State Bank of Pakistan
KARACHI: The State Bank of Pakistan (SBP) on Tuesday announced bank holiday on August 14, 2021. The State Bank will remain closed on Saturday, August 14, 2021 on the occasion of Independence Day as declared by the government of Pakistan. The central bank through a circular informed the presidents and chief executives of all banks, […]
Section 65G of Income Tax Ordinance, 2001 has allowed tax credit for capital investment in specified industrial undertakings.
Section 65F of Income Tax Ordinance, 2001 has allowed tax credit for certain persons against their incomes.
Tax credit for establishing industrial undertaking has been clarified by the Federal Board of Revenue (FBR) to facilitate the business community.
Tax incentive for companies on purchase of machinery and expansion has been clarified by the Federal Board of Revenue (FBR).
Tax credits for various provisions of law have outlined by the Federal Board of Revenue (FBR) as explained under Section 65 of the Income Tax Ordinance, 2001.
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued following Karachi Interbank Offered Rates (KIBOR) on August 10, 2021. Tenor BID OFFER 1 – Week 6.91 7.41 2 – Week 6.95 7.45 1 – Month 7.00 7.50 3 – Month 7.15 7.40 6 – Month 7.35 7.60 9 – Month 7.45 7.95 1 – Year […]
KARACHI: Pakistan Stock Exchange (PSX) on Tuesday witnessed range bound trading activity during the day. The benchmark KSE-100 index gained 11 points to end at 47,135 points as against previous day’s closing of 47,124 points, showing an increase of 11 points. Analysts at Arif Habib Limited said that the market traded range bound with an […]
ISLAMABAD: The Federal Board of Revenue (FBR) has explained tax treatment of erstwhile FATA/PATA domiciled industries after amendment brought through Finance Act, 2021. The FBR in a circular No. 03 issued on Tuesday said a number of significant amendments have been introduced through Finance Act, 2021 in the Sales Tax Act, 1990 as applicable to […]
KARACHI: The Pak Rupee (PKR) gained 14 paisas against the dollar on Tuesday. The inflows of workers’ remittances helped the rupee to make gain. The rupee closed at Rs163.76 to the dollar in the interbank foreign exchange market. The local unit ended at Rs163.90 to the dollar a day earlier. Currency experts said that the […]