Daily Archives: December 5, 2017

FBR to constitute committee for reviewing deferred refund cases


KARACHI: Federal Board of Revenue (FBR) will form a committee to review deferred refund cases for payment. Further the FBR will issue refunds against approved Refund Payment Orders (RPOs) from next week.

FBR launches online verification for notices, orders


ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday launched online verification of notices and orders in order to facilitate taxpayers to check the authenticity of notices issued by tax departments.

Headline inflation increases by 4 percent in November 2017


ISLAMABAD: The headline inflation i.e. Consumer Price Index (CPI) has increased by 4 percent on year on year (YoY) basis in November 2017 as compared to an increase of 3.8 percent in the previous month and 3.8 percent in November 2016, said Pakistan Bureau of Statistics (PBS) on Tuesday.

SBP expresses concerns over banking customers’ data leakage, money losses


KARACHI: State Bank of Pakistan (SBP) has expressed concerns that details of banking customers have been compromised by hackers through skimming and loss of money.