Dar directs customs officers to double efforts in achieving revenue target

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ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar has directed customs officers to double their efforts to meet collection target for the current fiscal year.

FBR notifies transfers, postings of BS-19-20 IRS officers

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ISLAMABAD: Federal Board of Revenue (FBR) on Friday notified transfers and postings of BS-19-20 officers of Inland Revenue Service (IRS) with immediate effect and until further orders.

SECP extends date to Sept 30 for providing information of shareholders having interest in foreign companies

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ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has extended the deadline to September 30, 2017 for companies for providing information of shareholders having interest in foreign companies.

SBP issue procedure for processing 300,000MT sugar export

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KARACHI: State Bank of Pakistan (SBP) has laid down procedure for banks to process the cases for export of 300,000 metric tons sugar.

Tax directory 2016 shows 13.23pc increase in return filers

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ISLAMABAD: The number of income tax return filers has increased by 13.23 percent in one year, according to directory of all taxpayers issued by Federal Board of Revenue (FBR) on Friday.

Trade deficit widens by 55.46pc in first month of 2017/2018

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ISLAMABAD: Pakistan’s balance of trade started with deficit of $3.2 billion in the first month of 2017/2018, which was higher 55.46 percent when compared with the same month of the last fiscal year, according to data released by Pakistan Bureau of Statistics (PBS) on Thursday.

FBR notifies transfers, postings of BS-17-20 IRS officers

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ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified transfers and postings of Inland Revenue Service (IRS) officers of BS-17 to BS-20 with immediate effect until further orders.

Remittances grow by 16pc in July 2017

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KARACHI: Remittances sent home by overseas Pakistanis have registered 16 percent growth in the first month of current fiscal year. The overseas Pakistani workers remitted $1.541 billion in the first month (July) of 2017/2018 as compared with $1.328 billion received during the same month in the preceding year, State Bank of Pakistan (SBP) said on Thursday.

Manufacturers to collect Rs450,000 from non-filers on sale of above 3,000CC vehicle

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KARACHI: The Federal Board of Revenue (FBR) has said that a non-filers of income tax return is required to pay up to Rs450,000 as withholding tax on purchase of motor vehicle.

SBP facilitates in claiming payment for defaced prize bonds

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KARACHI: State Bank of Pakistan (SBP) on has facilitated the general public to claim payment of face value of mutilated or defaced prize bonds.