MCC Peshawar announces public auction of confiscated mobile phones

ISLAMABAD: Model Customs Collectorate (MCC) Peshawar has announced public auction of confiscated mobile phones to be held on February 20, 2019. Read more »

$10bn oil refinery among 10 MoUs to be signed during visit of Saudi Crown Prince

ISLAMABAD: Around ten Memorandum of Understanding (MoUs) including one on a $10 billion Oil refinery and petrochemical complex are going to be signed with the Saudi Arabia during the visit of Saudi... Read more »

SBP’s deposit protection corp becomes member of IADI

KARACHI: The Secretariat of International Association of Deposit Insurers (IADI) has decided to admit Deposit Protection Corporation (DPC), State Bank of Pakistan as IADI Member. DPC is the 84th member of the... Read more »

Equity market ends down amid positive investment reports

KARACHI: The equity market ended down on Friday despite positive reports of investments deals on visit of Saudi Crown Prince. Read more »

Allied Bank expects interest rate increase by 200bps in CY19

KARACHI: Allied Bank Limited (ABL) is expecting increase in interest rate by 200 basis points during calendar year 2019. Read more »

Rupee makes significant gain ahead of Saudi Crown Prince visit

KARACHI: The Pak Rupee made significant gain against dollar on Friday ahead of the visit of Saudi Crown Prince, which was as per the government announcement bulk of investment treaties may be... Read more »

Advance Tax not collected on arbitrary grounds: FBR

ISLAMABAD: Advance Tax is not collected on arbitrary grounds, said Federal Board of Revenue (FBR) said on Friday. Read more »

Rupee gains in early trading on Saudi investment expectations

KARACHI: The Pak Rupee gained against dollar in early trading Friday owing to expectations of investment on visit of Saudi Crown Prince, which is scheduled on December 16, 2019. Read more »

Income Tax Ordinance 2001: Schedule for filing annual returns

KARACHI: The due date for filing annual income tax return has become important Since Federal Board of Revenue (FBR) imposed restriction of denying late filers into Active Taxpayers List (ATL). Read more »

FBR directs customs officers to join new place of posting immediately

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday directed customs officers, who were transferred on February, to join their place of posting immediately otherwise departmental action would be initiated against them. Read more »