KARACHI: The Federal Board of Revenue (FBR) has decided to take action against 35 tax defaulter companies. The companies did not pay tax on the products of billions of rupees. The products have been sold to the non-operative black list units just to evade 5% tax. The lists of tax defaulter companies have been prepared and a stern action will be taken against them.
SBP dollar purchases fall to 16-month low at $154m
KARACHI: The State Bank of Pakistan (SBP) significantly reduced its dollar purchases from the interbank foreign exchange market in May,...
