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1-10 results from 1000 for query «taxes»

July 17, 2018 12:00 AM Gold jumps Rs850/tola on rupee depreciation

KARACHI: Gold grew dearer in the local market going up by Rs850/tola to reach Rs59,650/tola largely driven by the depreciation of rupee that is currently in the dumps against dollar, traders said on Monday. Gold appreciated by $2 to $1,244 per ounce in the international market. Haji Haroon Chand, president Sindh Sarafa Bazar Association, said the gold became

July 4, 2018 12:00 AM Ogra chairperson, PSO MD to appear in SC tomorrow

ISLAMABAD: Chairperson of Oil and Gas Regularity Authority (Ogra) and managing director of PSO will appear in Supreme Court (SC) on tomorrow (Thursday). Chief Justice of Pakistan Justice Mian Saqib Nisar summoned Ogra Chairperson Uzma Adil and managing director of PSO on July 5 (Thursday) to inform court about the supply of petrol, diesel, kerosene and furnace 1

June 29, 2018 12:00 AM KP NAB moves against Park contractors, officials

PESHAWAR: The National Accountability Bureau (NAB) Khyber Pakhtunkhwa on Thursday authorised inquiry against officials of Local Government and Rural Development Department and contractor of Funland in Shahi Bagh and Chacha Younas Park, Peshawar, regarding corruption and corrupt practices. The decision was taken at a meeting of Regional Board Meeting

June 28, 2018 12:00 AM Petroleum products goldmine for govt

ISLAMABAD: The government is collecting a major chunk of its spending through taxes on petroleum products as they pay hefty amount of Rs34.95 extra on per litre of diesel in form of taxes and other heads whereas the ex-refinery cost of diesel stands at Rs70.30 per litre. POL products are one of the 10 top revenue spinners as 45 percent of total sales 3

June 27, 2018 12:00 AM PTI candidate pays only Rs3,000 tax on Rs3.2 billion property

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) candidate from Peshawar Noor Alam Khan is one of the richest candidate from Khyber Pakhtunkhwa (KP) who owns Rs3.2 billion agricultural land but surprisingly he paid only Rs3,000 tax on this property, reveals the statement of assets of politicians submitted before the ECP. The Election Commission of Pakistan

June 26, 2018 12:00 AM Govt urged to take care of export sector

LAHORE: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) asked the caretaker government to take care of the export sector, requesting for speedy implementation of export package. PRGMEA Senior Vice Chairman Sheikh Luqman Amin said the central bank is not disbursing the funds, already allocated and released by the government 1

June 26, 2018 12:00 AM Who paid how much taxes

ISLAMABAD: Among all former chief ministers who were serving before the caretaker set-up was installed this month, Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif paid the highest amount of tax with Rs10.78 million contributions to the national exchequer last year, a comparison of nomination papers filed by the candidates for 2018 election 3

June 26, 2018 12:00 AM Abbasi didn’t mention any uplift work in his area in nomination papers

ISLAMABAD: Former Prime Minister Shahid Khaqan Abbasi who proudly mentioned winning the National Assembly seat from Murree for a record sixth time in 2013 did not list a single development work in his area in his nomination papers for 2018 elections. 1- Abbasi said he did not sell his “soul to any non-democratic entity”. 6- I have worked for my country

June 24, 2018 12:00 AM Measures proposed to reduce pending audit cases

KARACHI: Federal Board of Revenue (FBR) was urged to speed up settlement of audit cases that piled up to more than one million. Pakistan Tax Bar Association (PTBA), in a letter to FBR Chairman Tariq Mahmood Pasha, stressed the need for disposal of cases automatically selected for audit under Section 214D of the Income Tax Ordinance 2001 for tax years 2

June 24, 2018 12:00 AM Tax amnesty scheme: SBP unveils guidelines for investment in dollars-denominated bonds

KARACHI: The central bank on Saturday unveiled the procedures for individuals who want to invest their undeclared liquid local or foreign assets into dollars-denominated bonds, as the deadline for the tax amnesty scheme is fast approaching. The State Bank of Pakistan (SBP) said it will open a subsidiary general ledger account of the taxpayer after receiving 2