Daily Archives: March 7, 2017

Bank deposits fall by 4.2pc to Rs10.73 trillion


KARACHI: The deposits of the banking system have decline by 4.2 percent to Rs10.73 trillion by end of February 2017 as compared with Rs11.2 trillion when compared with December 31, 2016.

FBR to offer degree program under proposed tax school


ISLAMABAD: Federal Board of Revenue (FBR) to launch degree program under its proposed ‘National School of Taxation and Finance’ (NSTF) for tax and financial professionals in the private sector.

FBR repatriates senior customs officer from textile ministry


ISLAMABAD: The Federal Board of Revenue (FBR) has repatriated a senior lady officer of Pakistan Customs Service (PCS) from ministry of textile industry.

FBR allows tax free imports of equipment, including locally manufactured, for Lahore Orange Line Metro Train Project


ISLAMABAD: The government has allowed tax free import of equipment, including those which are being manufactured locally, to Chinese contractors for Lahore Orange Line Metro Train Project.

SECP files criminal case for price manipulation in stock market


ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has filed criminal complaint on Tuesday against a person who manipulated the price of shares of Gauher Engineering Limited (now Drekkar Kingsway Limited).