Business

Hafeez Shaikh directs FBR to make tax collection process further easier

By The Frontier Post | May 26, 2019

F.P. Report ISLAMABAD: Adviser to the Prime Minister on Finance, Revenue and Economic Affairs, Dr. Abdul Hafeez Shaikh here on Sunday directed Federal Board of Revenue (FBR) to make tax collection process further easier. Chairing a high-level meeting to review budget proposals, Hafeez Shaikh asked FBR to initiate measures to widen the tax base. During…

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SBP issues notification related to assets declaration scheme

By The Frontier Post | May 26, 2019

F.P. Report KARACHI: The State Bank of Pakistan issued a notification on Sunday related to the assets declaration scheme, according to which repatriation of foreign assets can be done through conversion of 10 currencies into Pakistani rupee. The notification said that a taxpayer should declare the value of their assets outside Pakistan on the Federal Board of…

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Gold prices pull back as World equities rebound

By The Frontier Post | May 25, 2019

Monitoring Desk WASHINGTON: Gold prices are modestly down in early-morning U.S. trading Friday, as global stock markets posted end-of-week rebounds from selling pressure seen Thursday. Gold and silver prices did see some safe-haven demand surface Thursday as investor and trader risk appetite shrunk. June gold futures were last down $2.40 an ounce at $1,283.10. July…

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