ECC allows import of 300,000 tons wheat to reduce prices

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday allowed 300,000 tons of wheat to ensure sufficient supply of the commodity and reducing prices in the domestic market. Read more »

FBR clarifies delay in track, trace system implementation

ISLAMABAD: Federal Board of Revenue (FBR) has said that implementation of track and trace system has been stayed by a court. As soon the stay is vacated by the court the process... Read more »

FPCCI fears no advantage for Pakistan under Phase-II FTA with China

KARACHI: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) feared that Pakistan would not be able to take advantage of opportunities under Phase II of China Pakistan Free Trade Agreement (CPFTA-II). Read more »

Stock market declines by 420 points on selling activities

KARACHI: The stock market fell by 420 points on Monday owing to round the clock selling in the equity market. Read more »

Rupee ends down by three paisas on import demand

KARACHI: The Pak Rupee ended down by three paisas against dollar on Monday due to increase in demand for the foreign currency by importers and corporate buyers. Read more »

Pension granted total income tax exemption

ISLAMABAD: Pensioners are allowed total exemption from tax on income received as pension. Read more »

Sales tax rate on services provided by stock brokers, money changers

KARACHI: Sindh Revenue Board (SRB) has updated working tariff for tax year and notified tax rates for services provided or rendered by specified persons or businesses. Read more »