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Tax not being deducted on recharging of mobile credit less than Rs 500, SC told

ISLAMABAD: The Supreme Court of Pakistan was informed on Tuesday that no tax is being deducted on recharging of mobile cards of less than Rs 500. Attorney General of Pakistan Anwar Mansoor made this statement during the court hearing today. Chief Justice of Pakistan (CJP) Mian Saqib Nisar asked the attorney general about legislation to do away with surplux tax on mobile cards recharging. In his reply, the AG requested some time for materialization of the legal cover to prevent imposition of taxes on mobile cards.…

All credit of reviving international cricket goes to Army, govt: PCB

LAHORE: Chairman Pakistan Cricket Board (PCB) Najam Sethi on Sunday gave the Army and government credit for successfully holding the third and final Twenty20 International match between Pakistan and Sri Lanka in Lahore. “All thanks to Allah (SWT). Prayers of Pakistani people were answered today. It was a historic day for us as this match will pave way for other teams also to Pakistan,” he said exclusively talking to ARY News after Shoaib Malik-inspired Pakistan clean swept three-match T20 series against Sri Lanka in…

USAID helping Pakistani businesses access credit

KARACHI: The United States Agency for International Development (USAID) and Securities and Exchange Commission of Pakistan (SECP) hosted a three-day conference on non-banking finance and capital markets in Karachi which was attended by financial sector experts, government officials and business representatives.