Author Archives: Anjali
KARACHI: Following is the detailed list of items on which State Bank of Pakistan (SBP) has imposed restriction of mandatory 100 percent cash margin at the time of Letter of Credit.
KARACHI: Federal Board of Revenue (FBR) has indicated further tightening of laws against non-filers on income tax returns in the budget 2017/2018.
KARACHI: State Bank of Pakistan (SBP) has allowed the banks to make remittances in foreign currency up to 30 percent of the Hajj package on behalf of Hajj Group Organizers (HGOs).
KARACHI: State Bank of Pakistan (SBP) has directed the banks (authorized dealers in foreign exchange) to provide information with regard to non-resident investors.
KARACHI: State Bank of Pakistan (SBP) on Friday imposed 100 percent cash margin requirement for import of motor vehicle, mobile phones, cosmetics and other consumer items.
KARACHI: Khalid Mahmood, Chairman, Sindh Revenue Board (SRB) on Wednesday said that issues between the revenue body and stakeholders will be resolved soon as the SRB is going to hold meetings separately with representatives of each sector from next week onwards.
KARACHI: The Federal Board of Revenue (FBR) will give reward to a person, who provides credible information and that is helpful in identification of a benami property or benami transaction.
KARACHI: Governor Sindh Muhammad Zubair has assured that a meeting between Karachi Chamber of Commerce and Industry (KCCI) and Chairman Federal Board of Revenue (FBR) along with other relevant officials will be called soon at Governor House in order to discuss and resolve the issues being faced by the business and industrial community of Karachi due to massive discretionary powers and constant harassment by FBR officers.
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued instructions to banks for processing of allocated export quota of 0.3 million tons of urea.