All sales tax refund claims to be processed through risk management system

ISLAMABAD: Federal Board of Revenue (FBR) has said that every refund claim of sales tax refund shall be processed through Risk Management System of the FBR’s computerized system. Read more »

Abolition of SRO 1125 does not affect income tax concessions

KARACHI: The abolition of SRO 1125(I)/2011 has not taken away concessions available under income tax laws, the ministry of law and justice said in its opinion. Read more »

Customs stops goods removal from EPZ without authority

KARACHI: Pakistan Customs has stopped removal of goods from export processing zones by customs agents without authority letter of investors or importer of the EPZ. Read more »

Weekly Review: Bulls likely return on attractive levels

KARACHI: The stock market may witness bullish trends during the next week after bears dominated the current week, analysts said. Read more »

FBR lists prohibited items for import, export

KARACHI: Federal Board of Revenue (FBR) has issued list of items that are prohibited for clearance of import or export under Customs Act, 1969. Read more »