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8/21/2019 12:15:52 AM

FBR Plans to Increase STN Registrations by 400,000 in 3 Years

The Federal Board of Revenue (FBR) is aiming to increase Sales Tax Registrations (STN) by 400,000 in the next three years to boost revenue collection and ensure proper documentation of the economy. Click To Read More...

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8/11/2019 9:42:25 AM

Eid-ul-Adha Mubarak

Prozameen.com Wishes You a very Happy Eid-Al-Adha. May the sacrifice of Eid ul Adha strengthen your faith in Allah and light up your world with countless blessings. Click To Read More...

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8/11/2019 2:23:12 AM

FBR to issue notices to potential non-tax filers after Eid

The Federal Board of Revenue (FBR) has decided to issue notices to potential non-tax filers after Eid-ul-Azha who had not filed their returns despite the fact that several chances were given. Click To Read More...

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8/11/2019 2:17:55 AM

Gwadar Free Zone set to win tax relief

ISLAMABAD.: The National Development Council (NDC) has decided to grant tax concessions to business units that would be set up at the Gawadar Free Zone under the China-Pakistan Economic Corridor (CPEC) — an issue that has remained in limbo for the last three years over fears that the move would adversely impact other economic zones of the country. Click To Read More...

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8/11/2019 2:13:20 AM

SBP imposes Rs185m penalty on four banks

The State Bank of Pakistan (SBP), which is trying hard to ensure compliance with international banking regulations to avoid the blacklisting of the country in October, has become strict on a few commercial banks for compromising rules related to anti-money laundering and foreign currency exchange operations. Click To Read More...

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8/11/2019 2:05:22 AM

Pakistan Receives Over Rs. 2 Billion Remittance in July 2019

Overseas Pakistanis remitted $2.039 billion in the first month (July) of FY 2019-20 as compared with $1.98 billion received during the same period in the preceding year. The growth in remittance inflows was reported due to seasonal surge ahead of Eid-ul-Azha and the gradual improvement in the utility of banking system by overseas Pakistanis. Click To Read More...

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8/10/2019 5:24:34 AM

FBR Planning to Bring Dealers, Showrooms & Others into the Tax Net

In a bid to increase revenue, the FBR has decided to bring all businesses associated with the auto-sector into the tax net including denters, painters, parts dealers, showrooms, workshops and vehicle service centers. Click To Read More...

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8/10/2019 5:22:46 AM

FBR Discovers $8 Billion Stashed in Foreign Accounts by Pakistanis

Chairman Federal Board of Revenue (FBR) Shabbar Zaidi claims that Pakistanis have stashed $7-8 billion in banks around the world. Click To Read More...

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8/10/2019 5:20:54 AM

Pakistan Gets $150 Million Grant to Deal With Climate Change

Pakistan has received $150 million in grants from global donors for dealing with the challenges of climate change. Click To Read More...