FPCCI may opt harsh decisions against proposed budgetary measures

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on has announced to take harsh decision against duty and tax measures proposed through Finance Bill, 2019. Read more »

FBR sets up Finance Bill 2019 anamoly committee

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday constituted an anamoly committee comprising tax professionals to identify legal flaws in Finance Bill 2019. Read more »

Demand, supply to decide dollar rate: SBP governor

KARACHI: The demand and supply will decide the rate of US dollar, Reza Baqir, Governor, State Bank of Pakistan (SBP) said on Monday in his maiden press conference. Read more »

KCCI seeks three month deferment for implementing unregistered buyers’ details

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Monday urged the government to defer implementation of obtaining information of unregistered buyers. Read more »

Rupee hits another historic low against dollar

KARACHI: The Pak Rupee hit another historic low after depreciation of Rs1.11 against US dollar on Monday owing to payment pressure for oil import. Read more »

Customs intelligence Karachi announces auction of confiscated vehicles on June 19

KARACHI: Customs Intelligence and Investigation has announced auction of confiscated vehicles to be held on June 19, 2019 at State Warehouse of the Directorate of Intelligence and Investigation, Karachi. Read more »

MCC Appraisement East announces auction of confiscated vehicles on June 17

KARACHI: Model Customs Collectorate (MCC) Appraisement East has announced public auction of confiscated vehicles on June 17, 2019 at Anti-Smuggling Organization (ASO) Office, Ghasbandar Kemari, Karachi. Read more »

Commissioners IR empowered to conduct audit of taxpayers every year

KARACHI: Commissioners of Inland Revenue have been empowered to conduct audit of a registered taxpayer every year after removal of restriction through Finance Bill 2019. Read more »

Commercial importers to file income returns after removal of FTR

ISLAMABAD: Commercial importers will require to file return of income and statement of assets to the tax authorities after the removal of final tax regime. Read more »

Karachi Chamber highlights budget anomalies, urges rectification

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Junaid Esmail Makda, while highlighting various Sales Tax and Income Tax anomalies unveiled in the Federal Budget 2019-2020, appealed Prime Minister Imran Khan,... Read more »

Punjab presents Rs2,300 billion surplus budget for 2019/2020

LAHORE: The Punjab government on Friday presented total outlay Rs2,300 billion budget for fiscal year 2019/2020 with Rs233 billion surplus for the fiscal year. Read more »

Sindh announces 15pc increase in salary, pension for 2019/2020

KARACHI: The Sindh government on Friday announced increase in salary and pension by 15 percent and also enhanced the minimum wage rate at Rs17,500 per month. Read more »