ISLAMABAD: The ministry of commerce on Friday issued Import Policy Order, 2020. The import policy order shall come into force at once. The updated import policy order can be downloaded here.
KARACHI: The stock market fell by 105 points on Friday as the market witnessed range bound trading and selling pressure. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,701 points as against 41,806 points showing a decline of 105 points. Analysts at Arif Habib Limited said that the last day of the […]
KARACHI: The Pak Rupee gained 17 paisas against the dollar on Friday on inflows of remittances and export receipts. The rupee ended Rs165.79 to the dollar from the previous day’s close of Rs165.96 in the interbank foreign exchange market. Currency experts said that the market witnessed positive sentiments due to surplus current account and sufficient […]
KARACHI: Federal Board of Revenue (FBR) has issued list of persons who are mandatorily required to get sales tax registration under Sales Tax Act, 1990. Following is the list of persons required to get sales tax registration: a. All importers b. All wholesalers (including dealers) and distributors c. Manufacturers not falling in cottage industry. {Cottage […]
KARACHI: Model Customs Collectorate (MCC) Preventive, Karachi on Thursday announced auction of motor vehicles to be held on September 28, 2020 at Anti-Smuggling Organization (ASO) Headquarter, NMB Wharf, Ghass Bandar, East Wharf, Karachi. Following vehicles to be presented for the auction: 01. Toyota Harrier Jeep, Reg. No. JAA-454, Model 1998, 2999CC, Chassis No. MCU-10-0013510 02. […]
ISLAMABAD: Banks have agreed to share information of accountholders through a solution developed by IT department of the Federal Board of Revenue (FBR), a spokesman said on Thursday. The spokesman said that the FBR and Pakistan Banks Association (PBA) have agreed on information sharing under Section 165 and Section 165A of Income Tax Ordinance, 2001. […]
ISLAMABAD: The ‘enablers’ of corruption and bribery, such as accountants, lawyers and other intermediaries, must be closely regulated, monitored and held accountable, said Prime Minister Imran Khan said on Thursday. He was addressing through video link at the Launch of the Interim Report of the High-Level Panel on International Financial Accountability, Transparency and Integrity (FACTI) […]
ISLAMABAD: Pakistan Telecommunication Authority (PTA) has asked administration of TikTok platform to block/remove immoral and vulgar content for viewership in Pakistan. In a statement issued on Thursday, the telecom authority asked TikTok platform to immediately block vulgar, inducement, immoral, nude content for viewership in Pakistan. The PTA has done so keeping in view the negative […]
ISLAMABAD: The Competition Commission of Pakistan (CCP) on Thursday raided the central office of All Pakistan Cement Manufacturers Association (APCMA) and seized suspicious record. In a statement the CCP said that as part of an enquiry launched in May 2020 to investigate the possible anti-competitive activities by the cement manufacturers, carried out a search and […]
KARACHI: The Pak Rupee gained 26 paisas against dollar on Thursday owing to better inflows and surplus current account balance. The rupee ended Rs165.96 to the dollar from previous day’s closing of Rs166.22 in interbank foreign exchange market. Currency experts said that sentiments in the market were remained positive due to surplus in current account […]