The Federal Board of Revenue may announce prizes of up to Rs. 1 million for customers of integrated Tier-1 retailers, reported a national daily.The Federal Board of Revenue (FBR) has drafted a proposal in which it details its plans to award prizes unde…
The Sensitive Price Indicator (SPI) for the week ended on September 30, 2021, recorded a decrease of 0.10 percent due to a decline in the prices of some food items, according to the weekly data of Pakistan Bureau of Statistics (PBS).The food items that…
The Federal Board of Revenue (FBR) has imposed service charges at a rate of Rs. 1 per invoice issued through all points of sale (POS) to be collected by Tier-1 retailers from customers across the country.In this connection, the FBR has issued SRO.1279(…
Federal Minister for Finance and Revenue, Shaukat Tarin, inaugurated the much-awaited Track & Trace System (TTS) of the Federal Board of Revenue (FBR) at the Pakistan Tobacco Company’s (PTC) factory in Jhelum on Friday.The special ceremony was attende…
A UK-based financial institution called CDC Group has announced that it has made an anchor investment in Techxila Fund I — a fund managed by venture capital firm Fatima Gobi Ventures.The institution said that it aims to help Fatima Gobi Ventures (FGV) …
The Pakistani Rupee recovered from yesterday’s record low against the US Dollar today. Following the trend from previous weeks, the rupee closed the week with small gains and appreciated by 18 paisas against the dollar to close at 170.48.The local curr…
With a total of 1.4 million vehicles registered in Islamabad with the Excise and Taxation Office (ETO), the revenue stream of the Excise and Taxation Office (ETO) has increased from Rs. 4.5 billion to Rs. 8 billion despite the prevalence of the COVID-9…
Multan Electric Power Company (MEPCO) has admitted to overbilling its consumers, causing nuisance and additional burden to the consumers.During a hearing into a case of suo moto notice taken by the National Electric Power and Regulatory Authority (NEPR…
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