Reza Baqir appointed as SBP governor

ISLAMABAD: The federal government on Saturday appointed Dr. Reza Baqir as the governor of State Bank of Pakistan (SBP) for next three years. Read more »

FBR notifies sales tax rates on petroleum products for May 2019

ISLAMABAD: Federal Board of Revenue (FBR) on Saturday notified sales tax rates for petroleum products for the month of May 2019. Read more »

Rupee gains 20 paisas in open market on monitoring to prevent money laundering

KARACHI: The Pak Rupee gained 20 paisas against dollar on Saturday amid improved inflows in the open market and tight monitoring of law enforcement agency to prevent money laundering. Read more »

Market Review: IMF loan program to move trading pattern

KARACHI: The staff level agreement of the IMF program is expected to restore confidence of the market, analysts said on Saturday. Read more »

SBP governor, FBR chairman removed as IMF team visiting

ISLAMABAD: The federal government on Friday removed governor of the central bank and chief of the tax collecting agency in the wake of dismal fiscal position of the country and in the... Read more »

Withholding tax rates on purchase, registration of motor vehicle for Tax Year 2019

KARACHI: Federal Board of Revenue (FBR) has issued updated withholding tax rates on purchase and registration of motor vehicles. Read more »

ECC reduces sales tax on petrol by 5 percent

ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) has approved reduction of sales tax by five percent in order to provide relief to masses. Read more »