SBP Governor Informs Finance Minister of Progress on Economic Uplift Policies
Governor State Bank of Pakistan (SBP), Dr. Reza Baqir, called on the Federal Minister for Finance and Revenue, Shaukat Tarin, at the Finance Division today.The...
Over 40 Fintechs are Operating in Pakistan: Report
The emerging ecosystem of digital financial services coupled with the supportive regulatory environment has provided opportunities for Fintech companies in Pakistan, which has gradually surged...
FBR Faces Backlash From Steel and Ghee Industries Over New Tax Measures
All major steel industry associations Thursday jointly warned the Federal Board of Revenue (FBR) that the proposed measure of withdrawal of 17 percent Federal Excise...
FBR Increases Duty Drawback on the Export of Pharmaceutical Products
The Federal Board of Revenue (FBR) has increased duty drawback on the export of pharmaceutical products including medicines for human and animals (tablets or capsules);...
FBR Allowed to Investigate Income Tax of Offshore Income/Assets Beyond 5 Years
The Senate Standing Committee on Finance on Thursday gave a go-ahead to the Inland Revenue officials of the Federal Board of Revenue (FBR) to investigate...
FBR Issues New Procedure For Storage and Destruction of Seized Cigarettes
The Federal Board of Revenue (FBR) has issued a new procedure for the storage and destruction of seized/confiscated cigarettes, cigarette paper and cigarette filters and...
Pak Oman Microfinance Bank Appoints New CEO
The Board of Directors of the Pak Oman Microfinance Bank has appointed Farooq Rashid as its new Chief Executive Officer (CEO).Rashid has more than 25...
ECC Approves $17.3 Million for PIA to Pay Off Roosevelt Hotel’s Liabilities
The federal Minister for Finance and Revenue, Shaukat Tarin, chaired a meeting of the Economic Coordination Committee (ECC) of the cabinet today.The ECC approved $17.3...