Pakistan Revenue
KARACHI: The Sindh government has exempted the insurance services from payment of sales tax up to June 30, 2019. Sindh Revenue Board (SRB) on Wednesday issued a notification stating that with the approval of the provincial government it had exempted the insurance services (other than its related re-insurance services) from the whole of the sales […]
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ISLAMABAD: The selection committee has observed that appointment of Shabbar Zaidi without advertising the post as chairman of the Federal Board of Revenue (FBR) and Secretary Revenue Division may tantamount to contempt of court. The selection committee for the selection of the senior officers held its meeting on May 06, 2019 for and considered the […]
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KARACHI: State Bank of Pakistan (SBP) has sold treasury bills amounting Rs560 billion at cut-off yield at 11.2491 percent, much above the key policy rate of 10.75 percent. The SBP on Wednesday offered bids to auction Market Treasury Bills (MTB) of three-, six- and 12-month maturities. The SBP received bids of Rs560 billion at face […]
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ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) has offered 40 percent discount on installation charges on all new connections for a limited time period only, a statement said on Wednesday. All new connections include PTCL unlimited internet, digital quality TV & reliable telephone services that allow subscribers to get best experience. Customers can now enjoy high […]
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KARACHI: Meezan Bank, leading Islamic bank in Pakistan, has recently joined hands with Port Services Limited (PSL), Sialkot as their exclusive partner for payments & cash management services, a statement said on Wednesday. The agreement was signed by Abdullah Ahmed – Group Head Corporate & Institutional Banking, Meezan Bank and Navid Iqbal Sheikh – Director, […]
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KARACHI: Careem – the app based logistic service – has signed an agreement to provide solution to Unilever for its logistic business. A statement on Wednesday said that Careem and Unilever Pakistan have entered into a strategic partnership whereby Careem has agreed to provide an app based solution to Unilever for its logistics business. The […]
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ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday constituted a grievances redressal committee to resolve the complaints of bidders pertaining to contracts of the revenue body. In an office order issued by the FBR stated that in accordance with rule 48(1) of the Public Procurement Rules, 2004, it had constituted the grievances redressal committee comprising […]
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KARACHI: A massive resentment has been shown by the employees of Federal Board of Revenue (FBR) on nomination of a chartered accountant for top post of the revenue body. The working at the FBR is at standstill following the nomination of Shabbar Zaidi as FBR chairman by the Prime Minister two days back. The officers […]
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KARACHI: Pakistan Stock Exchange (PSX) on Wednesday issued the list of 25 top performing companies for the year 2017. Every year, the Exchange acknowledges the performance of the top companies shortlisted on the basis of comprehensive criteria, which includes (i) Capital Efficiency, (ii) Profitability, (iii) Free-Float of Shares, (iv) Transparency, (v) Corporate Governance & Investors […]
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KARACHI: The rupee made significant gain of 17 paisas against dollar on Wednesday after sufficient inflows of remittances and export receipts. The rupee ended 141.12 to the dollar from Monday’s closing of Rs141.29 in interbank foreign exchange market. The interbank foreign exchange market was initiated in the range of Rs141.28 and Rs141.35. The market recorded […]
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