KARACHI: State Bank of Pakistan (SBP) on Friday directed all commercial banks to ensure receiving payment of duty and taxes through over the counter (OTC) channel.
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KARACHI: The equity market gained 147 points on Friday on hopes of good news on economic front.
KARACHI: The Pak Rupee fell 75 paisas against US dollar on Friday owing to higher demand for import and corporate payments.
KARACHI: The State Bank of Pakistan (SBP) on Thursday said that it noticed visually impaired persons find it difficult to recognize and distinguish amongst different Pakistani currency notes.
ISLAMABAD: Federal Board of Revenue (FBR) has summarized amendments to sales tax regime through Finance Supplementary (Second Amendment) Act, 2019 and directed the officials of Inland Revenue to take necessary action for implementation.
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday explained the amendment of Federal Excise Duty (FED) on imported and locally manufactured vehicles through Finance Supplementary (Second Amendment) Act, 2019.
KARACHI: Banks have been required to provide foreign exchange transactions in each currency to State Bank of Pakistan (SBP) on monthly basis.
KARACHI: The import of mobile phones has declined by 22.15 percent in February 2019 following imposition of mandatory registration with regulatory authority, said Pakistan Bureau of Statistics (PBS) on Saturday.
KARACHI: Any person who commits any offence under provisions of Income Tax Ordinance, 2001, he may be liable to penalty.
KARACHI: The business community has welcomed firm resolve of the government for eradicating corrupt elements from Federal Board of Revenue (FBR) to boost trust level on tax collecting agency.
KARACHI: The stock market remained in red zone on Friday owing to selling pressure and lost another 344 points on the last trading day of the week.
KARACHI: The Pak Rupee gained nine paisas against dollar on Friday owing to inflows of remittances and export receipts.