SBP issues customers exchange rates on August 23
KARACHI, August 23, 2021: The State Bank of Pakistan (SBP) has unveiled the latest exchange rates for customers on Monday, August 23, 2021.
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Author: Mrs. Anjum Shahnawaz
Record improvement in foreign investors’ confidence
KARACHI: The business confidence score (BSC) of foreign investors operating in Pakistan have witnessed a record improvement.
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Multan Customs auctions confiscated vehicles on Aug 26
ISLAMABAD: The Directorate of Intelligence and Investigation, Customs, Multan has announced public auction of confiscated vehicles on August 26, 2021 at state warehouse of the directorate. The directorate will auction the following confiscated vehicles: 01. Honda CRZ (Hybrid) Car, Model 2010, Registration No. LEH-7082, Chassis No. ZFI-1018503 02. Suzuki Pickup, Model Not Available, Registration No. […]
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Tax rates on purchase of motor car during 2021-2022
The Federal Board of Revenue (FBR) in Pakistan has released the updated rates of withholding tax on the purchase of motor cars for the fiscal year 2021-2022.
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FBR’s appeal in bogus sales tax refunds rejected
An appeal of the Federal Board of Revenue (FBR) has been rejected by the President of Pakistan in issuance of bogus refund cases. President Dr Arif Alvi on Sunday disposed of 42 representations of the FBR in cases of bogus sales tax invoices, worth over Rs 1.2 billion. The FBR had filed the representations with […]
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Weekly Review: market likely to stay positive
KARACHI: The stock market likely to stay positive in the upcoming week owing to falling global commodity prices and ease in coronavirus cases. Analysts at Arif Habib Limited. said that the market to remain positive in the upcoming week attributable to crashing global commodity prices and the ongoing result season which will keep specific companies […]
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Withholding tax rates on transfer of motor car ownership
The Federal Board of Revenue (FBR) in Pakistan has announced the revised rates of withholding tax applicable to the transfer of registration or ownership of motor vehicles for the fiscal year 2021/2022.
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Foreign exchange reserves inch up to $24.668 billion
KARACHI: Pakistan’s liquid foreign exchange reserves recorded a modest uptick, reaching $24.668 billion by the week ending August 13, 2021, according to the latest data released by the State Bank of Pakistan (SBP) on Friday.
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Stocks gain 341 points on investors confidence
KARACHI: The stock market gained 341 points on Friday as investors gained confidence due to stability in Afghanistan. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 47,600 points as against last trading on August 17, 2021 at 47,258 points. Analysts at Arif Habib Limited said that the market added another 341 points […]
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Taxpayers’ account numbers not linked with banks
The Federal Board of Revenue (FBR) issued a clarification on Wednesday, emphasizing that taxpayer data, including bank account numbers, exists only in an offline mode and is not linked with any banks or financial institutions.
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