Car imports fall by massive 38.34 percent after strict checks on concessionary schemes

KARACHI: The import of motor cars has sharply declined by 38.34 percent during first eight months of current fiscal year due to certain government checks on preventing misuse of allowed schemes. The... Read more »

Rupee ends down by 20 paisas in open market

KARACHI: The Pak Rupee ended down by 20 paisas against dollar in open market owing to week-end demand. Read more »

Difficult time for people not in tax net: FBR chairman

KARACHI: The chairman of Federal Board of Revenue (FBR) Mohammad Jehanzeb Khan on Saturday said that difficult time has started for those having taxable income but still out of tax net. Read more »

FBR recovers Rs1.85 billion from tax evaders: Jehanzeb Khan

KARACHI: Mohammad Jehanzeb Khan, Chairman, Federal Board of Revenue (FBR) on Saturday said that the revenue body recovered Rs1.85 billion from tax evaders. Talking at Federation of Pakistan Chambers of Commerce and... Read more »

Weekly Review: market to stay range bound on delay in IMF program

KARACHI: The equity market likely to stay range bound next week due to delay in the IMF agreement, analysts said on Saturday. Read more »

SRB suspends registration of logistic company on tax evasion

KARACHI: Sindh Revenue Board (SRB) has suspended sales tax registration of a logistic service provider based in Islamabad for alleged tax evasion. Read more »