SRB extends return filing date up to June 01

KARACHI: Sindh Revenue Board (SRB) has extended the date for filing monthly sales tax return for April 2020 up to June 01, 2020. In a circular issued on Thursday, the SRB permitted... Read more »

ECC okays mobile device manufacturing policy

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved mobile device manufacturing policy. The policy is aimed at to promote local manufacturing and assembly of mobile phone handsets. The... Read more »

Foreign exchange reserves decrease by $126 million

KARACHI: The foreign exchange reserves of Pakistan have decreased by $126 million to $18.618 billion by week ended May 15, 2020. The foreign exchange reserves of the country a week ago were... Read more »

Share market ends down 96 points in mixed trading

KARACHI: The share market ended down by 96 points on Thursday in mixed trading activities. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,837 points as against 33,933 points... Read more »

No question on source of investment for construction section: FBR

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday highlighted tax relief package and said that source of investment for construction sector will not be investigated. The government recently tax relief package for... Read more »

Rupee falls by 15 paisas ahead Eid holidays

KARACHI: The Pak Rupee further eased by 15 paisas against dollar on Thursday ahead of long holidays on the occasion of Eid-ul-Fitr. The rupee closed at Rs160.92 to the dollar from previous... Read more »

FBR advised to allow examination before filing GDs

KARACHI: Federal Board of Revenue (FBR) has been advised to allow examination/ weighment should be allowed before filing goods declaration (GDs) in order to verify contents of containers. Federation of Pakistan Chambers... Read more »