The Federal Board of Revenue (FBR), in its circular, has clarified that sales tax can only be recovered from the… Read More
Power Looms and Ceramics Industries on The Verge of Collapse
During a visit to the Faisalabad Chamber of Commerce and Industry (FCCI) on Wednesday, Gujrat Chamber of Commerce and Industry… Read More
SECP Bans Two Companies Involved in Illegal Leasing Schemes
SECP has issued a sanction for filing of winding-up petition under the Companies Act, 2017 with respect to Pak Memon… Read More
Punjab Govt. to Launch App for All Sorts of Tax & Excise Payments
Punjab government has decided to launch an app for all business-to-government (B2G) and public-to-government (P2G) payments to facilitate the masses… Read More
Bullseye Group Acquires Online Retailer Symbios.pk
Bullseye Group has acquired Symbios.pk, a leading e-commerce company from Pakistan. The acquisition of the brand name, trademark, and domain… Read More
Sellers Will Now Need Buyer’s CNIC for Transactions Over Rs. 50,000
The Federal Board of Revenue has issued a notification declaring that a Computer National Identity Card (CNIC) is mandatory for… Read More
Pakistan Needs to Mobilize Tax Revenue & Reduce Debt: IMF
After a meeting with Pakistani Prime Minister Imran Khan, the acting director of the International Monetary Fund said on Sunday… Read More
Govt’s Current Account Deficit Reduction in FY19 Was More Than the IMF Bailout Package
The current account deficit has recorded a massive reduction of $6.3 billion in the closing financial year 2018-19 mainly due… Read More
SBP Increases Interest Rate by 100 bps to 13.25%
State Bank of Pakistan (SBP) has continued its tight monetary measures with a fresh increase of 100 basis points on… Read More
Pakistan’s GDP Growth Rate Remained at 3.3% in FY19: SBP
Pakistan’s GDP grew by 3.3 percent in the closing financial year 2018-19 amid tough economic scenario and introduction of structural… Read More
Pakistanis Remitted $21 Billion in FY 2018-19: SBP
Remittance inflows received from overseas Pakistanis broke another record, reaching $21 billion for the financial year 2018-19. According to the… Read More
SECP Refutes Press Reports Regarding Crackdown Against Companies
The Security and Exchange Commission of Pakistan (SECP), on Tuesday, refuted press reports regarding crackdown against companies for recovery of… Read More
