Author: Finperial

'Finperial' is a financial planning firm dedicated to helping startups and women entrepreneurs with financial management, personal wealth management, analyses and tax solutions through expertise provided by qualified professionals.
FBR, News, Pakistan

FBR officials unearth invoices scam from Faislabad

Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi on Tuesday lauded an FBR Faisalabad team for unearthing “a big fake and flying invoices scam” and arresting two businessmen involved in it. “Congratulate FBR Faisalabad team for unearthing a big fake and flying invoices scam. Two people are in custody after remand,” he tweeted. Warning people against indulging in such activities, he said automation has … Continue reading FBR officials unearth invoices scam from Faislabad

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Economy, News

Mobile contactless payments with Gemalto, Visa now available with UBL

UBL is the first bank in Pakistan who has partnered up with Gemalto, Visa and 1LINK to launch digital payment through tokenisation on the UBL Digital App. The aim is to offer traditional payment services into convenient, secure and rewarding digital payment experiences. With this ambition in mind, UBL will enable its customers to enjoy the freedom and convenience of secure payments, via the bank’s … Continue reading Mobile contactless payments with Gemalto, Visa now available with UBL

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Pakistan, Power

Government should lower electricity tariffs in winters. Here’s why.

If consumption in winter increases, power cost can come down Energy costs and tariffs have been increasing and may further go up. There is a need to explore ways and means for reducing these, wherever a reasonable opportunity exists. There is some scope in increasing various kinds of efficiencies and reducing various kinds of leakages and losses. Electricity cost and tariff can be brought down … Continue reading Government should lower electricity tariffs in winters. Here’s why.

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FBR, News

Shabbar Zaidi Happy with the Tax Reforms

The government’s reforms to mobilise tax revenue are bearing fruit, says Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi. Speaking to Pakistan Tehreek-i-Insaf (PTI) vice president Zahid Hussain Kazmi, he said the FBR succeeded in achieving 90 per cent of tax collection target for the first quarter of the ongoing fiscal year as Rs920 billion have been collected in taxes thus far. During the … Continue reading Shabbar Zaidi Happy with the Tax Reforms

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Bookeeping, Finance, Small Business, Startup

Are you Poisoning your Business?

When it comes to your business, you’re the one who knows how it runs. You’re the one who’s been there from the beginning, and it’s your vision and guidance that has built it to the point it’s reached and paid the groundwork for the future. And the day-to-day in and out of the company is the same. Everything has to run according to the master … Continue reading Are you Poisoning your Business?

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FBR, Finance, News

FBR given 10 Days to solve purchase over 50k CNIC issue

Chairman of the Senate Standing Committee on Commerce and Textile Industry, Senator Mirza Muhammad Afridi, has directed the FBR to solve the issue of NICs being needed for purchases of over Rs 50,000. Speaking at a meeting of the standing committee, Afridi observed that NIC condition has shaken the foundations of the economy, and directed chairman FBR to find an acceptable solution within ten days. … Continue reading FBR given 10 Days to solve purchase over 50k CNIC issue

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China, CPEC, Economy, Global

Pro- and anti-Huawei spheres – China and Technology

Soon after it was reported in September that NTT Docomo, Japan’s largest mobile carrier, would not offer phones from Huawei Technologies for use on its 5G network, the Chinese corporation announced its new products would ship without Google applications. These moves clearly point to the coming of a technologically divided world. The U.S. in May blacklisted Huawei due to national security concerns, imposing restrictions on … Continue reading Pro- and anti-Huawei spheres – China and Technology

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Bitcoin, Finance, News

A Serious BITCOIN Rival Warning – Tim Cook, Apple CEO

The bitcoin price leaped around 200% over the first six months of the year largely due to social media giant Facebook’s now crumbling plans to launch its own private bitcoin rival, libra. Meanwhile, iPhone-maker Apple raised eyebrows last month when one of its executives said it’s “watching” cryptocurrencies, but Apple chief executive Tim Cook has now poured water on expectations it could be planning its … Continue reading A Serious BITCOIN Rival Warning – Tim Cook, Apple CEO

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FBR, Finance, News

FBR launching aggressive campaign to get industrial commercial consumers registered for income tax

The Federal Board of Revenue (FBR) is all set to launch an aggressive campaign from October 15, 2019 to get industrial and commercial consumers registered for income tax. Chairman FBR, Syed Shabbar Zaidi, in a tweet on Friday said that all industrial and commercial consumers were must be registered for income tax purposes. The FBR chairman said that the board had been using persuasive modus … Continue reading FBR launching aggressive campaign to get industrial commercial consumers registered for income tax

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Finance, Finance Facts

World’s Highest ATM

The world’s highest ATM is located in Pakistan. The world’s highest ATM of National Bank of Pakistan at the Pak-China border. ATM stands for Automated Teller Machine, and it refers to an electronic device that allows customers of a particular financial institution to carry out financial transactions. The transaction that a customer can perform includes funds transfer, cash withdrawal, and obtaining account information at any … Continue reading World’s Highest ATM

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