SHC summons responsible officer from Port Qasim Authority

KARACHI: A division bench of High Court of Sindh (SHC) ordered that a responsible officer from Port Qasim Authority shall appear before the bench seized with the hearing of a property tax case. Rupali Polyesters which obtained a piece of land on rent moved the court. The counsel for plaintiff… Continue reading

KPT IS LIABLE TO PROPERTY TAX: SHC HEARS PETITION BY SINDH REVENUE BOARD

KARACHI: An appellate bench of High Court of Sindh (SHC) on Wednesday adjourned hearing of a Special Sales Tax Reference Application filed by Sindh Revenue Board against Karachi Port Trust. The counsel appearing for the KPT submitted that KPT is a federal government entity under administrative control of federation and… Continue reading

FBR to notify property value throughout the country, says Ishaq Dar

KARACHI: The Federal Board of Revenue (FBR) has been authorized to notify the valuations of the properties throughout the country including Karachi, Lahore and Islamabad, said Ishaq Dar, Federal Finance Minister in a press conference at FBR Islamabad office on Saturday. The minister announced the government has accepted the demand… Continue reading

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 be increased from tomorrow (Friday) while land developers and builders will have to pay Rs 33 per square-feet to the Federal Board of Revenue (FBR)… Continue reading