Financial News Archives - Page 13 of 13 - Pakistan Property Real Estate - Commercial, Residential, Buy and Sell Properties in Pakistan

Govt to screen investments in National Savings schemes

Govt to screen investments in National Savings schemes. Islamabad: The federal government has announced its decision to screen over seven million individuals who have made investments worth PKR 4.038 trillion and more in the country’s...

Banks to share transaction details with FBR

Banks to share transaction details with FBR. Karachi: Banks to share transaction details with FBR. Commercial banks across the country will now be required to share the details of financial transactions (recorded during the first...

ICT reports increase in tax collection

ICT reports an increase in tax collection. Islamabad: The Islamabad Capital Territory (ICT) has made notification of a significant increase in taxes collected during Tax Year 2019; when contrasted with the annual tax sums generated...

Govt to set up four SEZs in 2020 Umar

Govt to set up four SEZs in 2020 Umar Lahore: Federal Minister for Planning, Development, & Special Initiatives Asad Umar recently revealed that the government was committed to setting up four special economic zones (SEZs)...

RTO-II Karachi registers 24% increase in revenue collection

RTO-II Karachi registers 24% increase in revenue collection. Karachi: The Regional Tax Office (RTO) – II of the Federal Board of Revenue (FBR) has reported a 24% increase in the revenue collected during the first...

Govt receives PKR 274.4bn from Treasury Bills auction

Govt receives PKR 274.4bn from Treasury Bills auction. Karachi: The government accepted bids worth PKR 274.4 billion in its latest Treasury Bills (T-Bill) auction, according to a recent press release by the State Bank of...

100 Days of ePay Punjab collects PKR 500 mn

100 Days of ePay Punjab collects PKR 500 mn. Lahore: The provincial government on Wednesday announced the collection of PKR 500mn in government duties and taxes during the first 100 days of the launch of...

Foreign direct investment up by 68.3%

Foreign direct investment up by 68.3% Karachi: During the first half (July-December 2019) of the current fiscal year, foreign direct investment (FDI) in Pakistan increased by 68.3% to reach USD 1.34 billion; as compared to...

FBR starts kilns registration drive to levy taxes

FBR starts kilns registration drive to levy taxes. Faisalabad: The Federal Board of Revenue (FBR)’s Regional Tax Office (RTO) Faisalabad, through a policy revision, recently mandated all operational kilns in the area to register with...

FBR told to be aggressive in pursuing tax net expansion efforts

FBR told to be aggressive in pursuing tax net expansion efforts. January 2, 2020 Islamabad: Adviser to the Prime Minister (PM) on Finance Hafeez Shaikh on Wednesday instructed the Federal Board of Revenue (FBR) to...