Another tax amnesty scheme amid claims to bring back looted money

ISLAMABAD: The tall claims of present ruling party for bringing back looted money into the kitty are fading away as the PTI government is introducing a tax amnesty for looter and plunderers. Read more »

KSE-100 declines by 319 points on selling pressure

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) witnessed decline of 319 points on Tuesday owing to selling pressure. Read more »

Rupee ends down by 21 paisas in interbank

KARACHI: The rupee depreciated by 21 paisas against dollar on Tuesday owing to hike in policy rate and petroleum products. Read more »

High Speed Diesel July- March sales hit decade low

KARACHI: The sales of High Speed Diesel (HSD) have declined to decade low due to slowdown in economy, analysts said on Tuesday. Read more »

UBL decides sale of its Tanzania operation for $3.96 million

KARACHI: United Bank Limited (UBL) has decided to sale of its Tanzania operation at the sale price of $3.96 million to Exim Bank Tanzania Limited. Read more »

Rupee falls to Rs141.05 against dollar in interbank early trade

KARACHI: The Pak Rupee depreciates by 16 paisas against US dollar in early trade on Tuesday owing to reports of IMF conditionalities for new loan program. Read more »

Sales Tax Act, 1990: collection of excess sales tax

KARACHI: A person is required to pay sales tax, which was collected under misapprehension of any provision of the act and was not collectable or in excess of tax. Read more »

FBR notifies Benami zones for initiating cases across country

ISLAMABAD: Federal Board of Revenue (FBR) on has constituted three zones at major cities for initiating cases in Benami transactions across the country. Read more »

Prime Minister directs to ensure security, commodity availability during Ramzan

ISLAMABAD: Prime Minister Imran Khan on Monday directed interior ministry and all provincial governments to ensure security and availability of commodities during the holy month of Ramzan. Read more »

Pakistan Customs surpasses revenue target, collects Rs510.11bn in nine months

KARACHI: Pakistan Customs has surpassed the target by collecting Rs510.11 billion as duty during July – March 2018/2019, said a statement on Monday. Read more »