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Category: Business

FBR Considers Extending Income Tax iling Deadline: Sources

Business Feature Writer
The Federal Board of Revenue (FBR) is considering extending the deadline for income tax filing, sources said Thursday, as the demands for moving the last date forward increased. Sources said the tax collection...

Petrol Price Expected to Increase by Rs5.25 Per Litre from Tomorrow

Business Feature Writer
The price of petrol is expected to increase by Rs5.25 per litre from October 1, sources said Wednesday, citing a proposal sent by the Oil and Gas Regulatory Authority (OGRA) to the...

Hours Before Deadline, FBR’s Iris Portal Becomes Non-Functional

Business Feature Writer
Barely hours before the deadline, the Federal Board of Revenue's (FBR) Iris portal -- the platform to file income tax returns -- suffered an outage, much to the dismay of tax filers,...

Engro Partners with Pakistan Pavilion to Highlight the Country’s Massive Opportunities at Dubai Expo 2020

Business Press Release
Engro Corporation, Pakistan’s premier conglomerate, has announced its partnership with the Pakistan Pavilion at Dubai Expo 2020 to unearth the immense hidden opportunities in investment and tourism presented by the country. Developed on the theme...

Alibaba.com Opens Doors for B2B Pakistani Sellers

Business Press Release
Alibaba.com – World’s leading B2B platform has opened its doors for Pakistani sellers to grow their business. Alibaba.com is world’s leading B2B marketplace platform and in Pakistan it is not just a platform...

Government Extends Encashment Dates of Prize Bonds

Business Feature Writer
The government has extended the date for encashment, conversion and refunding of Rs40,000, Rs25,000 and Rs15,000 prize bonds up to December 31, 2021. Earlier, the deadline for cashing prize bonds was September 30,...

Government Will Now Collect Taxes From Google, Facebook and Twitter Directly

Business Feature Writer
In recent news, the Federal Cabinet has approved a framework that makes social media companies work with the government in regards to their devised rules and regulations. The framework mentions that the social...

Dollar Hits Historic High at Rs170 in Interbank Market

Business Feature Writer
The US Dollar continued its surge against the rupee on Wednesday, rising to a historic high of Rs170 in the interbank market. The dollar was up 31 paisa in the interbank market and...
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