Banks to charge Rs50 per online transactions for payment of duty,...

KARACHI: Banks will charge Rs50 per transaction for providing Over the Counter (OTC) facility through 1-Link for collection of duty and taxes. The State Bank...

Finance

IMF team likely to discuss new bailout package

ISLAMABAD: A four-member delegation of the International Monetary Fund (IMF) is scheduled to reach Islamabad tonight to discuss likely on a bailout package for...

SECP issues guidelines for AMCs to mitigate risk in collective investment...

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) on Thursday issued guidelines for asset management companies (AMCs) in order to mitigate risk associated with...

Taxation

Money & Banking

Banks to charge Rs50 per online transactions for payment of duty,...

KARACHI: Banks will charge Rs50 per transaction for providing Over the Counter (OTC) facility through 1-Link for collection of duty and taxes. The State Bank...

Rs1,000 tax for full year on salary up to Rs800,000 to implement from July 01

KARACHI: Salary persons having income up to Rs800,000 will pay only Rs1,000 for the whole...

Finance Act empowers FBR to recover regulatory duty

ISLAMABAD: Federal Board of Revenue (FBR) has been empowered to recover regulatory duty after implementation...

ECC approves extension of PM package with Rs65bn annual relief of exemption, concession during next three years

ISLAMABAD: Economic Coordination Committee of the Cabinet (ECC) on Wednesday approved extension of Prime Minister...

HOT ISSUES

Exclusive

Notifications

FBR allows performance allowance to customs officials

KARACHI: Federal Board of Revenue (FBR) has allowed performance allowed equal to 100 percent of basic pay to customs officials posted at Input Output...

Misbah-ur-Rehman made Federal Commerce Minister

ISLAMABAD: The caretaker Prime Minister has relocated the ministry of Commerce & Textile and Ministry of Industries & Production to Mian Misbah-ur-Rehman. These ministries...

Major reshuffle in top bureaucracy notified

ISLAMABAD: The caretaker government on Tuesday announced major reshuffle in top bureaucracy of the country, which also included replacing the chairman of Federal Board...

16 Customs officers of BS-19 transferred

ISLAMABAD: Federal Board of Revenue (FBR) has notified transfers and posting of BS-19 officers of Pakistan Customs Service (PCS) with immediate effect and until...

It & Telecom

Telenor Pakistan holds event to learn from failure for startups

KARACHI: Telenor Pakistan has held an event of ‘DuckStories’ with the aim to eradicate fear of failure and foster initiative and experimentations to strengthen...

Stock & Commodities

Trade & Industry

Sectoral News