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Daily Archives: July 14, 2015

Federal Board of Revenue asks banks to refund excess deduction of Withholding Tax on transactions

Islamabad, July 14, 2015 (PPI-OT): The rate of Withholding Tax on bank instruments issued out of account has been reduced from 0.6% to 0.3% till 30 -9-2015, through Presidential Ordinance dated 11.7.2015. It has been reported to FBR that some of the banks are still deducting tax on bank instrument of non-filers @ 0.6%. FBR ...

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Minister for Commerce says that draft of Strategic Trade Policy Framework 2015-18 is on final stages of its completion and will be presented to sub-committee of Cabinet very soon for further deliberations

Islamabad, July 14, 2015 (PPI-OT): Minister for Commerce, Engr. Khurram Dastagir Khan has said that the draft of Strategic Trade Policy Framework (STPF) 2015-18 is on the final stages of its completion and will be presented to sub-committee of the Cabinet very soon for further deliberations. After incorporating the recommendations of the sub-committee the draft ...

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President advises Ambassador-designate of Pakistan to Indonesia to make efforts for further enhancing collaboration and partnership between Pakistan and Indonesia

Islamabad, July 14, 2015 (PPI-OT): President Mamnoon Hussain advised Ambassador-designate of Pakistan to Indonesia to make efforts for further enhancing collaboration and partnership between Pakistan and Indonesia in various fields for mutual benefit of the two countries. The President was talking to Ambassador-designate of Pakistan to Indonesia Mr. Mohammad Aqil Nadeem who called on him ...

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