Daily Archives: December 27, 2017

Bank holiday on Jan 01

KARACHI: The State Bank of Pakistan (SBP) will remain closed for public dealing on Monday, the 1st January 2018, observed as bank holiday.

FBR allows reduced income tax rate on profit from Shuhada Family Welfare Account

ISLAMABAD: Federal Board of Revenue (FBR) has granted reduced rate of income tax on profit derived against investments made in Shuhada Family Welfare Account.

Exemption from 2pc extra sales tax allowed on lubricant supply

ISLAMABAD: The Federal Cabinet on Tuesday approved exemption the levy of two percent extra sales tax on supply of lubricants.