Coronavirus
VERY HIGH
Pakistan Deaths
19,210
10424hr
Pakistan Cases
867,438
286924hr
Sindh
294,251
Punjab
322,117
Balochistan
23,655
Islamabad
78,560
KPK
125,392

Sohail Sarfraz

Print

Modaraba sector: SECP to introduce new regulatory framework

In order to monitor investment/transactions in the Modaraba sector, the Securities and Exchange Commission of Pakistan (SECP) has decided to introduce new regulatory framework by imposing minimum conditions on Modaraba for providing finance to their custo
Published 25 Nov, 2019 12:00am
Print

FBR to launch 'POS' for large retailers

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi Saturday said the FBR will launch automated Point of Sale (POS) for all large retailers from December 2019.
Published 24 Nov, 2019 12:00am
Print

Traders told: Government committed to implementing agreement

Chairman Federal Board of Revenue (FBR) Shabbar Zaidi on Wednesday assured the traders community that the government is fully committed to implementing 11-point agreement signed with them. On Wednesday, the traders' representatives met senior tax official
Published 21 Nov, 2019 12:00am
Print

VAT regime: FBR to garner stakeholders' support

For full-fledged implementation of Value Added Tax (VAT), the Federal Board of Revenue (FBR) has planned to garner support of all stakeholders including industrial/business segments of the country.
Published 21 Nov, 2019 12:00am
Print

FBR seeks to set up index to evaluate officers' performance

The Federal Board of Revenue (FBR) has proposed to establish 'Performance Evaluation Index' for its officers (Grade 16 and above) to evaluate their performance on four basic parameters including achievement of the assigned revenue collection targets.
Published 20 Nov, 2019 12:00am
Pakistan

Rupee devaluation main impediment to drug imports

Drug importers have been forced to stop importing most of the foreign medicines owing to massive depreciation of Pakistani rupee against the US dollar and are of the view that imported drugs have now become too expensive to earn profit in local market.
Published 19 Nov, 2019 12:00am
Print

Tax evaders: FBR may initiate criminal proceedings

Some major changes are expected in tax laws to prosecute high-net worth individuals (non-filers) and initiate mandatory criminal proceedings against tax evaders in cases where quantum of tax evasion exceeds Rs 10 million.
Published 16 Nov, 2019 12:00am
Print

No broker can make blank sale: SECP

The Securities and Exchange Commission of Pakistan (SECP) Thursday conveyed to the stock market brokers that no securities broker shall make a blank sale either for its own account or for the customers' accounts except in the manner and to such extent as
Published 15 Nov, 2019 12:00am