The Federal Board of Revenue (FBR) launched the Parliamentarians’ Tax Directory for Tax Year 2019 in a special ceremony organized at FBR Headquarters on Monday.Federal Minister for Finance and Revenue, Shaukat Fayaz Ahmed Tarin, who was the chief guest...
Read More »Monthly Archives: January 2022
K-Electric Tariffs Expected to Rise by Rs. 4.8 Per Unit
The cost of quarterly adjustments for Karachi is expected to be as high as Rs. 4.80 per unit.National Electric Power Regulatory Authority (NEPRA) reserved its decision after hearing K-Electric’s request for an increase in the per-unit price of electric...
Read More »NTDC Enhances Grid Capacity to Provide Uninterrupted Power to Consumers
The National Transmission & Despatch Company (NTDC) has successfully enhanced the grid capacity of 500 kV Rawat Grid Station and 220 kV WAPDA Town Lahore Grid Station by augmenting its previously installed 220/132 kV Transfo...
Read More »Gas Shortfall Causes $250 Million Loss for Textile Sector in December Alone
Pakistan’s natural gas shortfall is wreaking havoc on the country’s export industry, and has stripped off $250 million worth of textile exports in December alone, reported by Bloomberg.According to Bloomberg’s calculations, the amount of $250 million w...
Read More »FBR Orders Officers to Deposit Gifts Received During Official Visits to Other Countries
The Federal Board of Revenue has bound the officers to declare and deposit the gifts received during official visits to foreign countries.According to the FBR that in its monthly meeting held at FBR (HQs), Board-in-Council (BIC) discussed various agend...
Read More »Ministry of Finance Reveals Progress on IMF Loan Program
The Ministry of Finance has issued an official clarification in response to a news article published in daily Dawn, titled “Govt in no hurry to pass mini-budget before IMF meeting.”In a short statement, the Finance Ministry remarked that the article is...
Read More »39 Lawmakers Did Not Pay Any Income Tax in FY19
As many as 39 lawmakers, including 10 Members National Assembly and eight Senators, did not pay income tax for the year that ended on June 30, 2019, revealed the Parliamentarians Tax Directory released by the Federal Board of Revenue (FBR) on Monday.Ac...
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