FBR establishes FATF cell

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday set up a cell for compliance to actions that are required under Financial Action Task Force (FATF). Read more »

FBR issues withholding tax rates on registration of motor vehicles

ISLAMABAD: Federal Board of Revenue (FBR) has issued updated withholding tax rates on registration of new motor vehicles effective from July 01, 2019. Read more »

FBR transfers 23 inspectors to speed up action against Benami assets

ISLAMABAD: Federal Board of Revenue (FBR) has transferred 23 inspectors of Inland Revenue to newly established Benami zones in three major cities in order to speed up action against Benami assets. Read more »

Foreign exchange reserves down by $387 million to $14.486 billion

KARACHI: The liquid foreign exchange reserves of the country have declined by $387 million to $14.486 billion by week ended July 19, 2019 as compared with $15.249 billion a week ago, State... Read more »

KSE-100 index ends flat amid selling pressure

KARACHI: The stock market ended with a nominal gain of 45 points on Thursday amid selling pressure during the first half of trading. Read more »

Rupee gains 33 paisas in interbank market

KARACHI: The Pak Rupee gained 33 paisas against dollar on Thursday owing to positive sentiments prevailed following successful visit of the US by Prime Minister Imran Khan. Read more »

Pak Suzuki declares huge loss of Rs1.52 billion in first half despite multiple increases in prices

KARACHI: Pak Suzuki Motors (PSMC) has declared massive loss of Rs1.52 billion for the first half ended June 30, 2019 despite multiple increase in prices of vehicles during the period. Read more »

OGDCL announces discovery of oil and gas in Sindh

KARACHI: Oil and Gas Development Company Limited (OGDCL) on Wednesday announced discovery of oil and gas in District Sanghar of Sindh province. Read more »

FBR issues rules for filing biannual withholding statement

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday notified amendments to Income Tax Rules, 2002 under which withholding agents are required to file withholding statements biannually instead monthly. Read more »