Chinese State Administration of Foreign Exchange (SAFE) upon its maturity on January 23, 2017.
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday restored performance allowance of 20 Customs officials (BS-16) on submission of their asset declaration.
FBR imposes major penalty ‘removal from service’ on Customs superintendent for corruption, misconduct
ISLAMABAD: Federal Board of Revenue (FBR) has imposed major penalty of removal from service upon a superintended of Pakistan Customs Service (PCS) on the charges of corruption and misconduct.
ISLAMABAD: The government is set to finalize new chairman of Federal Board of Revenue (FBR) today (January 17) as Nisar Muhammad Khan, the outgoing chairman is retiring on January 18.
ISLAMABAD: Finance Minister Mohammad Ishaq Dar on Monday said that the government is charging zero percent sales tax on kerosene and light diesel oil in order to provide relief to poor consumers.
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) on Monday announced that its company registration offices (CROs) will remain open on Saturdays from 9:00 AM to 1:00 PM from February 01, 2017 onwards.
ISLAMABAD: Nisar Muhammad Khan, Chairman, Federal Board of Revenue (FBR) has said that the integration of Stock Exchanges into Pakistan Stock Exchange was a landmark achievement of SECP and so was the Companies’ Bill 2016.