FBR issues draft of rules for new export facilitation scheme 2021

News Image

MG News | July 12, 2021 at 09:30 AM GMT+05:00

July 12, 2021: Federal Board of Revenue has issued a draft of rules for new Export Facilitation Scheme 2021, and sought comments from industry, exporters and other stakeholders.

According to a statement issued by FBR, the New Export Facilitation Scheme has been approved by federal government and passed by Parliament under Finance Act 2021.

This scheme will be implemented from 14th of next month, and will run parallel with existing schemes like Manufacturing Bond, Duty and Tax Remission for Exporters and Export Oriented Schemes for two years.

The existing old schemes would be phased out in next two years and fully replaced by Export Facilitation Scheme-2021.

The draft rules can be accessed at official website of FBR.

Radio Pakistan

Related News

Name Price/Vol %Chg/NChg
KSE100 175,927.74
343.88M
0.07%
124.95
ALLSHR 106,419.79
671.14M
-0.14%
-148.49
KSE30 52,615.81
89.17M
0.23%
118.13
KMI30 247,816.35
125.20M
0.20%
492.98
KMIALLSHR 68,232.70
442.45M
-0.12%
-82.56
BKTi 50,085.21
22.82M
0.30%
149.09
OGTi 34,742.63
8.07M
-0.04%
-15.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 65,330.00 65,505.00
65,165.00
145.00
0.22%
BRENT CRUDE 88.81 91.42
86.12
0.71
0.81%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.25
-1.17%
ROTTERDAM COAL MONTHLY 119.80 0.00
0.00
0.10
0.08%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 82.51 82.74
82.40
0.03
0.04%
SUGAR #11 WORLD 14.81 14.94
14.73
-0.02
-0.13%

Chart of the Day


Latest News
July 21, 2026 at 02:06 AM GMT+05:00

Govt raises HSD price by Rs5.71, cuts petrol by Rs0.35


July 20, 2026 at 06:58 PM GMT+05:00

Bank deposits surge 15% in May


July 20, 2026 at 06:42 PM GMT+05:00

Bank deposit rate falls by 29bps in Jun


July 20, 2026 at 06:23 PM GMT+05:00

Overseas investors repatriate $2.3bn in 12MFY26



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg