Second phase of Pak-China FTA signed; two premiers witness signing ceremony

ISLAMABAD: The second phase of Pakistan China Free Trade Agreement (FTA) signed on Sunday, which was witnessed by the premiers of both the countries. Read more »

PSX recommends aligning CGT on securities with immovable properties

KARACHI: Pakistan Stock Exchange (PSX) has recommended the government to align capital gain tax (CGT) on disposal of securities with the rates of CGT with immovable properties using same slabs of holding... Read more »

FTO recommends 20 percent increase in withholding tax rates

KARACHI: Federal Tax Ombudsman (FTO) has recommended 20 percent increase in adjustable withholding taxes in order to encourage income tax return filing. Read more »

Sales Tax Act 1990: IR officers authorized to arrest fraudsters

KARACHI: The sales tax law has authorized officers of Inland Revenue to arrest persons committing fraud or any other offence. Read more »

Bank holiday announced on May 01

KARACHI: State Bank of Pakistan (SBP) announced bank holiday on May 01, 2019 on account of Labour Day as declared by the federal government. Read more »