Daily Archives: December 7, 2017

FBR conducts Telenor’s withholding tax audit

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ISLAMABAD: Federal Board of Revenue (FBR) has conducted withholding tax audit of Telenor Pakistan (Pvt) Limited to determine the deduction and deposit by the mobile phone service provider company.

SRB restores sales tax registration of more 13 companies

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KARACHI: Sindh Revenue Board (SRB) has restored sales tax registration of another 13 companies which were suspended on non-compliance of return filing and payment of outstanding amount, according to a notification issue don Thursday.

SECP exempts financial institutions from restriction of investment

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ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has allowed exemption to financial institutions from restrictions imposed under Companies Act 2017 related to investments in associated companies and under taking.

SBP waives cash margin requirement on two HS Codes

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KARACHI: State Bank of Pakistan (SBP) has waived the condition of 100 percent cash margin on import of goods falling under HS Codes 6310.9000 and 9506.9912.