Finance
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Finance Act, 2024: Amendments to Finance Bill Now Ratified
The Federal Government presented Finance Bill, 2024 (‘FB’) in the National Assembly on June 12, 2024. After debate in the…
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FBR Instructs PTA and Telecos to Block 500,000+ Mobile SIMs of Tax Non-filers
A local news channel reported that the Federal Board of Revenue (FBR) on Tuesday ordered PTA (Pakistan Telecommunication Authority) and…
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Number of people filing income tax returns surpasses 4 million
ISLAMABAD: According to the Active Taxpayers List (ATL), the latest updated figure for those who have filed income tax returns is…
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Rs4.09 Trillion Federal Budget for 2015-16 Unveiled
ISLAMABAD (June 06, 2015) – The federal budget for the year 2015-16, with a total outlay of Rs4.089 trillion, was…
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Economic Survey 2014-15: Features and Highlights
ISLAMABAD (June 05, 2015) – The finance ministry of Government of Pakistan yesterday published the annual Economic Survey of Pakistan…
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FBR Establishes a Transfer Pricing Unit
ISLAMABAD (December 24, 2014) – The Federal Board of Revenue (FBR) has established a transfer pricing unit to facilitate and…
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Date for filing of Income Tax returns extended till October 31, 2014
ISLAMABAD (September 27, 2014) – Federal Board of Revenue (FBR) has extended the date for filing of tax returns to…
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Amendments to Finance Act 2014: Bonus Shares by Unlisted Companies, Tax Exemption for Non-profits and FED on Air Travel
ISLAMABAD (June 23, 2014) – Several amendments were announced by Finance minister Ishaq Dar in the Finance Act 2014 which was…
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Rs3.94 Trillion Federal Budget for 2014-15 Unveiled
ISLAMABAD (June 04, 2014) – The federal budget for the year 2014-15, with a total outlay of Rs3.945 trillion, was…
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Economic Survey 2013-14: Features and Highlights
ISLAMABAD (June 03, 2014) – The finance ministry of Government of Pakistan yesterday published the annual Economic Survey of Pakistan…