LONDON: The U.K. insurance industry urged Chancellor Philip Hammond on Monday not to raise insurance premium tax when he announces the Budget on Wednesday, saying another hike in the rate would be “horribly unfair.”
The Association of British Insurers fears that Hammond may be about to raise the tax for the fourth time since November 2015 when he delivers the government statement on the country’s finances to the House of Commons. The rate has doubled from six percent to 12 percent in that time.
ISLAMABAD: FBR has revised customs values for imported sodium sulphate anhydrous, replacing valuation rules that had been in force for...
LAHORE: The Federal Board of Revenue (FBR) has agreed to refund tax collected on deemed income from immovable properties under...
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has called for Pakistan to build on recent macroeconomic stabilisation...
KARACHI: The State Bank of Pakistan (SBP) has launched the Pasban Remittance Rewards program to encourage overseas Pakistanis to send...
