SRB suspends sales tax registration of Cyber Internet Services

KARACHI: Sindh Revenue Board (SRB) has suspended sales tax registration of M/s. Cyber Internet Services (Private) Limited for making short payment on telecom services. Read more »

Amnesty granted to government employees concealing service in passports

ISLAMABAD: The federal cabinet has approved an amnesty for government employees, who concealed their government service in their passports. Read more »

SBP launches financing facilities for disable persons

KARACHI: State Bank of Pakistan (SBP) on Tuesday launches a concessionary Small Enterprise Financing and Credit Guarantee Facility for special persons. Read more »

Standard Chartered Bank Pakistan allowed Chinese Yuan clearing, settlement

KARACHI: State Bank of Pakistan (SBP) has allowed Standard Chartered Bank, Pakistan to establish local Chinese Yuan Renminbi (CNY) clearing and settlement setup in the country. Read more »

Equity market falls by 240 points in dull trading

KARACHI: The equity market fell by 240 points on Tuesday as dull trading activities prevailed during the day. Read more »

Rupee unchanged against dollar

KARACHI: The Pak Rupee was remained unchanged against dollar on Tuesday in a range bound trading activity. Read more »

NCCPL to collect capital gain tax on March 29

KARACHI: The National Clearing Company of Pakistan Limited (NCCPL) on Tuesday said that it will collect Capital Gain Tax (CGT) on disposal of shares for February 2019 on March 29, 2019. The... Read more »

FBR extends last date for submitting customs proposals for budget 2019/2020

ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for submitting customs related budget proposals for 2019/2020. Read more »

Income Tax Ordinance 2001: advance tax on electronic media, cable operators

KARACHI: Electronic media and cable operators are required to pay adjustable advance tax at the time of obtaining new license or renewal of license. Read more »

Asad Umar reviews revenue collection, broadening of tax base

KARACHI: Finance Minister Asad Umar on Monday reviewed the revenue collection progress and ongoing drive of broadening of tax base at a meeting with senior officials of Federal Board of Revenue (FBR). Read more »