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Total: 49 results found.

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1. Credit cards business declining: State Bank
(Highlights/Business News)
... banking (RTOB) has the highest share of 89.9pc in value with 25.2pc share in volume of transactions. The number of transactions through ATMs reached over 61.7m in the quarter under review. As ...
Saturday, 12 April 2014
2. Islamic finance good alternative: SBP
(Highlights/Business News)
... ere system allows fairness of return, sharing of risk and reducing income inequalities, he said. Pakistan, he said, was amongst the first few countries that undertook the ambitious aim of Islami ...
Monday, 07 April 2014
3. FBR detects 40 fake firms
(Highlights/Business News)
Monday, 24 March 2014
4. Drive to broaden tax net gets poor response
(Highlights/Business News)
... pc. However, no action would be taken against those who paid tax along with tax returns against such immovable assets, he assured. Chief Commissioner RTO (Karachi) Rehmatullah Wazir said the FBR expe ...
Friday, 25 October 2013
5. FBR eyes billions from DHA plot sales
(Highlights/Business News)
... pc. However, no action would be taken against those who paid tax along with tax returns against such immovable assets, he assured. Chief Commissioner RTO (Karachi) Rehmatullah Wazir said the FBR expe ...
Friday, 25 October 2013
KARACHI: The Regional Tax Office (RTO) Karachi has started sending notices to around 340,000 potential taxpayers, who have commercial / industrial connections of power utilities but not in the tax data ...
Friday, 02 August 2013
7. Corruption in FBR to be checked
(Highlights/Business News)
Tuesday, 23 July 2013
Tuesday, 16 July 2013
... gional Tax Offices (RTOs) to issue notices to those persons identified by the LTU Karachi. The tax official said that the revenue body should take prompt action against those tax evaders as the  ...
Tuesday, 16 July 2013
Saturday, 15 June 2013
11. Mobile payment transactions value up by 30pc
(Highlights/Business News)
... ine branches (RTOB) services as 50 more bank branches were added to the network during the period under review. Overall 9,946 bank branches of 10,535 offer RTOB services across the country, the re ...
Thursday, 30 May 2013
12. KATI praises PML-N energy road map
(Highlights/Business News)
Tuesday, 21 May 2013
...  its efforts towards healthy fiscal measures in the country. Addressing the seminar, Aftab Ahmed, Chief Commissioner, IR-RTO Federal Board of Revenue said that there is a misconception that the reductio ...
Monday, 06 May 2013
14. US mango market may again remain out of reach
(Weekly Updates/Traders' Diary)
... for the niche die-hard Pakistani mango fans. Shipping and handling costs around dollars 22 for a two-kg carton which is too high and unless exporters are given more options for shipping and irradiation ...
Friday, 19 April 2013
15. Unusual but major reshuffle in FBR
(Highlights/Business News)
... as Member IR Operations and posted him as chief commissioner Regional Tax Office (RTO-II) Lahore. Mustafa Ashraf, who was serving as chief commissioner RTO-II has been brought back in the FBR Headquarters ...
Thursday, 18 April 2013
... 21 Regional Taxpayers Office (RTOs) were generated through the withholding regime. The same workforce should be designated for ensuring effective enforcement of withholding tax regime in all parts ...
Wednesday, 17 April 2013
LAHORE - Paraguan Ambassador to Pakistan Ausberto Rodriguez Jara Paraguay has invited textile manufacturers, hit by energy shortage in Pakistan, to invest in his country, having the cheapest electric power ...
Thursday, 11 April 2013
(Highlights/Business News)
... and income tax, held out assurance of seeking explanation from Regional Tax Office (RTO) in this regard. Talking with members of KPCCI here Friday, FTO also assured the businessmen that a report would ...
Saturday, 06 April 2013
19. Prices rangebound on cotton market
(Highlights/Business News)
... bales (about 155 kgs per bale). Brokers said in Karachi that the ready cotton market is hung on a suspended animation with a quiet undertone. Mills are said to be facing payment problems and thus liquidity ...
Friday, 05 April 2013
... on gas price in winters as well as summers, but the payment due in this regard has not been received hitherto. The PSO said that its total receivables against KESC stand at Rs 13.2 billion, of which KESC ...
Friday, 29 March 2013
21. Fraudulent sales tax refunds
(Highlights/Business News)
... verification. The disturbing report also indicated that the menace of phony sales tax refunds was more evident in regional tax offices (RTOs) as opposed to LTUs. In January of this year the FBR, cognisant ...
Wednesday, 27 March 2013
Wednesday, 27 March 2013
23. 95 fraudulent claimants get Rs 1.435 billion refunds
(Economic Updates/Pak Major Financial News)
... claimants, which have been involved in Red Alerts, or were suspended/blacklisted by the RTOs. The FBR was astonished to note that it seems as if some of these have received refunds both through ERS as ...
Monday, 25 March 2013
... igure out the impact of the implementation of this rule. The picture they came up with is bad, and it is worse for the Big Five banks that had hitherto been able to rely on a comfortable cushion of lo ...
Tuesday, 19 March 2013
25. Trusted friendship revisited: Pakistan-Indonesia
(Weekly Updates/Traders' Diary)
... needs, interests and priorities. Ultimately, some blamed a particular super power for bringing a change in Indonesia and unremittingly extending support for President Suharto to the detriment of relations ...
Monday, 18 March 2013
... revenue panel at the federal and regional levels. The trade bodies have been given representation on the cases registered with the Regional Tax Offices (RTOs) or the Large Taxpayers Units (LTUs), the sources ...
Wednesday, 27 February 2013
Tuesday, 26 February 2013
... of these projects. In addition, PPIB was allowed to undertake 90 MW Neckeherdim-Paur and 58 MW Turtonas-Uzghor hydropower projects in Chitral region through private sector investment. The minister added ...
Friday, 15 February 2013
29. E-banking transactions total Rs7.6trn
(Economic Updates/Pak Major Financial News)
... e online branches (RTOB) services; 484 more branches were added to the RTOB network in the three months. The value and volume of RTOB transactions also scaled up by 18.82 percent and 14.29 percent respective ...
Thursday, 14 February 2013
KARACHI - A large number of tax payers of Karachi district have received audit notices from RTO Karachi demanding all previous and current records under section 176 and 177 of the Income Tax Ordinance ...
Wednesday, 13 February 2013

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