News & Updates

News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

Taxpayers Can Now Apply for Change in Tax Jurisdiction Via FBR Online

On the directions of the Federal Tax Ombudsman (FTO), taxpayers would now be able to apply/process for a change of tax j...

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News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

ACM Group of Industries Celebrates Consecutive Wins: Brand of the Year & Best Battery Manufacturing Company of the Year Excellence 2023-24

ACM Group of Industries is proud to announce two prestigious wins: “Brand of the Year 2023-24” and “Best Battery Manufac...

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News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

Total Number of Return Filers Crosses 4 Million Mark for Tax Year 2024

The number of income tax return filers has crossed over 4 million for the tax year 2024 up to October 13, 2024. So far,...

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News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

Engro Fertilizers Posts Rs. 17.9 Billion Profit for 9 Months of 2024

Engro Fertilizers Limited (EFERT) today unveiled its financial result for 9MCY24 posting a consolidated profit after Tax...

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News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

FBR Eyes Rs. 300 Billion Tax Collection from Agriculture Sector

The Federal Board of Revenue (FBR) has estimated that it will collect a maximum amount of Rs. 300 billion from agricultu...

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News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

ADB Appoints New Country Director for Pakistan

The Asian Development Bank (ADB) has appointed Xiaoqin (Emma) Fan as its new Country Director for Pakistan. She joined t...

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News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

Pak Rupee Starts New Week With Small Losses Against US Dollar

The Pakistani rupee (PKR) posted losses to begin the new week against the US Dollar (USD) after opening trade at 278 in...

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News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

PM Shehbaz, Chinese Premier Li Inaugurate Gwadar International Airport 

Prime Minister Shehbaz Sharif Monday said that the completion of Gwadar International Airport showed Chinese leadership’...

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News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

Sunridge’s Commitment to Excellence: Ensuring Global Food Safety Standards

As the world observes World Standards Day on October 14, it is a timely reminder of the critical role international stan...

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News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

Pakistan and Estonia Sign Agreement to Eliminate Double Taxation

Pakistan and Estonia have signed the convention for the elimination of double taxation with income and the Prevention of...

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News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

JS Bank Launches Instant Debit Card Service, Offering Immediate Card Issuance for New Customers

JS Bank, one of the fastest-growing banks in Pakistan, has launched a game-changing service that allows customers to wal...

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News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

More CFOs Arrested as FBR Intensifies Crackdown Against Tax Fraud

The Directorate General of Intelligence & Investigation-Inland Revenue has arrested four Chief Financial Officers (CFOs)...

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News Update

14

Oct 2024

Oct 14, 2024 • 5 min read

FTO Orders FBR to Punish Tax Officers Who Mentally Tortured Female Taxpayer

Federal Tax Ombudsman (FTO) has detected a classic case of maladministration involving tax officers of the Regional Tax...

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News Update

13

Oct 2024

Oct 13, 2024 • 5 min read

Govt to Publicly Reveal Assets of Bureaucrats and Officers Via New FBR Portal

The government has assured the International Monetary Fund (IMF) that asset declarations of high-level public officials...

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News Update

13

Oct 2024

Oct 13, 2024 • 5 min read

SBP Launches Challenge Fund For Facilitating SMEs

The State Bank of Pakistan (SBP) has launched a Challenge Fund for SMEs (CFS) to support banks and financial technology...

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News Update

13

Oct 2024

Oct 13, 2024 • 5 min read

Govt to Hike SBP Policy Rate in Case of High Inflation, External Pressures

The government has committed to the International Monetary Fund (IMF) to increase the policy rate if new inflationary pr...

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News Update

13

Oct 2024

Oct 13, 2024 • 5 min read

FBR Fixes New Customs Values on Import of Power Tools

Directorate General of Customs Valuation Karachi has fixed new values on the import of 31 different types of power tools...

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News Update

13

Oct 2024

Oct 13, 2024 • 5 min read

IMF Flags Dangerous Risks in Govt’s Growing Dependence on Banks, SBP for Liquidity

The International Monetary Fund (IMF) has warned about the “complex tripartite relationship” between the federal governm...

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News Update

11

Oct 2024

Oct 11, 2024 • 5 min read

CDC Organizes 3-Day Investor Weekend 2024

With the support and guidance of the Securities and Exchange Commission of Pakistan, Central Depository Company (CDC), i...

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News Update

11

Oct 2024

Oct 11, 2024 • 5 min read

FBR to Increase Property Rates By Up to 75% Across Pakistan Today

The Federal Board of Revenue (FBR) will today (October 11) raise the values of immovable properties up to 75 percent of...

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News Update

11

Oct 2024

Oct 11, 2024 • 5 min read

Rupee Halts 4-Day Losing Streak Against US Dollar to End Big Week

The Pakistani rupee (PKR) posted small gains to end big week against the US Dollar (USD) after opening trade at 278 in t...

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