FBR waives penalty on overstayed consignments

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday waived penal surcharges on overstayed consignments to facilitate trade community. The FBR said that the waiver had been granted in pursuance to decision taken... Read more »

Equity market gains 208 points amid buying activities

KARACHI: The equity market recovered 208 points on Tuesday due to buying activities in blue chips. Read more »

Rupee ends firmer in rang bound trading

KARACHI: The Pak Rupee ended firmer against dollar on Tuesday in a range bound trading activity. Read more »

CDC freezes shares of Ansari Sugar Mills

KARACHI: Central Depository Company of Pakistan (CDC) on Tuesday frozen ordinary shares of Ansari Sugar Mills following placement of the company on defaulter segment by Pakistan Stock Exchange (PSX). Read more »

PTCL facilitates payment for Netflix subscription

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has facilitated its customers for pay subscription of Netflix, the world’s leading internet entertainment service, in their monthly broadband bills. Read more »

Many withholding tax provisions to be abolished in budget

ISLAMABAD: The government has intended to abolish large number of withholding tax provisions in the budget. Read more »

FBR empowered to use third-party information for identifying tax dodgers: MTEF

ISLAMABAD: Federal Board of Revenue (FBR) has been empowered for using third-party information to identify tax dodgers. The Medium-Term Economic Framework (MTEF), which was launched on Monday by the Finance Minister Asad... Read more »