Newly appointed Federal Board of Revenue (FBR) Chairman Javed Ghani has said the Bureau is making efforts to develop a permanent and simple form for filing of income tax returns along with pursuing reforms for the next six months. Ghani, in a meeting with National Assembly Speaker Asad Qaiser, discussed the possibilities of ensuring foolproof مزید پڑھیں

Sindh Minister for Excise, Taxation and Narcotics Control and Parliamentary Affairs Mukesh Kumar Chawala has said that the provincial government will introduce smart cards for online tax collection. It is a matter of great satisfaction that despite hard time due to coronavirus the department has achieved more than 100% tax target during fiscal year 2019-20, مزید پڑھیں

Fresh hopes for a virus vaccine and another round of US stimulus lifted Asian markets, though gains remained tethered by the reimposition of containment measures. Investors took their lead from Wall Street’s pop higher, which came after US biotech firm Moderna said the final stage of human trials for a COVID-19 vaccine would start at مزید پڑھیں

Singapore plunged into recession in the second quarter as growth fell 41.2 percent quarter-on-quarter with the trade-dependent economy hammered by the coronavirus, preliminary data showed. Year-on-year, the economy shrank 12.6 percent between April and June, according to the data from the trade ministry, as strict curbs were imposed to fight the virus. It marks the مزید پڑھیں

Prime Minister Imran Khan on Tuesday approved to launch second phase of Kamyab Jawan Program, aiming to provide more opportunities to the youth across the country. As per details, Special Assistant to the Prime Minister on Youth Affairs, Usman Dar, called on PM Imran Khan to discuss matters related to Kamyab Jawan Program. During the مزید پڑھیں

The International Monetary Fund (IMF) has lowered Pakistan’s growth projection by about one percentage point for the current fiscal year driven by weaknesses in the second half of 2020 due to the coronavirus pandemic. Middle East and Central Asia released on Monday said the markdowns in growth during the second half of 2020 are also مزید پڑھیں

Britain’s new immigration system will provide faster and cheaper visas for skilled health and social care workers, the government announced on Monday, setting out further details of the points-based system that will come into effect in January. A new post-Brexit immigration system will apply to skilled workers and ends free movement of labour between Britain مزید پڑھیں

In a major move for the revival of Afghan Transit Trade activities, Pakistan on Monday has decided to open Wagah Border. According to the Foreign Office spokesperson, the Wagah Border would be open from July 15 for the Afghan Transit Trade under strict implementation of the standard operating procedures (SOPs) in the wake of coronavirus مزید پڑھیں

The State Bank of Pakistan (SBP) has imposed heavy fines on 15 commercial banks over a failure to record customers’ data and violation of foreign exchange and anti-money laundering laws. According to the central bank, the collective fine to the tune of Rs1.68 billion was imposed on the banks for violations of regulations that were مزید پڑھیں

Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh has said that Pakistan is working to ensure full compliance with the Financial Action Task Force (FATF) Action Plan at the earliest by increasing the effectiveness of its Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) regime. “Out of 27 FATF Action Plan items, Pakistan مزید پڑھیں