Pak-Qater signs deal to provide online Takaful services to HashMove clients

KARACHI: Pak-Qatar General Takaful (PQGTL) has signed a MoU with HashMove (a global multi-modal logistics platform) to provide online Takaful coverage for cargo (Sea/Air/Warehousing & Land) for businesses in Pakistan. The purpose... Read more »

NTN mandatory for commercial transactions

ISLAMABAD: Quoting National Tax Number (NTN) is mandatory for all commercial transactions under Income Tax Rules, 2002. The Federal Board of Revenue (FBR) has issued Income Tax Rules, 2002 (updated up to... Read more »

ECC sets up committee to examine proposal of manufacturing SIM/smart cards

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday constituted a committee to examine a proposal for manufacturing of SIM/Smart-cards in the country. The meeting of the cabinet committee was... Read more »

Stock market ends down by 65 points amid lackluster investors’ response

KARACHI: The stock market fell by 65 points on Monday as investors have shown lackluster response owing to rising COVID cases. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at... Read more »

Rupee eases against dollar

KARACHI: The Pak Rupee eased against the dollar on Monday after maintaining a 23-day gaining streak. The rupee ended Rs158.17 to the dollar from last Friday’s closing of Rs158.16 in the interbank... Read more »

Tax return filing hits new peak at 2.93 million

ISLAMABAD: The filing of income tax return has reached a new peak of 2.93 million, according to the updated Active Taxpayers List (ATL) issued by Federal Board of Revenue (FBR) on Monday.... Read more »

Foreign direct investment grows by 9 percent in four months

KARACHI: The net inflow of foreign direct investment (FDI) into the country has increased by 9.1 percent to $733 million during first four months (July – October) of the current fiscal year,... Read more »

Special procedure for capital gain tax computation

ISLAMABAD: Federal Board of Revenue (FBR) has updated special procedure for computation of capital gain tax and collection of tax. The FBR issued Income Tax Rules, 2002 (Updated up to September 08,... Read more »