Pak Economy

Important information about Pakistan economy

FBR sends notices to 100000 non-filers

FBR has launched automated tax registration system and also sent tax notices to one lakh non-filer individuals in the first batch. Another 1 lakh notices will be sent to those who have undertaken trillions of rupee business transactions. FBR is utilizing withholding tax database to identify rich individuals. Power distribution […]

Second phase of Asset Declaration/Amnesty scheme

Islamabad: Second phase of Asset Declaration/Amnesty will starts from 3rd August 2019 and will continue until 30th June 2020. Those who fail to declare their illegal assets and submit wealth statements until 2nd august 2019 can regularize their movable and immovable assets by paying heavy taxes. From 3rd August until […]

Kamyab Jawan Program launched 2

سٹیٹ بینک آف پاکستان نے کامیاب جوان پروگرام کا آغاز کر دیا ہے-اس پروگرام سے 18 سے 45 سال تک کی عمر کے افراد بہت ہی آسان شرائط پر قرض حاصل کر سکتے ہیں۔ اس سلسلے میں پچیس صد کوٹہ خواتین کے لۓ مختص کیا گیا ہے- ایک شخص 50 […]

Crackdown against benami properties has started

بينا می جائدادوں کی ضبطگی شروع ہو گئ Immediate after the deadline for Asset Declaration Scheme ended today, FBR has started action against those who failed to declare their benami properties. Under Benami properties prohibition act 2017, Government has established three major zones, Lahore Karachi and Islamabad. Further 11 Sub […]

FBR Launches Tax Profiling system 23

فیڈ رل بورڈ آف ریونیو نے  21 جون 2019 سے ٹیکس پروفا ئلنگ سسٹم آن لائن کر دیا ہے۔اس سسٹم میں پانچ کروڑ تیس لاکھ افراد کی بینک اکا ؤنٹس، جائداد،یوٹیلیٹی بلز اور بیرون ملک سفر سے متعلق پوری معلومات موجود ہیں۔ تمام لوگ 500 روپے فیس ادا کرکے اپنی […]

Highlights of Punjab budget 2019-2020

Punjab government has presented the surplus budget for 2019=2020 with 350 billion rupees allocation for development. Taxation Measures Government has proposed taxes on businesses and professions previously not falling into the tax net. Moreover, a number of existing taxes, including stamp duty have also been increased. The government has proposed […]

پاکستان بجٹ 2019-2020 کی تفصیلات

اسلام آباد: پاکستان تحریک انصاف کے وزیرِ مملکت برائے محصولات حماد اظہر نے آج اپنی حکومت کا پہلا سالانہ بجٹ پیش کیا ہے، بجٹ کا حجم 70.22 کھرب روپے رکھا گیا ہے۔ ترقیاتی کاموں کے لیے 1800 ارب روپے مختص کیے  گئے ہیں، ٹیکس وصولیوں کا ہدف 550 ارب رکھا […]

Economic Survey of Pakistan 2018-2019 highlights

Advisor to Prime Minister of Pakistan on finance, Dr. Hafeez Sheikh launched Economic Survey for the year 2018-2019 on 10th June 2019. Following are the salient features; External sector has shown some improvement after dismal performance in FY-2018. Policy intervention has reduced current account by 27 percent to $11.56 billion […]

Overseas Pakistanis exempted from bio-metric verification

اوورسيز پاکستانی بایومیٹرک تصديق سے مستثنی قرار ۔سٹیٹ بینک نے ہدایات جاری کر دیں۔ The State Bank of Pakistan has exempted overseas Pakistanis from biometric verification and has allowed them to continue operating bank accounts in the country as the verification is aimed at unearthing fake accounts to combat money […]