Khurram visits PSX; holds talks with PSX top management

KARACHI: The Federal Board of Revenue (FBR) has declared 34 banks as withholding agents for the purpose of deduction and...

FCAM successfully clears 4,000 consignments: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has said that the Faceless Customs Assessment System (FCAM) cleared 4,000 consignments since...

Agriculture chemicals imports grew 4.77pc in five months of FY2024-25

ISLAMABAD: Agricultural and other chemicals imports into the country during first five months of current financial year increased by 4.77...

US top destination of Pakistani exports

ISLAMABAD: United States of America (USA) remains top export destination for Pakistani goods during fiscal year 2024, according to latest...

Sapphire Electronics signs deal to manufacture Samsung-branded products in Pakistan

ISLAMABAD: Sapphire Electronics (Pvt) Limited, a wholly owned subsidiary of Reliance Cotton Spinning Mills Limited, has signed an agreement with...

Tax evasion: Customs PCA South files FIR against M/s Fazal e Rabbi Enterprises Lasbella

KARACHI: Under the supervision of Director-General Zulfiqar Ali Chaudhary, Directorate of Post Clearance Audit (PCA) South registered a first information...

PM Shehbaz directs FBR to bring tax defaulters into tax net

LAHORE: Prime Minister Shehbaz Sharif has said that improving the performance of Federal Board of Revenue through use of technology...

Pakistan records 8pc surge in digital payments in Q1FY25: SBP

KARACHI: The State Bank of Pakistan (SBP) informed that retail payments grew by 8% in Pakistan during the first quarter...

Christmas cake cutting ceremony at Finance Division

ISLAMABAD: The Ministry of Finance, Government of Pakistan on Monday hosted a special cake cutting ceremony in connection with celebration...

CCP penalizes three dairy associations for collusive practices in fresh milk pricing

MULTAN: The Competition Commission of Pakistan (CCP) has imposed penalties on three dairy associations in Karachi for colluding to influence...

Banks to remain closed on Wednesday

KARACHI: The State Bank of Pakistan and all the banking and financial institutions will remain closed on Wednesday, December 25,...

DG TDAP, ICCI President unveil TDAP Facilitation Desk to boost trade

ISLAMABAD: The Trade Development Authority of Pakistan (TDAP) has inaugurated a new facilitation centre at the Islamabad Chamber of Commerce...

NCCPL to collect Capital Gain Tax on December 31

ISLAMABAD: The National Clearing Company of Pakistan Limited (NCCPL) announced that it will collect the aggregate amount of Capital Gain...

CDNS accomplish Rs650b in annual savings target

ISLAMABAD: The Central Directorate of National Savings (CDNS) has realized a target of Rs650 billion in fresh bonds and achieved...

Greenfield Tyre Project to boost foreign reserves, savings: Shehzad

ISLAMABAD: Advisor to Finance Minister, Khurram Shehzad says Greenfield Tyre Manufacturing Facility project has a potential to save and generate...

PTBA demands oversight of govt spending of taxpayers’ money

KARACHI: In a letter to Chairman of the Standing Committee on Finance and Revenue Syed Naveed Qamar, the Pakistan Tax...

CCP imposes penalty of Rs170m for deceptive marketing

MULTAN: The Competition Commission of Pakistan (CCP) has imposed penalties of Rs 75 million each on two manufacturers of frozen...

PRA intensifies efforts for integration of eligible restaurants with e-IMS

LAHORE: The Punjab Revenue Authority (PRA), under the directions of PRA Chairperson, has intensified its efforts to ensure the broadening...

Pakistan waives off duties on imports from Azerbaijan under new trade agreement