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Filing of Income Tax return date extended till November 21 ISLAMABAD: The Federal Board of Revenue (FBR) on Friday decided to further extend filing of Income Tax return date from October 31 to November 21.Decision to this effect was made by the Federal Minister for Finance Senator Mohammad Ishaq Dar and Federal Board of Revenue after receiving a number of requests for extension in date of filing of Income Tax Returns for 2014. These requests were made by FPCCI, Provincial Chambers of Commerce & Industry, All Pakistan Tax Bars Association, Pakistan Tax Advisors Association, All Pakistan Anjuman-e-Tajran and various other Trade Bodies and Business Associations stating that due to Muharram-ul-Haram and Ashura a large numbr of people could not file tax returns.Moreover many taxpayers remained outside Pakistan for performance of Hajj and many of them have still not arrived back, Spokesman FBR and Member Inland Revenue-Policy) Shahid Hussain Asad said in a statement.However, taxpayers were advised in their own interest ...

KCCI President for trickle down effect of cut in POL prices KARACHI: President, Karachi Chamber of Commerce and Industry, Iftikhar Ahmed Vohra has appreciated the Federal cabinet's decision to significantly decrease the prices of petroleum products including petrol and diesel, and called for corrective steps at all levels to benefit the common man. Certainly, this decrease in POL prices can provide relief to the people in many ways. However, the provincial governments and other agencies concerned should also come ahead and ensure trickle down effect, he ...
Halal meat export reaches US $ 230.2mn mark ISLAMABAD: The export of halal meat has increased to US$ 230.2 million during fiscal year 2013-14 from US $ 211.1 million in same period last year, showing an increase of 9 percent.The export of other food touched US$ 4393.7 million mark as the export value of some food items like rice, fish, fruits and oil seed has increased whereas export value of vegetables, tobacco, wheat, sugar, spices witnessed decrease.As per break-up issued by Commerce Division ...
Food Security Minister to award scientists, mango growers, exporters KARACHI: An event will be arranged at the Department of Plant Protection here on Tuesday to recognize the contributions made by mango growers and fruit exporters of the country.Federal Minister for National Food Security and Research (NFSR), Sikander Hayat Khan Bosan will be chief guest at the Mango Star Award Ceremony.Organisers of the event said the agriculture scientists would be awarded for their role to address the issue of mango fly and contributing to the ...
1.1mn tons Kinnow yield expected SARGODHA: Almost 1.1 million tons kinnow produce is expected from the district this year.Talking to this scribe, Director Citrus Research Institute Altaf-ur-Rehamn said here on saturday that kinnow of Sargodha district was the best among citrus production which was being exported to almost thirty six countries.He said that although the yield was affected badly due to scab disease to kinnow plants due to floods and rains but modern methods are being used by the Citrus ...
Wheat growers urged to sow recommended varieties MULTAN: Wheat production could be yield by sowing recommended wheat varieties by the agriculture department at proper time, said agriculture information spokesperson.According to a handout issued by the agriculture department here on Saturday, the agriculture information spokesperson advised wheat growers of irrigated areas to start sowing of wheat varieties Lasani-2008, Faisalabad- 2008, RE-2011, Punjab-2011 and Millat-2011 from Ist Nov and could be sowed by Dec-10.Similarly, proper time of sowing of wheat variety Aas2011 would start ...
KCCI for extension of date for filing returns KARACHI: President of Karachi Chamber of Commerce and Industry (KCCI), Iftikhar Ahmed Vohra has urged the Federal Board of Revenue (FBR) to extend the last date for filing of income tax returns and wealth statements as the taxpayers are facing immense hardships.President KCCI, in his statement on Thursday, emphasized FBR to restore the previous online system for filing of income tax returns to give relief to taxpayers who are trying to submit their returns online ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln