Kazakh Ambassador, Yerzhan Kistafin, called on the Federal Minister for Economic Affairs, Omar Ayub Khan, in his office today. Both sides exchanged views on bilateral relations and discussed key regional issues. They also discussed the other priority a…

The Pakistani Rupee slid to a new low against the US Dollar today. It depreciated by 32 paisas against the dollar to close at 170.80.The local currency recovered slightly against the US Dollar (USD) on Friday after registering consecutive record lows t…

Federal Minister for Finance and Revenue, Shaukat Tarin, inaugurated the much-awaited Track & Trace System (TTS) of the Federal Board of Revenue (FBR) at the Pakistan Tobacco Company’s (PTC) factory in Jhelum on Friday.The special ceremony was attende…

With a total of 1.4 million vehicles registered in Islamabad with the Excise and Taxation Office (ETO), the revenue stream of the Excise and Taxation Office (ETO) has increased from Rs. 4.5 billion to Rs. 8 billion despite the prevalence of the COVID-9…

The Federal Board of Revenue (FBR) has finally extended the date for filing income tax returns for tax year 2021 by 15 days i.e upto 14th October 2021.A notification has just been issued, confirming that the deadline for filing of tax returns has been …

Minister for Finance and Revenue Shaukat Fayaz Ahmed Tarin on Wednesday revealed that the Federal Board of Revenue (FBR) systems were constantly and on regular basis subjected to cyberattacks – on average, approximately 71,000 times a month.The ministe…

Creditors are expected to soon restructure TeleCard’s outstanding TFC loan of Rs. 700 million, which would pave the way for the regulatory approvals for the planned IPO of its subsidiary, Supernet, the company sources said. The company had raised Rs. 2…

The payment of sales tax on services has crossed over Rs. 25 billion against 26,000 transactions through ePay Punjab, a Mobile Application developed by Punjab Information Technology Board (PITB).The ePay Punjab has collected a staggering Rs. 2 billion+…

Prime Minister Imran Khan has said inclusion of Karachi Comprehensive Coastal Development Zone in CPEC is game changer and it will put Karachi at par with developed port cities of the world. In a tweet, he said it will clean-up our marine habitat for f…

Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, presided over the meeting of the Executive Committee of the National Economic Council (ECNEC) today.The ECNEC considered and approved a summary presented by the Planning Commission regarding …