FBR issues AML/CFT guidelines for accountants to comply with FATF conditions

KARACHI: Federal Board of Revenue (FBR) has issued guidelines for accountants related to Anti-Money Laundering (AML)/Counter Financing of Terrorism (CFT) laws to comply with conditions of Financial Action Task Force (FATF). The... Read more »

Authorities seal 192 illegal pumps selling smuggled petroleum products

ISLAMABAD: The customs authorities along with other law enforcement agencies have sealed around 192 illegal fuel stations selling smuggled petroleum products, the federal cabinet was informed on Tuesday. Prime Minister Imran Khan... Read more »

Defaulting sales tax payment may liable to three-year jail

ISLAMABAD: A person fails to pay sales tax within due date or to comply with recovery order is liable to certain fine and penalty under Sales Tax Act, 1990, officials in Federal... Read more »

Stock market gains 317 points on positive sentiments

KARACHI: The stock exchange gained 317 points on Tuesday as positive sentiments prevailed during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 45,922 points as against 45,605... Read more »

Pakistan Customs announces auction of huge lot of motor vehicles on Jan 14

ISLAMABAD: Pakistan Customs has announced auction of huge lot of seized motor vehicles on January 14, 2021 at Customs House Airport road, Quetta. Following is the list of motor vehicles that would... Read more »

Rupee recovers two paisas amid payment demand

KARACHI: The Pak Rupee recovered two paisas against the dollar on Tuesday despite higher demand for import and corporate payments. The rupee ended Rs160.37 to the dollar from last day’s closing of... Read more »

SBP assures no limit to e-payment for duty, taxes

KARACHI: State Bank of Pakistan (SBP) has assured that there will be no limit to electronic payment for duty and taxes. The SBP assured this at a meeting with office bearers of... Read more »