Crescent Star plans to bring Hollywood’s iconic Fatburger into Pakistan

KARACHI: Crescent Star Foods (Pvt) Limited has announced plans to bring Hollywood’s iconic Fatburger into Pakistan. Read more »

FBR issues draft rules for managing risks on clearance of goods, passengers

ISLAMABAD: Federal Board of Revenue (FBR) has notified draft rules for risk management system (RMS) for customs clearance of goods and passengers. Read more »

FPCCI demands immediate release of export refunds, duty drawbacks

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded the government of issuing all outstanding export refunds, rebates and duty drawbacks. Read more »

Stock market recovers 857 points on major activities in banks, E&P sectors

KARACHI: The stock market recovered another 857 points on Tuesday owing to significant activities in exploration and production (E&P) and banking sectors. Read more »

Rupee gains two paisas in interbank market

KARACHI: The Pak Rupee gained two paisas against dollar in interbank foreign exchange market on Tuesday as inflows are providing support to the local currency. Read more »

FBR explains tax treatment on foreign controlled entity by resident Pakistani

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday explained treatment of tax on foreign controlled entity by a resident Pakistani. Read more »

FBR asks banks to provide details of government securities investment

ISLAMABAD: Federal Board of Revenue (FBR) has asked banks to provide details of additional investment made into the government securities during the tax year 2019. Read more »

New shipping policy to be in vogue soon: Ali Zaidi

KARACHI: New shipping policy will be in vogue very soon and it will bring huge investment in shipping sector, Syed Ali Haider Zaidi, Federal Minister for Maritime Affairs said on Monday. Read more »

General education not taxable under training services: SRB

KARACHI: Sindh Revenue Board (SRB) on Monday said that general education services are not taxable under ‘training services’ which is introduced through Sindh Finance Act, 2019. The provincial revenue authority issued clarification... Read more »

Sindh Excise collects Rs5.7 billion in July 2019

KARACHI: Sindh Excise Department has collected Rs5.7 billion under various heads including infrastructure cess, motor vehicles, properties etc. during the months of July 2019. Read more »

Car sales plunge by 42pc in July 2019

KARACHI: Car sales have witnessed a sharp decline of 42 percent in July 2019 owing to massive depreciation in local currency and tax measures taken in the budget 2019/2020, analysts said on... Read more »

Stock market gains around 800 points on improved investors’ confidence

KARACHI: The stock market on Monday gained by around 800 points on improved confidence of investors after after significant decline during past many trading sessions. Read more »