Valuation of property; ABAD, realtors reject amendment to Income Tax Ordinance

KARACHI: The Association of Builders and Developers of Pakistan (ABAD) and the real estate sector have outrightly rejected amendment in the Income Tax Ordinance 2001… Read more

Prices of kitchen items, medicine and other to increase one per cent from Friday

KARACHI: After increasing one per cent Customs Duty of above 1400 products, the prices of medicine, tea, green tea, rice and other kitchen item would… Read more

Government rationalizes additional customs duty

KARACHI: The federal government has announced to reduce additional customs duty to 11 percent from 16 percent earlier on import of a large number of… Read more

APTMA expresses great concern over increase in custom duty

KARACHI: APTMA has expressed great concern over the callous attitude of the government in increasing the duty on import of raw cotton from 2 per… Read more

Sales tax deduction to be made through automated system from 1st July

KARACHI: Federal Board of Revenue (FBR) has developed a software for automated verification of Sales Tax Registration Number (STRN) and deduction of applicable rates of… Read more