Three new slabs added for taxation on income from property

ISLAMABAD: Three additional slabs have been added to income from property in order to generate more revenue under this head, sources in Federal Board of Revenue (FBR) said on Friday. Read more »

PSX appoints FU Hao as non-executive director

KARACHI: Pakistan Stock Exchange (PSX) has appointed FU Hao, a representative of Shanghai Stock Exchange, as non-executive member on the board. Read more »

Stock market gains 103 points amid record inflows in treasury bills

KARACHI: The stock market increased by 103 points on Friday amid record foreign inflows in debt securities. Read more »

Rupee gains nine paisas on foreign inflows in debt market

KARACHI: The Pak Rupee gained nine paisas against dollar on Friday owing to significant foreign inflows in debt market, dealers said. Read more »

Pakistan Customs assures eliminating import barriers

KARACHI: Pakistan Customs has assured commercial importers of eliminating import barriers and improve facilitations through online system WeBOC. Read more »

FBR processes refund claims with data errors under FASTER system

KARACHI: Federal Board of Revenue (FBR) on Friday said it processed refund claims with data errors under Fully Automated Sales Tax e-Refund (FASTER) system. Read more »

FBR issues list of 3,184 registered NPOs, NGOs

ISLAMABAD: Federal Board of Revenue (FBR) issued a list of 3,184 Non-Profit Organizations (NPOs) and Non-Governmental Organization (NGOs) that are registered with the tax authorities. Read more »

Sales tax rates on professional services issued

KARACHI: Sindh Revenue Board (SRB) has issued amended working tariff for tax year 2020 under which the tax rate for rendering professional services shall be at 13 percent. Read more »