The new income tax returns form under the Income Tax Act, 2025, will be issued before the 2027-28 financial year, according ...

The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

The Times of India introduces 'Hack of the Day,' offering simple, practical solutions for everyday challenges to save time, ...

From higher-than-estimated earnings and a $1.1 billion individual donor, here are five interesting financial figures from ...

Income tax filing is set to get easier as taxpayers can view tax-related information on the various incomes at one place in the annual information statement (AIS). Part B delves deeper into your ...

ISLAMABAD: Federal Tax Ombudsman Dr. Asif Jah has ordered an investigation against the Federal Board of Revenue (FBR) for secretly altering the Wealth Statement format for Tax Year 2025 in the last ...

While net profit is a key profitability indicator, it doesn't reflect liquidity. Many profitable companies face negative cash flow, while some loss-making firms have positive cash flow due to accrual ...

You don’t need to be a CPA to understand your company’s financial health. You just need to know where to look. That starts with the income statement—also known as the profit and loss (P&L) ...

The SFT information is required to be uploaded in a data file. Reporting entities are required to prepare the data file in a prescribed format from their internal system. An excel-based report ...

A company’s long-term success hinges on its financial health. In a competitive market, stable companies may come out on top while unstable companies can struggle to survive. One of the clearest ways ...

The PGA Tour has officially announced its decision to eliminate the starting strokes at the season-ending TOUR Championship. This change will take effect immediately, meaning that in the 2025 edition ...