FBR allows reduced duty rates for import of certain CBU vehicles

KARACHI: Federal Board of Revenue (FBR) has allowed reduced rate of customs duty on import of certain automotive vehicles in Completely Built Units (CBUs) under Automotive Development Policy 2016-2020. Read more »

Aviation industry allowed duty free import of aircraft, spare parts

KARACHI: Federal Board of Revenue (FBR) has allowed duty free import of aviation related goods including aircraft and spare parts under National Aviation Policy 2015. Read more »

Weekly Review: PSX likely to stay positive

KARACHI: Pakistan Stock Exchange (PSX) likely to remain positive in upcoming week owing to IMF package approval and appreciation in Pak Rupee value. Read more »

FBR transfers 20 sales tax BS-18 auditors

ISLAMABAD: Federal Board of Revenue (FBR) has notified transfers and postings of 20 sales tax auditors (BS-18) with immediate effect and until further orders. Read more »

FBR asks SEPC to ensure quality financial reporting by registered companies

ISLAMABAD: Federal Board of Revenue (FBR) has asked Securities and Exchange Company of Pakistan (SECP) to ensure quality of financial reporting of registered companies. Read more »

FBR transfers 317 inspectors, IROs working in Karachi

KARACHI: Federal Board of Revenue (FBR) on Friday notified transfers and postings of 317 inspectors and Inland Revenue Officers (IROs) BS-16 working at Karachi offices with immediate effect until further orders. Read more »

FBR extends application of locally manufactured goods list up to June 2020 for exemption, concessions

ISLAMABAD: Federal Board of Revenue (FBR) has extended the application the list of locally manufacturing goods up to June 30, 2020 for the purpose of allowing concession and exemption at customs clearance... Read more »

Stock market ends down by 381 points on selling pressure

KARACHI: The stock market ended down by 381 points on Friday owing to selling pressure on the last trading of the week. Read more »