SBP to announce monetary policy on January 28

KARACHI: State Bank of Pakistan (SBP) will announce monetary policy for next two months on Tuesday, January 28, 2020, a statement said on Tuesday. Read more »

NCCPL says CGT December payment due on January 29

KARACHI: National Clearing Company of Pakistan Limited (NCCPL) on Tuesday announced date for payment of capital gain tax (CGT) for the month of December 2019. Read more »

Sales tax rates issued for retailers integrated with FBR

ISLAMABAD: Federal Board of Revenue (FBR) has issued sales tax rate for different categories of retailers, who integrated their sales with online system of the FBR. Read more »

Sales tax rate on services provided by fashion designers

KARACHI: Sindh Revenue Board (SRB) issued updated working tariff for tax year 2020 and notified sales tax rate on fashion designers. Read more »

FBR clarifies delay in track, trace system implementation

ISLAMABAD: Federal Board of Revenue (FBR) has said that implementation of track and trace system has been stayed by a court. As soon the stay is vacated by the court the process... Read more »

Pension granted total income tax exemption

ISLAMABAD: Pensioners are allowed total exemption from tax on income received as pension. Read more »

Sales tax rate on services provided by stock brokers, money changers

KARACHI: Sindh Revenue Board (SRB) has updated working tariff for tax year and notified tax rates for services provided or rendered by specified persons or businesses. Read more »

Draft return, wealth statement forms for traders finalized

ISLAMABAD: Federal Board of Revenue (FBR) has finalized simple income tax return and wealth statement for small traders, sources said on Sunday. Read more »

FBR starts phasing out final tax regime

ISLAMABAD: Federal Board of Revenue (FBR) has started phasing out final tax regime for an equitable taxation system. Read more »

Sales tax rate on services provided by property developers

KARACHI: Sindh Revenue Board (SRB) has issued updated working tariff for tax year 2020 under which 13 percent sales tax is applicable on services rendered by property developers. Read more »

Customs announces auction of used vehicles on Jan 20

KARACHI: Pakistan Customs has announced auction of used vehicles to be held on January 20, 2020 at Anti-Smuggling Organization (ASO) Headquarters, NMB Wharf, Ghas Bandar, East Wharf, Karachi. Read more »

FBR schedules meetings to address small traders’ concerns

ISLAMABAD: Federal Board of Revenue (FBR) has decided to launch a series of meetings with representatives of traders associations to address concerns of small traders, sources said on Saturday. Read more »