KARACHI: State Bank of Pakistan (SBP) has allowed banks to determine property valuation for extending housing loans up to Rs3 million.
KARACHI: Pakistan Stock Exchange (PSX) will soon launch web-based private market, said PSX Managing Director Nadeem Naqvi on Monday.
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has made mandatory for modaraba companies to provide information of individuals, who have made Rs10 million and above investment.
KARACHI: State Bank of Pakistan (SBP) has barred foreign recreational trips of bankers and directed banks to send their staff only on educational or training tours.
KARACHI: The inflows of Foreign Direct Investment (FDI) to Pakistan has increased by 12.4 percent to $1.6 billion during first nine months as against $1.425 billion the corresponding period of the last fiscal year, State Bank of Pakistan (SBP) said on Monday.
KARACHI: Sindh Governor Muhammad Zubair has said that a committee constituted by the Prime Minister is considering all sectors of the economy for tax amnesty scheme.
KARACHI: Karachi Tax Bar Association (KTBA) has advised the Federal Board of Revenue (FBR) that refunds should be paid as fast as recovery made by tax offices from taxpayers.
KARACHI: Federal Board of Revenue (FBR) has been urged that the highest tax slab on salaried individuals should be brought down to 25 percent from existing 30 percent.
KARACHI: The number of income tax return filers has been increased to 1.12 million for tax year 2016, according to latest weekly data issued by Federal Board of Revenue (FBR) on Monday.
KARACHI: Federal Board of Revenue (FBR) has prohibited interaction between taxpayers and Pakistan Revenue Automation Private Limited (PRAL) and directed that all the grievances of the taxpayers should be forwarded to Information Technology (IT) Wing of the FBR.