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fbr

FBR issues list of cities for higher withholding tax rate on marriage functions

KARACHI: Federal Board of Revenue (FBR) has notified list of major cities where organizing marriage functions will attract higher rate of withholding tax. According to...
state bank of pakistan

SBP reserves decrease $216.5mn to $10.15bn

ISLAMABAD: Foreign exchange reserves held by the central bank decreased 2.09% on a weekly basis, according to data released on Thursday. On August 10, the...
state bank of pakistan

SBP sells Rs40.44bn T-bills at 7.75 percent cut-off yield

KARACHI: State Bank of Pakistan (SBP) on Wednesday sold Rs40.44 billion treasury bills at cut-off yield of 7.75 percent above 25 basis points than...
secp

SECP holds series of awareness sessions

KARACHI: In pursuit of its cardinal Mission to foster the growth and development of the Corporate Sector, following the roll-out of the Limited Liability...
Sindh Excise, Taxation posts unprecedented growth of 7-time by collecting Rs5.66bn in July

Sindh Excise, Taxation posts unprecedented growth of 7-time by collecting Rs5.66bn in July

KARACHI: Sindh Excise and Taxation Department has posted unprecedented growth by over 7-time higher collection to Rs5.66 billion during July 2018 as compared with...
FBR

49 million account holders under FBR radar for potential taxpayers

KARACHI: Federal Board of Revenue (FBR) is set to tighten noose around 49 million bank depositors in order to find out new taxpayers. Sources told...
SBP

SBP not to apply advance payment on imports

KARACHI: Recently, the State Bank had revised the instructions relating to advance payment facility allowed to importers through Authorized Dealers and had also restricted...
pso

PSO closes another year with 20pc rise in gross revenue

KARACHI: Pakistan State Oil (PSO), the leading energy company of Pakistan, convened its Board of Management (BoM) meeting Saturday at PSO Headquarters in Karachi...
secp

SECP & APTMA to collaborate efforts to revive textile units

ISLAMABAD: SECP is committed to provide all assistance to the corporate sector in providing ease of starting and doing business and help the existing...
pia

PIA to give financial details of up to 10 years

ISLAMABAD: The auditor general on the directives of the Supreme Court of Pakistan has asked the Pakistan International Airlines (PIA) to submit its financial...
KSE

Lack of triggers keeps market in volatile phase

KARACHI: Market observed an overall sluggish trading week. Lack of triggers kept on backfoot as investor stayed sideline this resulted in lower participation volumes....