FBR to update major initiatives under agreement with traders associations

ISLAMABAD: Federal Board of Revenue (FBR) to update major initiatives regarding small shopkeepers and traders on January 22, 2020. Read more »

Economy likely to grow better than World Bank forecast: finance ministry

ISLAMABAD: The finance ministry on Thursday said that the economy likely to grow better than forecast of World Bank. Read more »

Sale integration mandatory for retailer consuming electricity above Rs1.2 million

KARACHI: A retailer, who is consuming electricity above Rs1.2 million in a year, the online integration through point of sale has been made mandatory. Read more »

Equity market sharply gains as US-Iran war concerns subside

KARACHI: The equity market sharply increased by 1166 points or 2.8 percent on Thursday as concerns over war subsided after US president address. Read more »

FBR allows filing Annexure H for July-August 2019 to claim sales tax refund

ISLAMABAD: Federal Board of Revenue (FBR) has allowed taxpayers to submit their stock position for the period July – August 2019 up to February 15, 2020 in order to claim sales tax... Read more »

Rupee makes gain on improved inflows

KARACHI: The Pak Rupee ended with significant gain against dollar on Thursday after witnessing decline for three consecutive days. Read more »

Foreign exchange reserves flat at $18.084 billion

KARACHI: The liquid foreign exchange reserves of the country was flat at $18.084 billion by week ended January 03, 2020 as compared with $18.081 billion a week ago, the State Bank of... Read more »

FTO takes suo moto notice in pending 11,000 tax amnesty cases

KARACHI: Federal Tax Ombudsman (FTO) has taken suo moto notice in 11,000 cases related to tax amnesty scheme for tax year 2018, a tax bar said on Thursday. Read more »

Advertisement published in Sindh exempted from sales tax

KARACHI: Sales tax at 13 percent has been exempted on advertisement services rendered in Sindh, according to working tariff for 2020 issued by Sindh Revenue Board (SRB). The sales tax on services... Read more »

Committee working on providing protection to smart phone manufacturers: FBR

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday said that taxes on imported smart phones have been reduced drastically. Read more »

Rupee recovers 22 paisas in early trading

KARACHI: The Pak Rupee recovered 22 paisas against dollar in early trade on Thursday. Read more »