Pakistan’s foreign exchange reserves increase to $15.518 billion

KARACHI: The liquid foreign exchange reserves of Pakistan have increased by $428 million to $15.518 billion by week ended November 01, 2019, State Bank of Pakistan (SBP) said on Thursday. Read more »

IR officers oppose proposed setup of Pakistan Revenue Authority

KARACHI: Senior officers of Inland Revenue Service (IRS) has strongly opposed the formation of planned Pakistan Revenue Authority (PRA) and said it will have negative effect on revenue collection. Read more »

Stock market gains 105 points in narrow range trading

KARACHI: The stock market increased by 105 points on Thursday in a narrow band trading activities. Read more »

Rupee gains four paisas against dollar on export receipts

KARACHI: The Pak Rupee maintained its gain against dollar on Thursday and further appreciated by four paisas in interbank foreign exchange market. Read more »

FBR assigns additional charge of International Tax Operations to IRS officers

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday assigned additional charge to the officers of Inland Revenue Service (IRS) posted at Automatic Exchange of Information (AEOI) Zones of the post at International... Read more »

FBR allows raids against unregistered manufacturers, suppliers

ISLAMABAD: Federal Board of Revenue (FBR) has given go ahead to directorate of intelligence and investigation for conducting raids against manufacturers and suppliers not registered under sales tax laws. Read more »

Import of used vehicles: changes to payment of duty, taxes approved

ISLAMABAD: The government has approved changes to payment of duty and taxes system for clearance of used vehicles, which are allowed to import under three different schemes. Read more »

SECP introduces concept of trading only brokers for expanding investor base

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has introduced a concept of trading only brokers for expanding investor base at the capital market. Read more »