Daily Archives: March 12, 2018

FBR grants license for safe transportation


KARACHI: Federal Board of Revenue (FBR) has granted the tracking and monitoring license to M/s. NLC Construction Solution (Pvt) Limited for safe journey of containers for port to port movement.

Digital banking grows by 28pc to Rs11.65 trillion


KARACHI: Digital banking (e-banking) has witnessed 28 percent growth in terms of transactions in value to Rs11.65 trillion by quarter ending December 31, 2017 as compared with Rs9.1 trillion by quarter ending September 30, 2017, according to details released by State Bank of Pakistan (SBP) on Monday.

FBR withdraws sales tax zero rating of nine textile units


ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn sales tax zero rating on supply of electricity of nine textile units on the charges of misusing the facility.

SECP drafts rules for corporate search, seizure


ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has issued draft rules for search and seizure for investigating registered corporate entities in suspicious transactions and illegal activities.