Pakistan assures IMF of strengthening taxation on real estate, agriculture income

KARACHI: Pakistan has assured International Monetary Fund (IMF) of removing distortion in taxation system and strengthening taxation on real estate and agriculture income. Read more »

FBR urged to allow filing amnesty scheme declarations

KARACHI: Federal Board of Revenue (FBR) has been urged to allow those persons to file their declarations who have paid duty and taxes under amnesty scheme 2019 by due date. Read more »

FBR rescinds 42 non-operational sales tax general orders

ISLAMABAD: Federal Board of Revenue (FBR) on Monday rescinded 42 non-operational Sales Tax General Orders (STGOs). Read more »

Share market plunges by 447 points on massive selling in energy scrips

KARACHI: The share market plunged by 447 points on Monday owing to massive selling in energy scrips. Read more »

Rupee falls by 37 paisas against dollar

KARACHI: The Pak Rupee fell by 37 paisas against dollar on Monday owing to higher demand for import and corporate payments. Read more »

Reduced sales tax rates on supply of gold, jewelry imposed

KARACHI: Federal Board of Revenue (FBR) has brought gold, jewelry and other precious articles into sales tax ambit by introducing reduced rates on supplies. Read more »