Fixed tax scheme available only for registered builders, developers: FBR

ISLAMABAD: Federal Board of Revenue (FBR) has said that the fixed tax scheme is available to those builders and developers, who opt for the scheme by registering their projects with the FBR.... Read more »

SBP announces interest rates for affordable housing loans

KARACHI: State Bank of Pakistan (SBP) on Monday announced interest rates for loan obtained under Naya Pakistan Housing scheme. The maximum size of loan shall be Rs5 million and the loan shall... Read more »

Car sales increase by 8 percent in first quarter

KARACHI: The sales of locally manufactured cars have registered an 8 percent increase in the first quarter (July – September) 2020/2021 in Year on Year (YoY) basis due to restoration of economic... Read more »

Stock market sheds 589 points on profit booking

KARACHI: The stock market fell by 589 points on Monday as investors opted for profit booking during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,210 points... Read more »

FBR exempts sales tax on local supply of imported sugar

ISLAMABAD: Federal Board of Revenue (FBR) on Monday exempted 17 percent sales tax on domestic sale of imported sugar. The FBR issued SRO 1038(I)/2020 to comply with the government decision to allow... Read more »

Rupee makes 3 paisas gain amid significant inflows of remittances

KARACHI: The Pak Rupee made a nominal gain of three paisas against dollar on Monday amid significant rise in home remittances as reported by the State Bank of Pakistan (SBP). The rupee... Read more »

Remittances grow 31.2 percent in September: SBP

KARACHI: The inflow of workers’ remittances has registered sharp increase of 31.2 percent after making fourth consecutive month of over $2 billion received in September 2020. The State Bank of Pakistan (SBP)... Read more »

FBR opens job vacancies; invites applications for BS-01, BS-05

ISLAMABAD: Federal Board of Revenue (FBR) has invited job applications for the post of BS-1 and BS-5 at FBR headquarter. The FBR said that applications are invited from candidates having requisite education,... Read more »