Daily Archives: November 2, 2017

FBR avoids audits of 640,000 taxpayers by extending return filing date

ISLAMABAD: Federal Board of Revenue (FBR) has avoided conducting around 640,000 audit cases by extending last date for filing income tax return for further...

Business community condemns businessman’s detention in sales tax refund scam

KARACHI: Business community has strongly condemned the arrest of a businessman by National Accountability Bureau (NAB) in sales tax refund scam. The leadership of Businessmen...

Prime Minister directs creating real-time linkages of FBR with banks, other organizations

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday directed authorities to expedite the process of creating real-time linkages of Federal Board of Revenue (FBR)...

ECC exempts application of Section 7B on profits on Bahbood Saving Certificates, Pensioners Benefit...

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday granted exemption the provisions of Section 7B of the Income Tax Ordinance 2001...

Headline inflation increases by 3.8pc in Oct 2017

ISLAMABAD: The headline inflation or Consumer Price Index (CPI) has increased by 3.8 percent on year-on-year basis in October 2017 as compared to an...

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