Termination of PKR 40,000 bonds leads to PKR 177.4Billion documentaries

Around Rs177 billion has been documented since the termination of Rs40,000 denomination bearer prize bonds, announced by the fiscally strapped government in June as part of its ongoing clampdown on the rampant black economic activities. According to official statistics made available to The News on Friday, the total investment in bearer prize bonds of Rs40,000 denomination fell to Rs81.38 billion by July-end 2019 as compared … Continue reading Termination of PKR 40,000 bonds leads to PKR 177.4Billion documentaries

It’s time to learn some FINANCE!

We are organising a FREE financial literacy seminar for entrepreneurs based in Islamabad. If you or someone you know would like to attend here is the link #financialliteracy #based #would #attend #someone #weare #know #entrepreneurs #seminar #link https://www.facebook.com/events/2218636961579128/?ti=icl Continue reading It’s time to learn some FINANCE!

Government announces all offices across Pakistan will be closed at 3pm on September 6

The government has decided to commemorate this year’s Defence Day on September 6 (Friday) as “Kashmir Solidarity Day” to send a message of camaraderie to the oppressed people of Indian Occupied Jammu and Kashmir. The residents of the occupied valley are living under a strict curfew and other crippling restrictions since August 4, a day before Prime Minister Narendra Modi’s government abrogated Article 370, revoking … Continue reading Government announces all offices across Pakistan will be closed at 3pm on September 6

Google was incorporated today

Google LLC is an American multinational technology company that specializes in Internet-related services and products, which include online advertising technologies, search engine, cloud computing, software, and hardware. It is considered one of the Big Four technology companies, alongside Amazon, Apple and Facebook. Google was founded in 1998 by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University in California. Together they … Continue reading Google was incorporated today

FBR RELEASES FIRST TRANCHE OF SALES TAX REFUNDS PROCESSED THROUGH FASTER SYSTEM

The first payment through FASTER module, against the refund claims for the tax period July, 2019, has been made on 2nd September, 2019, and the State Bank of Pakistan has confirmed the credit of the refund amount in the bank account of the claimant. It is highlighted that only 9 refund claims of five exporter-oriented sectors were received by Friday, the 30th August, 2019, and … Continue reading FBR RELEASES FIRST TRANCHE OF SALES TAX REFUNDS PROCESSED THROUGH FASTER SYSTEM

SECP undertakes major reforms to rejuvenate capital market and promote ease of doing business

The Securities and Exchange Commission of Pakistan (SECP) as apex regulator of the capital markets is closely monitoring the ongoing stock market situation. The SECP’s new management in a short span of time has managed to introduce a multifaceted reform agenda for the capital markets and corporate sector through extensive efforts. To ensure better coordination and encourage involvement of the stakeholders in the market reform … Continue reading SECP undertakes major reforms to rejuvenate capital market and promote ease of doing business

Inaugural Forum aims to Improve Capital Markets Development in Carec

Developing strong capital markets can help countries under the Central Asia Regional Cooperation (CAREC) improve people and businesses’ access to finance, support private sector development, as well as strengthen regional cooperation and integration, delegates at an inaugural forum on capital markets development held in Islamabad heard today. The CAREC First Capital Market Regulator’s Forum, held from 29 to 30 August, provides a platform for development … Continue reading Inaugural Forum aims to Improve Capital Markets Development in Carec

Basics you can’t ignore- BookKeeping

Millions of small business owners and startup entrepreneurs are masters at creating great products and services, building awesome teams and winning over customers. Many of them, however, would probably flunk basic bookkeeping. But if you – the business owner – don’t understand the different types of “accounts” your bookkeeper uses to organize your finances, measuring the success (or failure) of your efforts will be futile. … Continue reading Basics you can’t ignore- BookKeeping

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Finance for non-financial entrepreneurs

This free workshop helps start-ups and small business owners understand material related to business accounting and entrepreneurial finance. In this workshop, you’ll gain a basic understanding of finance, accounting and tax concepts to drive the success of your business. This workshop is worth PKR 1500, however we will be running it for free. It will run for 2 hours (5pm-7pm) on Saturday 14th September 2019 … Continue reading Finance for non-financial entrepreneurs

FBR – tax refunds for exporters within 72 hrs

The Federal Board of Revenue (FBR) is claiming that it will now pay sales tax refunds through the newly installed Fully Automated Sales Tax e-Refund (FASTER) system to exporters of five sectors within 72 hours of submission of refund claims. The Federal Board of Revenue (FBR) is claiming that it will now pay sales tax refunds through the newly installed Fully Automated Sales Tax e-Refund … Continue reading FBR – tax refunds for exporters within 72 hrs