Economy

Befiler Wants to Digitize Tax Filing in Pakistan With its Latest Grant

Befiler will enhance its efforts to promote tax compliance in Pakistan through the grant it won in the recent round of Karandaaz’s Digital Experiment Program.Befiler participated in the recent round of Karandaaz’s Digital Experiment Program, and won th…

Economy

Decision to Close CNG Stations in Sindh Rejected

All Pakistan CNG Association (APCNGA) on Monday rejected the decision of the SSGC to close CNG stations for two and a half months, from December 1, 2021, to February 15, 2022.Closing of CNG stations in Sindh province is unjustified cruelty, which will …

Economy

Rupee-Dollar Parity: Rupee Plunges to a New Record Low

The Pakistani Rupee (PKR) slid to a new record low against the US Dollar (USD) and depreciated by 74 paisas against the greenback in the inter-bank market today. It hit an intra-day low of Rs. 176.3 against the Dollar during today’s open market session…

Economy

FTO Orders End to ‘Unnecessary Check’ of Duty Paid Good at Customs Posts

Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah has stated that unnecessary checking of duty paid goods at the Customs checkpoints not only delays the flow of items but is also against the government policy of creating ease in doing business.Addressin…

Economy

Tarin Orders FBR to Launch Taxpayer Outreach Initiative to Improve Revenue Collection

Advisor to the Prime Minister on Finance and Revenue Shaukat Tarin has directed the Federal Board of Revenue (FBR) to launch the taxpayer outreach initiative at the earliest to expand the existing tax base and improve the revenue collection.Shaukat Tar…