SRB suspends sales tax registration of shipping company

KARACHI: Sindh Revenue Board (SRB) has suspended sales tax registration of a shipping company for defaulting payment and failure to file monthly returns. Read more »

Petroleum prices reduced up to Rs7 per liter

ISLAMABAD: The government has reduced prices of petroleum products up to Rs7 per liters for the month of March 2020, a notification said on Saturday. Read more »

Port Qasim advised to ensure environmental compliance in unloading soybean cargo

KARACHI: Sindh Environmental Protection Agency (SEPA) has asked Port Qasim Authority (PQA) to ensure environmental compliance while unloading soybean cargo, officials said on Saturday. Read more »

Dealers demand reviewing policy for used cars import

KARACHI: Car dealers have said that due to restrictions on import of used vehicles the business of car sales has suffered terribly and many showroom owners have shut down their businesses. Read more »

Weekly Review: Market to remain under pressure on coronavirus threat

KARACHI: Coronavirus fear to haunt the local bourses during next week as it has already dented the market badly in the outgoing week. Read more »

NBP announces 21% decline in after tax profit

KARACHI: National Bank of Pakistan (NBP) on Friday announced 21 percent decline in its annual profit for period ended December 31, 2019. The bank declared Rs15.8 billion after tax profit for the... Read more »

FBR receives 2.45 million returns for TY2019, no date extension

ISLAMABAD: Federal Board of Revenue (FBR) has received 2.45 million income tax returns for tax year 2019 till evening of February 28, 2020, which is the last date for filing the returns. Read more »

Dr. Najeebullah posted as Commissioner LTU Karachi

ISLAMABAD: Federal Board of Revenue (FBR) on Friday transferred Dr. Najeebullah, an officer of Inland Revenue Service (BS-19) as Commissioner, Large Taxpayers Unit (LTU), Karachi. Read more »

Stock market ends down by 104 points amid IMF staff-level agreement

KARACHI: The stock market fell by 104 points on Friday amid reports of Pakistan and International Monetary Fund (IMF) reached on a staff-level agreement. Read more »

Rupee ends down by two paisas against dollar

KARACHI: The Pak Rupee eased by two paisas against dollar on Friday in range bound trading activities, dealers said. Read more »