Daily Archives: August 2, 2017

Government to raise Rs3,750bn through PIB, MTB auction for budgetary support


KARACHI: The federal government has decided to borrow Rs3,750 billion through sale of securities during next three months for budgetary support.

IR Intelligence unearths Rs576 million evasion, money laundering


KARACHI: Directorate of Intelligence and Investigation, Inland Revenue, Karachi has filed a case against an accused for evading Rs576 million and charges of money laundering.

FBR notifies withholding tax rates on rental income


KARACHI: Federal Board of Revenue (FBR) has notified withholding tax rates to be applicable on account of rent of immovable property during year 2017/2018.