Latest News

FBR to introduce ‘informers’ protection law

PAR May 8, 2015 0

ISLAMABAD: Federal Board of Revenue has decided to introduce a law to ensure the security of the informer who will inform the department about any tax...

DG Customs Valuation greeted for getting promotion in BS 21 scale

PAR May 8, 2015 0

LAHORE: Model Customs Collectorate (MCC) Lahore has greeted Director General Customs Valuation Sumaira Nazir for attaining BS 21 scale. The DG visi...

Chief Collector urges action against illegal export of turtle meat

PAR May 8, 2015 0

KARACHI: Chief Collector-Enforcement (South) Muhammad Nazim Saleem has asked the Collector-MCC Exports to take effective action against illegal export...

Budget 2015-16: FBR asked to revisit FTR

PAR May 8, 2015 0

The Tax Reform Commission (TRC) has recommended to the Federal Board of Revenue (FBR) to revisit the current scheme of Final Taxation Regime (FTR) and...

FED on beverages may be increased in budget

PAR May 8, 2015 0

The government is likely to increase federal excise duty (FED) on beverages from 6 to 9 percent in the upcoming budget (2015-16) without creating any...

ACADEMIA EMPHASIZES HIGHER ALLOCATION OF FUNDS FOR SOCIAL SECTOR

PAR May 8, 2015 0

Islamabad—A Pre-Budget Seminar on State of the “Economy and Federal Budget 2015-16 was held by Centre for Policy Studies, CIIT. Rana Muhammad Afzal Kh...

IPR suggests govt to switch gears for economy’s revival

PAR May 8, 2015 0

The Institute for Policy Reforms (IPR) has urged government to switch from a policy of stabilisation to revival of the economy in order to ease diffic...

Pakistan Weather Updates As on 7th May 2015

PAR May 8, 2015 0

Synoptic Situation: A shallow trough of westerly wave is affecting along the western border of the country and expected to move eastward in next 24h....

Budget Estimates for 2015-16 Proformas HEC

PAR May 7, 2015 0

[gview file="http://par.net.pk/wp-content/uploads/2015/05/Budget-Estimates-for-2015-16-Proformas-HEC-101-to-115.xls"]

Clerks demand 100% raise

PAR May 7, 2015 0

KARACHI: All Pakistan Clerks Association (APCA) on Tuesday held a protest demonstration outside the Karachi Press Club and demanded of the government...

General Tyre and Rubber Company

PAR May 7, 2015 0

Formed in 1964, General Tyre and Rubber Company (Gentipak) is one of the leading producers and suppliers of quality tyres in Pakistan. Originally, the...

Pakistan looks for lenders’ largesse

PAR May 7, 2015 0

ISLAMABAD: Stagnating foreign investment, repayments of foreign debts and collapsing tax machinery have increased the country’s dependence on foreign...

Tractors on subsidised rates Punjab's decision lauded

PAR May 7, 2015 0

The tractor industry has lauded Punjab government's decision to provide 10,000 tractors on subsidised rates to small farmers during FY 2015-16. The pr...

Hyderabad dry port, Sukkur division collects Rs 9.94m in March and April

PAR May 7, 2015 0

HYDERABAD: Hyderabad Dry port and sukkur division has collected Rs9.94 m revenue for March/April 2015. According to details Hyderabad and Sukkur di...

Govt decides to impose sales tax on retailers in financial year 2015-16

PAR May 7, 2015 0

LAHORE: The government has decided to impose sales tax on retailers in coming Financial Year (FY) 2015-16. At least 90 percent SROs on industries will...