SECP softens regulatory regime for rating companies

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has softened regulatory regime for credit rating companies through amendments in the Credit Rating Companies Regulations, 2016. Read more »

Stock market sheds 28 points amid FATF announcement

KARACHI: The stock market witnessed 28 points decline on Friday amid announcement of FATF regarding Pakistan’s position. Read more »

FBR extends last date for filing sales tax, federal excise return

ISLAMABAD: The Federal Board of Revenue (FBR) on has extended the last date for filing sales tax and federal excise return for the month of September 2019. According to a notification issued... Read more »

Rupee ends down by two paisas

KARACHI: The Pak Rupee ended down by two paisas against dollar on Friday due to high demand for import payments. Read more »

FATF gives Pakistan four months to comply with action plan

ISLAMABAD: Financial Action Task Force (FATF) on Friday set a deadline of four months for Pakistan to improve action plan against laundering and terror financing. Read more »

Sellers must retain CNIC information for six years

ISLAMABAD: Sales tax registered persons selling goods are required to keep record of Computerized National Identity Card (CNIC) details for six years. Read more »

Gwadar Port ready for Afghan transit trade handling

ISLAMABAD: The ministry of commerce has said that Gwadar Port is ready for bulk cargo handling to and from Afghanistan. Read more »

Incomplete particulars to make furnished annual return invalid

KARACHI: An income tax return filed by a taxpayer will be treated as invalid if the taxpayer has failed to provide complete particulars as required in return form. Read more »

Importers require filing declaration within 10 days of goods arrival

KARACHI: Importers are required to file goods declaration within 10 days of arrival of goods at the port of entry. Read more »