Karachi Chamber demands ease in lockdown, resuming trade activities

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has demanded the government to ease lockdown and allow resumption of trade activities. In a statement Siraj Kassam Teli, Chairman Businessmen Group (BMG) and... Read more »

Headline inflation contracts to 8.5 percent in April

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) contracted to single digit i.e. 8.5 percent in April 2020 as compared with an increase of 10.2 percent in the previous month,... Read more »

SBP enhances refinancing limits for hospitals

KARACHI: State Bank of Pakistan (SBP) on Friday increased the refinancing limits for hospitals and medical centers in the background of rising cases of COVID-19 in the country and with the need... Read more »

FBR collection falls by 13.4 percent in April

ISLAMABAD: The revenue collection has registered 13.4 percent decline in April 2020 over the corresponding month of the last year, due to ongoing lockdown to contain spread of coronavirus. According to provisional... Read more »

FBR extends sales tax return filing date up to May 15

ISLAMABAD: Federal board of Revenue (FBR) on Thursday announced relief in sales tax return filing of last three months due to outbreak of coronavirus and lockdown in the country. The FBR issued... Read more »

FBR extends date to submit stock position up to May 15 for claiming refunds

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday allowed taxpayers to submit their stock position for the period July– November 2019 up to May 15, 2020 in order to claim sales tax... Read more »