LONDON: The UK last month posted a surplus as the government’s tax take was boosted by the first payments under a surcharge on banks introduced last year. Government income exceeded spending by ￡977 million (US$1.28 billion), compared with ￡1.17 billion a year earlier, the Office for National Statistics said yesterday. Receipts rose 3.4 percent, while spending was up 1.3 percent. Income was boosted by an 8.4 percent jump in corporation tax to ￡7.5 billion. Half of the increase was due to the Bank Corporation Tax surcharge of 8 percent.
DG Valuation revises import values for polyester yarn amid war crisis vide VR No.2069/2026
KARACHI: The Directorate General of Customs Valuation, a division of the FBR, issued Valuation Ruling No. 2069/2026 on April 16,...
