KARACHI: State Bank of Pakistan (SBP) may further raise benchmark interest rate by 2 per cent to 18 per cent from existing 16 per cent during next six months owing to high inflation, analysts said on Tuesday.
(more…)Category: Top stories
Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
-
FBR issues list of 60 retailers for mandatory tax integration
ISLAMABAD: Federal Board of Revenue (FBR) Tuesday issued a list of 60 big retailers for a mandatory integration under sales tax laws.
(more…) -
Rupee falls for 27th session to PKR 227.88 against dollar
KARACHI: Pakistani Rupee (PKR) continued a non-stop decline for last 27 sessions against the dollar owing to challenging economic situation.
(more…) -
Mari Petroleum announces gas discovery in Sindh province
KARACHI: Mari Petroleum Company Limited (MPCL) on Monday announced gas discover in Sindh province.
(more…) -
Pakistani bank penalized for frivolous litigation
ISLAMABAD: A Pakistani commercial bank has been penalized by the country’s president for filing frivolous representation.
(more…) -
Tax collection from new car registration surges 67pc to Rs19 billion: FBR
ISLAMABAD: Federal Board of Revenue (FBR) has said that income tax collection from new car registration surged by 67 per cent in fiscal year 2021-2022.
(more…) -
FBR withdraws tax audit notices sent more than once in four years
KARACHI: Federal Board of Revenue (FBR) has withdrawn tax audit notices to taxpayers, who were selected for audit once in last four years.
(more…) -
FBR records 45pc growth in payment with income tax returns
ISLAMABAD: Federal Board of Revenue (FBR) has recorded a 45 per cent growth in payment with income tax returns during fiscal year 2021-2022.
(more…) -
Thousands of fake transactions discovered in taxpayer profile; FTO orders probe
ISLAMABAD: A taxpayer has discovered thousands of fake transactions in his profile. The taxpayer moved to the Federal Tax Ombudsman (FTO) for relief after disappointment from the tax authorities.
(more…) -
Pakistan assures secure, friendly environment for Chinese investors
ISLAMABAD: Pakistan on Thursday assured a completely secure and conducive business environment for Chinese investors.
(more…)