Home » News » Finance

Finance

Rs4.09 Trillion Federal Budget for 2015-16 Unveiled

000026-federal-budget-2015-16

ISLAMABAD (June 06, 2015) – The federal budget for the year 2015-16, with a total outlay of Rs4.089 trillion, was approved by the federal cabinet on Friday. In his budget speech in parliament, finance minister Ishaq Dar told the house that Rs700 billion have been allotted for the Public Sector Development Programme (PSDP), a 33 percent increase from last year. ...

Read More »

Economic Survey 2014-15: Features and Highlights

Economic Survey of Pakistan 2014-15

ISLAMABAD (June 05, 2015) – The finance ministry of Government of Pakistan yesterday published the annual Economic Survey of Pakistan for the year 2014-15. Highlights of this publication are being presented here. Click on the links below to go directly to that section: Growth and Investment Agriculture Manufacturing and Mining Fiscal Development Money and Credit Capital Markets Inflation Trade and ...

Read More »

FBR Establishes a Transfer Pricing Unit

FBR establishes transfer pricing unit

ISLAMABAD (December 24, 2014) – The Federal Board of Revenue (FBR) has established a transfer pricing unit to facilitate and strengthen the ability of the tax officials to effectively deal with the transfer pricing related issues. As per the notification issued by FBR on Monday, 22nd December; a transfer pricing unit has been set up at FBR the purpose of ...

Read More »

Date for filing of Income Tax returns extended till October 31, 2014

income tax 2014 return filing date extension

ISLAMABAD (September 27, 2014) – Federal Board of Revenue (FBR) has extended the date for filing of tax returns to October 31, 2014 for individuals, associations and special tax year companies whose tax year ends between July 01, 2013 to December 31, 2013. This was done after Pakistan Tax Bar Association (PTBA) requested an extension citing difficulties in preparation and ...

Read More »

Amendments to Finance Act 2014: Bonus Shares by Unlisted Companies, Tax Exemption for Non-profits and FED on Air Travel

Amendments to Finance Act 2014

ISLAMABAD (June 23, 2014) – Several amendments were announced by Finance minister Ishaq Dar in the Finance Act 2014 which was passed on Saturday. The first amendment was related to tax on bonus shares through which every company which is not quoted on stock exchange and is issuing bonus shares to the shareholders of the company shall be required to deposit ...

Read More »

Rs3.94 Trillion Federal Budget for 2014-15 Unveiled

Federal Budget 2014-15

ISLAMABAD (June 04, 2014) – The federal budget for the year 2014-15, with a total outlay of Rs3.945 trillion, was approved by the federal cabinet on Tuesday. In his budget speech in parliament, finance minister Ishaq Dar told the house that Rs525 billion have been allotted for the Public Sector Development Programme (PSDP), a 24 percent increase from last year. ...

Read More »

Economic Survey 2013-14: Features and Highlights

Economic Survey of Pakistan 2013-14

ISLAMABAD (June 03, 2014) – The finance ministry of Government of Pakistan yesterday published the annual Economic Survey of Pakistan for the year 2013-14. Highlights of this publication are being presented here. Click on the links below to go directly to that section: Growth and Investment Agriculture Manufacturing and Mining Fiscal Development Money and Credit Capital Markets Inflation Trade and ...

Read More »

Salient Features and Highlights of the Economic Survey of Pakistan 2012-13

ISLAMABAD (June 12, 2012) – Finance ministry of the Government of Pakistan yesterday published the Annual Economic Survey of Pakistan for the year 2012-13, salient features and highlights of which have been compiled and presented here. Click on the links below to go directly to that section: Growth and investment Manufacturing and mining Money and credit Inflation Public debt Health ...

Read More »

SECP Issues Clarification on Broker-to-Broker Trading of Same Exchange

KARACHI (March 08, 2012) – The Securities and Exchange Commission of Pakistan (SECP) has issued some clarifications regarding the transactions between the brokers of the same stock exchange and asked stock exchanges to review their respective regulations for proprietary trading to remove any anomalies/inconsistencies therein to bring them in line with the spirit of the subject directive. SECP in its ...

Read More »

NBP and Standard Chartered Bank Announce 2011 Financial Results

ISLAMABAD (March 08, 2012) – National Bank of Pakistan (NBP) and Standard Chartered Bank (SCB) have today announced financial results for the year ended December 31, 2011 according to which these banks have posted profits of Rs 17.60 billion and Rs 5.44 billion respectively. National Bank of Pakistan (NBP) had posted a profit Rs 17.56 billion last year. A statement ...

Read More »

Stay Updated with Accountancy

Get the latest accounting news and articles sent directly to your inbox

This information will never be shared with any third party.