Pakistan’s current account deficit widens by 10pc in July – August

KARACHI: Pakistan’s current account deficit has widened by 10 percent to $2.721 billion during July – August 2018 as compared with deficit of $2.477...

Taxation

Restriction imposed on reduced sales tax rate on supply of RLNG

ISLAMABAD: The government has restricted the benefit of reduced rate of sales tax on supply of Re-gasified Liquefied Natural Gas (RLNG). The imposition of...

Rupee witnesses no change against dollar

KARACHI: The rupee witnessed stability against dollar on Wednesday due to lackluster demand from importers. The rupee ended Rs124.25 to the dollar, the same closing...

Incident cuts power supply to PSX building; brokers face financial risk

KARACHI: An incident of short-circuit has cut the supply of electricity to the new building of Pakistan Stock Exchange (PSX) on Wednesday which caused...

International

Nasdaq, S&P500 and Dow jones closes third straight peak

KARACHI: Nasdaq, S&P500 and DJIA retained modest gains on Tuesday, while S&P 500 and the Nasdaq witnessed their third straight all-time high closing, amid...

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Notifications

FBR notifies transfer, postings of BS-19-20 IRS officers

ISLAMABAD: Federal Board of Revenue (FBR) on Monday notified transfers and postings of BS-19-20 officers of Inland Revenue Service (IRS) with immediate effect until...

FBR notifies transfers and posting of a bunch of IRS BS-20 officers

ISLAMABAD: Federal Board of Revenue (FBR) after a long span of time has notified transferred and posted of around 10 officers of Inland Revenue...

Jehangir Ali Shah appointed as CEO/MD Pakistan State Oil

KARACHI: The government has appointed Jehangir Ali Shah as Chief Executive Officer / Managing Director of Pakistan State Oil (PSO) for a period of...

Three BS-20 Customs officers deputed at Appellate Tribunal

ISLAMABAD: Federal Board of Revenue (FBR) on Friday transferred three senior customs officers and deputed them as Member Technical to Appellate Tribunal. The FBR said...

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