Sales tax rates have been revised for imported mobile phones. The new tax rates will also apply on local supply as well as registration of IMEI.
(more…)Day: January 24, 2019
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SBP’s forex reserves deplete by $265 million
SBP’s forex reserves have depleted by $265 million to reach $6.636 billion, according to official data released on Thursday.
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Stock market remains buoyant on reform package
Stock market has remained buoyant on reform package and made notable gain of 231 points to reach 40,289 points.
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PM directs FBR, FIA to stop harassment in amnesty scheme cases
Prime Minister Imran Khan has taken a decisive step to ensure that businessmen who availed the income tax amnesty scheme and fulfilled all codal formalities are not subjected to harassment.
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Sales tax refunds: 3-year promissory notes to bear 10 percent annual profit
Obtaining Sales tax refunds has been made easy as the government decided to issue 3-year promissory notes to bear 10 percent annual profit.
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Rupee strengthens on reform package announcement
Pakistani Rupee has strengthens against the dollar on Thursday owing to reform package announcement by the government.
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KCCI hopes reform package to boost industrialization
Karachi Chamber of Commerce and Industry (KCCI) has expressed hopes that reform package to boost industrialization.
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Finance Supplementary Bill: FBR issues salient features of customs duty regime
The FBR released crucial details on Thursday regarding the transformative changes brought to the Customs duty regime through the Finance Supplementary (Second Amendment) Bill, 2019, which was presented on January 23, 2019. These modifications are poised to impact various sectors and streamline the country’s trade policies.
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