Daily Archives: June 10, 2017

All sectors to be catered in final budget documents: Dar

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ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar has said that all sectors of the economy will be catered in the final budget document.

SBP to issue fresh currency notes from June 12; SMS service launched

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KARACHI: State Bank of Pakistan (SBP) has launched SMS service for issuance of fresh currency notes to general public through its subsidiary SBP banking services corporation, said a statement on Saturday.

Sindh government sharply increases estimates for direct and indirect taxes collection; 34pc higher revenue projected from property tax

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KARACHI: Sindh government has estimated 26 percent higher tax revenue to Rs185.62 billion in the fiscal year 2017/2018 as compared with revised target of Rs147.39 billion in the outgoing fiscal year.

SRB expands definition of taxable services

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KARACHI: The services provided or rendered by program producers and productions houses are subject to Sindh Sales Tax. Definition of the term program is contained in the Sindh Sales Tax on Services Act, 2011, which is now being amended to include re-recording and other post-production processes (like dubbing, colouring, sub-titling and captioning).