Inflation increases by 17.15pc for higher income group

KARACHI: The prices of essential items has increased by 17.15 percent for higher income group above Rs35,000, according to weekly Sensitive Price Indicator (SPI) issued by Pakistan Bureau of Statistics (PBS). Read more »

Cash withdrawal tax card: updated for Tax Year 2019

KARACHI: Federal Board of Revenue (FBR) has issued updated up to March 09, 2019 for withholding tax rate on cash withdrawal from banking system. Read more »

Weekly Review: positive sentiments to prevail in stock market

KARACHI: Positive sentiments likely prevail in the stock market during next week owing to visit of Prime Minister Imran Khan to China and arrival of IMF team to Pakistan. Read more »

Sales Tax Act 1990: IR officers empowered to summon persons

KARACHI: The sales tax laws have empowered officers of Inland Revenue to summon person in legal proceedings for evidence and produce documents. Read more »

MCC Preventive announces auction of vehicles on April 30

KARACHI: Model Customs Collectorate (MCC) Preventive, Karachi has announced public auction of confiscated vehicles to be held on April 30, 2019 at NMB WHARF, Ghasbandar, East Wharf, Karachi. Read more »

Imran Khan discusses IMF program with Christine Lagarde

ISLAMABAD: Prime Minister lmran Khan met Ms. Christine Lagarde, Managing Director of International Monetary fund (IMF) on the sidelines of the belt and Road Forum, a statement received here on Friday from... Read more »

Deduction of withholding tax on phone cards begins

ISLAMABAD: Federal Board of Revenue (FBR) has started collecting withholding tax on phone cards on Friday following the judgment of the Supreme Court of Pakistan (SCP). Read more »