ISLAMABAD: Federal Board of Revenue (FBR) has reduced sales tax rates of petrol and high speed diesel (HSD) with effect from June 1.
The FBR issued SRO 408(I)/2017 the sales tax of motor spirit excluding HOBC and HSD has been reduced to 19.5 percent from existing 20 percent. However, sales tax on HSD has been increased to 34.5 percent from existing 33.5 percent.
The sales tax on kerosene oil and light diesel oil has been maintained at zero percent.
LAHORE: Collectorate of Customs Enforcement, Anti-Smuggling Organization (ASO) of the Collectorate of Customs Enforcement Lahore has seized a large quantity...
KARACHI: The Dumpers Association has rejected the government’s proposed plan to revise petroleum product prices on a daily basis, warning...
ISLAMABAD: In a major milestone for Pakistan’s business community, the Islamabad Chamber of Commerce and Industry (ICCI) has been granted...
LAHORE: Pakistan State Oil’s (PSO) total receivables have risen to Rs908.709 billion, intensifying liquidity pressures as delayed payments from the...
