Tue, 21-Oct-2025

Honda CD 70 Available on Easy Installments in September 2023

Honda CD 70

The new model features a new color option but retains the same design. The price has increased significantly, making it more expensive than some Chinese competitors. The motorcycle is still popular due to its reliable engine performance, sturdy build quality, durability, and fuel efficiency. Atlas Honda has introduced the 2024 version of its popular Honda … Read more

Petrol use surges as cars demand go up

cars

KARACHI: The demand for the automobiles in Pakistan has witnessed a significant surge in the last few years, resulting in an increase in oil consumption. In the wake of the higher oil prices in the international market, which are hovering around $100 due the recent Russia-Ukraine war, Pakistan’s foreign exchange reserves are under severe pressure. … Read more

LCCI for withdrawal of tax exemptions in Fata, Pata

LCCI

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to take notice of the misuse of tax exemptions by the industries in Fata/Pata. Talking to the heads and representatives of various trade and industrial associations, LCCI Acting President Mian Rehman Aziz Chan said that the misuse of tax exemptions in Fata/Pata … Read more

Host of issues hurting rupee stability

Rupee

KARACHI: High dollar demand for external payments, depleting foreign exchange reserves and the rising oil prices in the international market are likely to keep the Pakistani rupee under pressure, experts said. However, they brushed off speculation that the rupee may fall to 200 against the dollar. “The Federal Board of Revenue (FBR) had issued notices … Read more

LTO Karachi’s collection grows 53% in five months

LTO

The Large Taxpayers Office (LTO), Karachi has registered a sharp increase of 53 per cent during the first five months (July-November) of the fiscal year 2021/22, owing to a significant rise in the collection of both direct and indirect taxes. According to the official numbers made available to BOL News, the net collection of the … Read more

LTO Karachi registers 53% increase in July-November collection

LTO

KARACHI: The Large Taxpayers Office (LTO), Karachi has registered a sharp increase of 53 per cent during the first five months (July-November) of the fiscal year 2021/22, owing to a significant rise in the collection of both direct and indirect taxes. According to the official numbers made available to BOL News, the net collection of the … Read more

FBR formally launches export facilitation scheme

Corporate tax office

KARACHI: The Federal Board of Revenue (FBR) on Friday formally launched the Export Facilitation Scheme 2021. The FBR issued an SRO 957(I)/2021 to implement the provisions for facilitating exports from Pakistan. Previously, the tax body issued draft law on July 9, 2021, inviting feedback from the stakeholders. According to the latest SRO, the scheme would … Read more

FBR again extends tax return deadline

fbr

Federal Board of Revenue (FBR) again extended filing tax returns deadline. According to a statement released by FBR, the tax returns for sales and excise duty can be submitted according to the new deadline issued. According to the details, the deadline extension is made due to the vacations of Eid-ul-Adha. The deadline for July 2019 … Read more