Daily Archives: August 1, 2017

SECP allows one-time relaxation to listed companies from paying dividend directly to shareholders’ bank accounts

secp

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has allowed one time relaxation to listed companies from paying dividend directly to shareholders’ bank accounts.

FBR increases sales tax on diesel, petrol

fbr

ISLAMABAD: Federal Board of Revenue (FBR) has increased sales tax rate on high speed diesel and petrol to 40 percent and 23.5 percent respectively, which will be applicable during the month of August 2017.