General education not taxable under training services: SRB

KARACHI: Sindh Revenue Board (SRB) on Monday said that general education services are not taxable under ‘training services’ which is introduced through Sindh Finance Act, 2019. The provincial revenue authority issued clarification... Read more »

Sindh Excise collects Rs5.7 billion in July 2019

KARACHI: Sindh Excise Department has collected Rs5.7 billion under various heads including infrastructure cess, motor vehicles, properties etc. during the months of July 2019. Read more »

Car sales plunge by 42pc in July 2019

KARACHI: Car sales have witnessed a sharp decline of 42 percent in July 2019 owing to massive depreciation in local currency and tax measures taken in the budget 2019/2020, analysts said on... Read more »

Stock market gains around 800 points on improved investors’ confidence

KARACHI: The stock market on Monday gained by around 800 points on improved confidence of investors after after significant decline during past many trading sessions. Read more »

Rupee gains 34 paisas on improved foreign inflows

KARACHI: The Pak Rupee gained 34 paisas against dollar on Monday as inflows of home remittances and export receipts helped the local unit to appreciate. Read more »

Commerce ministry extends date for submitting DLTL claims

KARACHI: The ministry of commerce has extended the last date for submission /resubmission of claims of Drawback of local Taxes and Levies (DLTL). Read more »

Auction of confiscated vehicles to be held on August 20 at ASO Headquarters

KARACHI: Model Customs Collectorate (MCC) Preventive has announced auction of confiscated vehicles on August 20, 2019 at Anti-Smuggling Organization (ASO) Headquarters, NMB Wharf, Ghass Bandar, East Wharf, Karachi. Read more »