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FBR Gives Deadline for Businesses to Integrate with Point of Sale System

In a bid to collect maximum taxes from big retailers, the Federal Board of Revenue (FBR) has made public the list of 1,284 business tycoons who did not integrate their businesses with its Point Of Sale (POS) system, warning them that they will not be e...

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Pak-China and APCEA Collaborate to Highlight the Role of Chinese Enterprises in Pakistan

Pakistan-China Institute (PCI) and All-Pakistan Chinese Enterprises Association (APCEA) launched the ‘APCEA Sustainable Development Report 2021’ during an event organized at the Chinese Embassy.The event was attended by over 100 participants and featur...

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Questions Raised After Ministry of Commerce & PBS Share Different Trade Figures

The Ministry of Commerce and Pakistan Bureau of Statistics (PBS) released trade figures with two just days gap, but showing huge discrepancies, raising serious questions on the authenticity of this important matter.Significant differences were witnesse...

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FBR Assigns Jurisdiction to Officials of Designated Non-Financial Businesses & Professions

The Federal Board of Revenue (FBR) has assigned jurisdiction to the officials of Designated Non-Financial Businesses and Professions (DNFBP) to comply with the Financial Action Task Force (FATF) requirements.DNFBP is a classification used by FATF denot...

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SBP Directs Exporters to Bring in Foreign Income Proceeds Within 120 Days

With an objective to improve the timely inflow of foreign exchange from export proceeds in the market, the State Bank of Pakistan (SBP) has amended the foreign exchange regulations and directed the exporters to bring export proceeds within a maximum pe...

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