FBR to collect FED on steel products, rescinds sales tax notification

KARACHI: The government has decided to collect federal excise duty from steel products instead of sales tax. In this regard the Federal Board of Revenue (FBR) has issued 992(I)/2019 dated September 04,... Read more »

Salary tax slabs for filing returns tax year 2019

KARACHI: The salaried person shall follow the following slabs for filing income tax returns for tax year 2019 which is due on September 2019. Read more »

Insurance sector growth continues; assets increase to Rs1,207 billion

KARACHI: The assets for the Life Insurance sector grew by 11.92 percent to Rs1,207 billion for CY18 as life insurers increased their Total Investments by 13.52 percent to Rs997 billion; investments now... Read more »