Appraisement West Karachi announces auction of huge lot of vehicles on September 24

KARACHI: Model Customs Collectorate of Appraisement and Facilitation (West) announced auction of huge lot of vehicles schedule on September 24, 2020 to be held at Bay-West Custom House Karachi. 01. Honda/N Box,... Read more »

Consumers remain optimistic despite adverse coronavirus impact: survey

KARACHI: Despite very difficult six months marked by COVID-19 outbreak in the country, a large portion of consumers remain optimistic that the economic condition of the country will improve in coming days.... Read more »

Karachi Chamber disagrees with FBR tax collection analysis

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has expressed disagreement with the analysis released by the Federal Board of Revenue (FBR) regarding tax collection by cities and markets. Agha Shahab Ahmed... Read more »

Share market slips by 345 points on selling pressure

KARACHI: The stock market fell by 345 points on Tuesday as selling pressure witnessed across the board during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,829... Read more »

Rupee recovers 7 paisas on weak demand

KARACHI: The Pak Rupee recovered seven paisas against dollar on Tuesday owing to weak demand for import and corporate payments. The rupee ended Rs166.23 to the dollar from previous day’s closing of... Read more »

Revenue collection plunges by 16 percent during March-June COVID lockdown

ISLAMABAD: Federal Board of Revenue (FBR) has witnessed a sharp decline of 16 percent in revenue collection during four-month period (March – June 2020) as compared with same months of the last... Read more »

FBR to install surveillance cameras at factory premises

ISLAMABAD: Federal Board of Revenue (FBR) has amended sales tax rules for installing surveillance cameras at factory premises to monitor production of goods in various sectors to prevent tax evasion. The FBR... Read more »