In an attempt to achieve the goals of its revenues for the current fiscal year, the federal government has increased the PLO (PL) by 18.02 rupees per liter of gasoline and 17.01 rupees per liter of high -speed diesel (HSD), since March 16, 2025. The updated oil tax is now 78.02 rupees per liter of … Read more
President Asif Ali Zardari affirmed the legal authority of the Sind Revenue Council (SRB) to impose and collect the Working Fund (WWF) in Karachi, and refused to appeal the Federal Revenue). The decision supports the previous directive of FTO, which announced that FBR had no jurisdiction to collect the Global Fund for Nature in Sindh, … Read more
The Federal Revenue Council (FBR) reviewed the regional jurisdiction to collect prior income tax on property transactions in Karachi, where he received observation responsibilities for the Regional Tax Office 1 (RTO-1), according to a notice issued by Islamabad. According to the updated judicial mandate, RTO-1 will be supervised by tax collection under Articles 236C and … Read more
ZAREA LIMITED, one of the largest B2B commodity platforms in Pakistan, was appointed to launch an initial general offer (IPO) on the Pakistani Stock Exchange (PSX) to raise at least 1 billion rupees ($ 3.59 million). The company will offer 62.5 million shares, representing 23.81 % of the paid -up capital after the primary, at … Read more
National Clearing Corporation of Pakistan Limited (NCCPL) has announced that Capital Gains Tax (CGT) for shares sold on Pakistan Stock Exchange (PSX) during October 2024 will be collected on Friday, November 29, 2024. Clearing members – brokers or entities handling trades – must ensure that they have sufficient funds in their bank accounts on this … Read more
The father of Former One Direction star Liam Payne arrived in Buenos Aires on Friday to arrange for the return of his son’s body to England, two days after the famous boy band singer fell to his death from a hotel balcony. After landing at Buenos Aires International Airport early in the morning, Geoff Payne … Read more