Sales tax exempted on services provided by beauty parlors
KARACHI: Sales tax has been exempted on services provided by beauty parlors or beauty clinics within the province of Sindh if their annual turnover is below Rs2.5 million.
KARACHI: Sales tax has been exempted on services provided by beauty parlors or beauty clinics within the province of Sindh if their annual turnover is below Rs2.5 million.
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday issued draft rules for filing appeals electronically from January 01, 2021. The FBR issued SRO 1262(I)/2020 to propose amendments in Income Tax Rules, 2002. According to the SRO the FBR proposed amendments to rule 70 to 70O. The draft rules are as follow: 76. Appeal to the […]
KARACHI: The liquid foreign exchange reserves of the country have increased by $467 million to $20.552 billion by week ended November 20, 2020, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were at $20.085 billion by week ended November 13, 2020. The official reserves of the SBP increased […]
KARACHI: The stock market gained 654 points on Thursday as trading activities were seen in energy sector. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,031 points as against 40,377 points showing an increase of +654 points. Analysts at Arif Habib Limited said that the market followed the momentum shown yesterday, and […]
KARACHI: The Pak Rupee ended firmer against the dollar on Thursday as inflows were sufficient to meet the demand for import and corporate payments. The rupee ended Rs159.26 to the dollar from previous day’s closing of Rs159.27 in the interbank foreign exchange market. Currency dealers said that the supply of the foreign currency was sufficient […]
KARACHI: Federal Board of Revenue (FBR) is making all out efforts to aware people in discharging their national duty by paying taxes and making true declaration of income and assets. Many volunteers have also come forward to help the tax agency in this national cause. Ghulam Mohiuddin is also one of those volunteers who realize […]
KARACHI: Foreign investors operating in Pakistan have expressed concerns over lack of attention by government authorities on protection of Intellectual Property Rights (IPRs). The concerns have been expressed in a survey conducted by Overseas Investors Chamber of Commerce and Industry (OICCI). The OICCI announced the key findings of its latest IPR Survey on Wednesday. The […]