FBR launches crackdown against high-valued undeclared immovable properties

KARACHI: Federal Board of Revenue (FBR) has launched drive against high-valued transactions of immovable properties in order to unearth quantum of black money used for the purpose. Read more »

Equity market plunges by over 400 points on selling pressure

KARACHI: The equity market plunged by over 400 points on Monday due to selling pressure seen in banking scrips. Read more »

Rupee ends down against dollar on higher demand

KARACHI: The Pak Rupee ended down against US dollar on Monday owing to higher demand for import and corporate payments. Read more »

Indus Motors declares fall in half-year profit on high cost of sales

KARACHI: Indus Motors Company Limited has declared 6.13 percent decline in half yearly net profit owing to significant rise in cost of sales for the period. Read more »

Rupee continues gain against dollar in early trade

KARACHI: The Pak Rupee has continued its appreciation against the US dollar and gained 10 paisas in early trade on Monday. Read more »

Income Tax Ordinance 2001: Commissioner IR has court powers for production of taxpayers’ record

KARACHI: The tax laws have empowered Commissioner of Inland to act as a court under the Code of Civil Procedure for compelling production of records of any person. Read more »