Karachi: The Federal Board of Revenue (FBR) has made significant amendments to the Income Tax Ordinance, 2001, introducing the concept of minimum tax on the income of certain taxpayers, including individuals and corporate entities.
(more…)Day: January 23, 2019
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German consul general opens PSX trading
Karachi: German Consul General Eugen Wollfarth inaugurated trading at the Pakistan Stock Exchange (PSX) on Wednesday by ringing the traditional trading bell.
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Rupee strengthens by five paisas in early trading
Karachi: The Pakistani Rupee (PKR) exhibited resilience in the early hours of trading on Wednesday, gaining five paisas against the US Dollar (USD) in the wake of an eagerly anticipated economic incentive package set to be announced later today.
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Demolishing illegal buildings: Supreme Court gives one month to SBCA for submitting plan
Karachi: The Supreme Court of Pakistan (SCP) issued a significant directive on Tuesday, ordering the Sindh Building Control Authority (SBCA) to submit a comprehensive plan within one month for the demolition of illegally constructed buildings within the city.
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