Daily Archives: January 1, 2018

Customs launches online collection of Sindh stamp duty

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KARACHI: Pakistan Customs on Monday started collection of Sindh stamp duty on real-time basis through its online system WeBOC.

Tax payment made mandatory seven days ahead of amount remitting abroad

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ISLAMABAD: Federal Board of Revenue (FBR) has made it mandatory for persons making payments abroad to pay taxes seven days prior to remitting the amount to non-resident.

Petroleum, perishable prices push inflation up by 4.57pc in Dec 2017

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ISLAMABAD: The headline inflation i.e. Consumer Price Index (CPI) has increased by 4.57 percent in December 2017 over the same month last year owing to hike in prices of petroleum, education fee, perishable items and other commodities.

SRB restores sales tax registration of 10 taxpayers

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KARACHI: Sindh Revenue Board (SRB) has restored sales tax registration of 10 taxpayers, which were suspended for non-compliance of payment and mandatory filing of sales tax returns.

Sales tax imposed on supply of kerosene oil, enhanced on petrol

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ISLAMABAD: The prices of per liter kerosene oil has been increased by 11.7 percent to Rs64.32 per liter with imposition of sales tax at Rs3.64/liter, according to notification issued by Oil and Gas Regulatory Authority (OGRA) on Sunday for the month of January 2018.