Advance tax rates enhanced by 50pc for non-filers on motor vehicle purchase

KARACHI: The government has allowed non-filers to purchase locally manufactured motor vehicles but at the same time the advance tax rates for non-compliant taxpayers have been increased by 50 percent. Read more »

SBP urges SMEs to avail refinance benefits

KARACHI: State Bank of Pakistan (SBP) has urged Small and Medium Enterprises (SMEs) to avail refinance facilities as the central bank put in place number of refinance facilities both for purchase of... Read more »

Equity market gains 32 points in range bound trading

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended with gain of 32 points in a range bound trading activities on Wednesday. Read more »

Rupee maintains level against dollar

KARACHI: The Pak Rupee maintained level against dollar on Wednesday despite higher demand for import and corporate payments. Read more »

Return filers enjoy tax free banking transactions

KARACHI: The income tax filers have started enjoying withholding tax exemption on transactions of money through banking channels. Read more »

Duty free import of plant, machinery allowed for industrial units

KARACHI: Federal Board of Revenue (FBR) has allowed duty free import of plant and machinery by industrial and manufacturing units. Read more »