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Tag Archives: tax

Ayyan Ali’s mother summoned by FBR

Advertisements RAWALPINDI: The Federal Board of Revenue (FBR) has summoned Ayyan Ali’s mother Farhat Sultana for questioning regarding the source of Rs35 million found in Ayyan’s bag. Advertisements According to the sources, the intelligence and investigation wings of FBR not only wanted to know the source of Ayyan’s income but …

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FBR warns cotton ginners to pay taxes by March 30

ISLAMABAD: Federal Board of Revenue has warned ginners to pay their taxes of Rs 1 billion by March 30 to save themselves from trouble in case of default in payment of tax up to prescribed time. Officials of Pakistan Cotton Ginners Association (PCGA) has also said to the members to …

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Disbursement of IMF’s apportioned loan, worth $ 555.9 million, to Pakistan

A share of the loan-grant, worth $555.9 million , has been issued by International Monetary Fund(IMF) to Pakistan, reaffirming its confidence in the alignment of country’s economic policies with the stipulations of IMF loan program. With this move, IMF has assisted Pakistan from going nonremittal , last September, by offering …

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Opposition rejects the proposed budget 2014-2015

 Islamabad: The budget for the next fiscal year as propounded by the finance minister on June 2 is rejected by the opposition parties which declared the budget as has no relief for the lay man. According to the objection, made by the opposition parties, the documents and the Economic Survey …

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Federal budget for 2014-2015 fiscal year of about 4 trillion will be presented today

Islamabad: Government’s second budget for the year 2014-2015 will be elaborated today by the finance minister and Senator Ishaq Dar for approval after the meeting of the federal cabinet. According to the officials, the federal government has disbursed about Rs3.87 trillion for the next year which also include Rs525bn for …

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