OCCI sends letter to Finance Minister Ishaq Dar, opposing tax measures in budget FY 2017-18
Lahore
Overseas Investors Chamber of Commerce and Industry (OCCI) has sent a letter to the Finance Minister Ishaq Dar informing him that the...
Qatar stock market plunges after 4 Middle Eastern states cut diplomatic ties
Qatar’s stock market plunged on Monday after four Middle Eastern states severed ties with Doha, while Saudi Arabian shares rose on hopes...
FBR instructed to enact additional taxes on non-filers
The Senate Standing Committee on Finance has directed the Federal Board of Revenue (FBR) to further enhance taxes on the non-filers to...
FBR investigating gift scheme use for money laundering
The Federal Board of Revenue’s (FBR) Anti-Money Laundering (AML) cell has started probing into money laundering worth Rs102b by a group of...
Dar urges FBR to meet tax collection target for current fiscal year
ISLAMABAD
Finance Minister Mohammad Ishaq Dar on Friday urged the Federal Board of Revenue (FBR) to take all necessary measures to meet the...
Pakistan’s emerging market status first step toward becoming Asian Tiger: Report
Pakistan’s re-entry into the emerging market block, achieved with an amazing speed due to China Pakistan Economic Corridor (CPEC), driven optimism, is...
Senate standing committee on finance grills FBR over pending sales tax refunds
The issue of pending sale tax refunds on part of the Federal Board of Revenue (FBR) has earned them the ire of...
Matco foods, Pakistan’s largest rice exporter to get listed on PSX in September
KARACHI: One of Pakistan’s largest rice exporter Matco Foods will be listing itself on the Pakistan Stock Exchange (PSX) in September this...
Inbox tech IPO planned for June
One of Pakistan’s largest IT company by revenue, Inbox Business Technologies Limited is seeking to raise Rs1.5b in an initial public offering...
Parliamentary panel opposes powers to FBR in tax matters
ISLAMABAD: While opposing giving more powers to the finance minister and the Federal Board of Revenue (FBR) to make changes in the...
Indirect taxes continue hurting the poorest of the poor
Like the previous budgets, the government, instead of reducing inequalities and burden of taxes on the poor, continued indirect taxes as 60...
Tax exemptions rise 5pc to reach Rs415b: Economic Survey 2016-17
Economic Survey 2016-17 has reported that tax exemptions had seen an increase of 5pc to reach Rs415b during first ten months of...
Global X MSCI Pakistan ETF’s assets quadrupled says: Bloomberg report
A Bloomberg report has cited that investors have been on a spree of buying up a US listed exchange trade fund dedicated...
Decrease corporate tax and CGT rate says: PSX
The government has been requested by the Pakistan Stock Exchange (PSX) to reduce the corporate tax rate for companies listed on the...
Govt taking steps to ease tax payment mechanism: BOI
The Board of Investment (BoI) has said government's focus was on tax reforms and further steps to ease payment of tax mechanism...