Securities brokers proposed to file monthly statement of capital balance

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ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has notified draft amendments to Securities Brokers (Licensing and Operations) Regulations, 2016 and proposed that securities broker or future broker shall file monthly statement of net capital balance.

FBR starts hiring for transit trade management

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ISLAMABAD: Federal Board of Revenue (FBR) has started hiring of professionals / staff for project based vacancies in the Project Management Unit (PMU) of Integrated Transit Trade Management System (ITTMS).

Withholding tax statement filing date extended up to Nov 22

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ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for filing monthly withholding tax up to November 22, 2017.

Pakistan Customs, DRAP stop illegal trafficking of spurious drugs

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ISLAMABAD: Drug Regulatory Authority of Pakistan (DRAP) and Pakistan Customs have stopped the illicit trafficking of a purported spurious controlled drugs.

FBR to find new taxpayers in major cities under BTB strategy

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ISLAMABAD: The government has decided to take action against non-filers of income tax returns in major cities of the country in order to increase compliance rate.

SECP proposes NTN, ATL for participating in public offering

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ISLAMABAD: Securities and Exchange Commission (SECP) has issued draft amendments for public offering and proposed requirement of NTN and appearance on Active Taxpayers List (ATL) for an investor for subscription of shares in book building process.

SECP approves Shariah advisors regulations

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ISLAMBAD: In order to enhance the credibility of Islamic financial services sector, the Securities and Exchange Commission of Pakistan (SECP) has approved the Shariah Advisors Regulations, 2017.

FBR extends date for filing return, wealth statement up to Nov 30

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ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for filing annual income tax returns up to November 30 from November 15, 2017 for salary persons and business individuals.

Foreign direct investment increases by 74.4pc in four months

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KARACHI: The foreign direct investment (FDI) into Pakistan has increased by 74.4 percent to $940 million during first four months (July – October) of current fiscal year as compared with $538.7 million in the same period of the last fiscal year, State Bank of Pakistan (SBP) said on Wednesday.

FBR may extend last date for filing return considering taxpayers difficulties

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ISLAMABAD: Federal Board of Revenue (FBR) may extend the last date for filing income returns tax year 2017 considering difficulties faced by taxpayers due to slowdown in IRIS system.