Daily Archives: April 11, 2018

FBR urged to allow adjustment of further tax

KARACHI: Federal Board of Revenue (FBR) has been urged that suppliers should be allowed adjustment of further tax against input tax.

SBP allows Bank of China to set up CNY settlement, clearing setup in Pakistan

KARACHI: State Bank of Pakistan (SBP) has allowed Bank of China (BOC) Pakistan to establish a local Chinese Yuan (CNY) settlement and clearing setup in Pakistan.

No additional tax on telecom services in budget: Haroon Akhtar

ISLAMABAD: Haroon Akhtar Khan, Special Assistant to Prime Minister on Revenue has said that there will be no additional tax on telecom services as the government wants growth of this sector.

Highlights of four ordinances to implement PM tax reform package

KARACHI: A chartered accountant firm issued highlights to explain the tax reform package announced by the prime minister on April 05 and promulgated through four different presidential ordinances on April 08, 2018.