Car import plunges by 80% in July-December

KARACHI: The import of motor cars in completely built unit (CBU) condition fell by 80 percent due to deterrence created against misuse of facility. Read more »

Biometric verification of all saving scheme investors to be conducted under FATF recommendations

ISLAMABAD: The government will conduct biometric verification of all investors of National Saving Schemes in order to make compliance with recommendations of Financial Action Task Force (FATF), a statement issued by Finance... Read more »

Customs announces auction of used vehicles on Jan 20

KARACHI: Pakistan Customs has announced auction of used vehicles to be held on January 20, 2020 at Anti-Smuggling Organization (ASO) Headquarters, NMB Wharf, Ghas Bandar, East Wharf, Karachi. Read more »

FBR schedules meetings to address small traders’ concerns

ISLAMABAD: Federal Board of Revenue (FBR) has decided to launch a series of meetings with representatives of traders associations to address concerns of small traders, sources said on Saturday. Read more »

Weekly Review: Positive sentiments likely prevail in stock market

KARACHI: Positive sentiments likely prevail in the equity market during next week owing to inflows in debt market and stable exchange rate, analysts said. Read more »

Rate of sales tax on banking services

KARACHI: Sindh Revenue Board (SRB) has issued updated working tariff for tax year 2020 which showed banks to pay 13 percent on sales tax regarding various services provided to customers. Read more »

PIA stops persons travelling on fake Canadian visas

KARACHI: The task force of Pakistan International Airlines (PIA) on Friday intercepted two passengers from Canada-bound flight following discovery of travelling on fake electronic visa. Read more »

Sales tax exemption allowed to certain personal care services

KARACHI: Sindh Revenue Board (SRB) has issued updated working tariff for tax year 2020, which showed certain sales tax exemptions are available on personal care services. Read more »