Daily Archives: March 15, 2018

FPCCI recommends 7pc standard sales tax rate

KARACHI: Federation Chambers of Commerce and Industry (FPCCI) has recommended reduction of standard sales tax rate to 7 percent from present 17 percent in...

KTBA elects office bearers for 2018/2019

KARACHI: Karachi Tax Bar Association (KTBA) has elected Khalid Mahmood as president for the term 2018/2019 in its 61st Annual General Meeting held on...

IMF advises raising taxes on petroleum, withholding tax for curtailing budget deficit in 2017/2018

ISLAMABAD: International Monetary Fund (IMF) has advised Pakistan for enhancing petroleum with withholding taxes for curtailing budget deficit at 5 percent during fiscal year...

Budget deficit target may be missed: adviser

ISLAMABAD: Miftah Ismail Adviser to Prime Minister on Finance on Thursday admitted that few budget targets for fiscal year 2017/2018 would be missed. “The government...

Miftah directs completing budget activities within timeline

ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail on Thursday emphasized that all budget related activities should be undertaken in accordance with the...

Peshawar customs I&I announces auction of vehicles on March 20

ISLAMABAD: Directorate of Intelligence and Investigation (Customs), Peshawar has announced public auction of confiscated vehicles on March 20, 2018 to be held at State...

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