KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) declined by 28 points on Friday in mixed trading. The Index closed at 44,872 points as against the previous day’s closing of 44,900 points, showing a decline of 28 points. Analysts at Arif Habib Limited said that the market traded in a narrow range […]
ISLAMABAD: The headline inflation based on the Consumer Price Index (CPI) has increased by 9 per cent on year-on-year (YoY) basis in September 2021 as compared to an increase of 8.4 per cent in the previous month and 9.0 per cent in September 2020, according to data released by Pakistan Bureau of Statistics (PBS) on […]
KARACHI: State Bank of Pakistan (SBP) on Friday issued the following Karachi Interbank Offered Rates (KIBOR) on October 01, 2021. Tenor BID OFFER 1 – Week 7.21 7.71 2 – Week 7.25 7.75 1 – Month 7.30 7.80 3 – Month 7.53 7.78 6 – Month 7.90 8.15 9 – Month 8.22 8.72 1 – Year 8.44 8.94
ISLAMABAD: Federal Board of Revenue (FBR) on Friday imposed service charges on invoices issued through Point of Sales (POS) that are integrated with the FBR system.
ISLAMABAD: Finance Minister Shaukat Tarin on Friday defended the hike in prices of petroleum products effective from October 01, 2021. He said that the government was absorbing the impact of the decade’s highest price-hike at international level to provide relief to people through various measures including direct food subsidy to the poor. Addressing a news […]
KARACHI: Pakistan oil sales have increased by 26 percent Year on Year (YoY) to 1.93 million tons in September 2021 as compared with 1.52 tons in the same month of the last year, a report suggested on Friday. The same is likely to remain largely similar on a Month on Month (MoM) basis due to […]
KARACHI: The US dollar retreated against Pak Rupee (PKR) on Friday after touching a record high at Rs170.66 a day earlier, which may be attributed to the imposition of import restrictions. The rupee ended Rs170.48 to the dollar from the previous day’s closing of Rs170.66 in the interbank foreign exchange market. A day earlier, the […]
Karachi, October 01, 2021: The State Bank of Pakistan (SBP) has released the official exchange rates for Friday, October 01, 2021.
Section 218 of Income Tax Ordinance, 2001 describes service of notices and other documents. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021.
The Federal Board of Revenue (FBR) has detailed the authentication procedures for forms, notices, and other documents as per Section 217 of the Income Tax Ordinance, 2001.