Sales tax rates for services rendered on sale, purchase of immovable properties

KARACHI: Sindh Revenue Board (SRB) has issued sales tax rate for service provided on sale and purchase of immovable properties within the province. Read more »

FBR directs withholding agents to clearly mention CNIC of non-ATL persons

KARACHI: Withholding agents have been directed to clearly mention the Computerized Identity Card Number (CNIC) of persons whose amounts have been withheld under various transactions. Read more »

Equity market falls by 214 points on political uncertainty

KARACHI: The equity market fell by 214 points on Wednesday owing to political uncertainty as allies of ruling party are showing disapproval. Read more »

Worst weather halts flight operation at Skardu Airport

KARACHI: Worst weather conditions have halted flight operations at the world’s highest airports i.e. Skardu Airport, a statement said on Wednesday. Read more »

Rupee gains seven paisas on inflows

KARACHI: The Pak Rupee gained seven paisas against dollar on Wednesday owing to inflows of export receipts and workers remittances, dealers said. Read more »

Income tax return filing hits new record high

KARACHI: Income tax return filing has increased to a new record high of 2.76 million as people making compliance to avoid 100 percent additional tax on persons not appearing on Active Taxpayers... Read more »

Uniform income tax rate applied on dividend income

ISLAMABAD: The income tax rates on dividend income on various shares of companies have been increased to make an uniform rate applicable for tax year 2020 and onwards. Read more »