FTO summons FBR members for not taking action against persons involved in selling NCP products
ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Member Operations-IR and Member Customs Operations Federal Board of Revenue (FBR) on...
Saudi delegation’s visit a significant milestone in bilateral ties: President ICCI
ISLAMABAD: Nasir Mansoor Qureshi, President Islamabad Chamber of Commerce and Industry has commended the recent visit of a high-level Saudi...
Govt to repeal income tax exemptions for non-profits, introduce tax credits
MULTAN: In a pivotal move aimed at overhauling the tax framework, the government has announced the repeal of remaining income...
Pakistan Single Window partners with FTSL to enhance trade price verification for banks
MULTAN: In a strategic collaboration, Pakistan Single Window (PSW) has teamed up with Fintech Transformation Services (Private) Limited (FTSL) to...
Pakistan to pay $30b in external debt in FY25: SBP
KARACHI: Pakistan faces a significant challenge with foreign debt repayments reaching $30.35 billion in FY25. The upcoming year (August 2024...
FBR denies any further extension in returns filing deadline
ISLAMABAD: The Federal Board of Revenue (FBR) denied the possibility of further extension in the returns filing deadline. FBR spokesperson,...
Govt to privatize 24 SOEs during next five years
ISLAMABAD: The federal government after getting the nod from the cabinet finalized a list of 24 state-owned entities which will...
FinMin Aurangzeb highlights Chinese investments in Pakistan
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb highlighted China’s significant investments in Pakistan, particularly in the China-Pakistan...
ADB appoints new country director for Pakistan
ISLAMABAD: The Asian Development Bank (ADB) has appointed Xiaoqin (Emma) Fan as its new Country Director for Pakistan. As Country...
FBR offices to remain open till midnight today
ISLAMABAD: The offices and field formations of the Federal Board of Revenue (FBR) will remain functional till 12 am tonight...
Karachi LTO collects Rs680b in 1QFY25
KARACHI: The Large Taxpayers Office (LTO) collected a staggering Rs 680 billion during the first quarter (July-September) of the fiscal...
ICCI to foster business growth, job creation: Nasir Qureshi
ISLAMABAD: Nasir Mansoor Qureshi, President Islamabad Chamber of Commerce and Industry (ICCI) has reaffirmed the organization’s commitment to supporting the...
Petrol prices likely to increase by Rs2.75 per litre
ISLAMABAD: The price of petroleum products in Pakistan is expected to rise by Rs2.75 per litre, as the Oil and...
FBR to increase immovable property valuation by up to 75pc
LAHORE: The Federal Board of Revenue (FBR) has decided to increase property valuations by up to 75 percent. Property valuations...
Karachi Enforcement recovers smuggled skimmed milk powder worth Rs53m from SITE Area
KARACHI: Collectorate of Customs Enforcement recovered 73.75 tons of smuggled goods from a godown located on Fakhruddin Valika Road SITE...
SHC directs to release goods imported by M/s Faisalabad Oil Refinery after paying disputed amount
KARACHI: Sindh High Court (SHC) customs appellate bench directed to release goods imported by M/s Faisalabad Oil Refinery after paying...
Collector Imran Bukhari to conduct probe regarding smuggling of solvent oil
ISLAMABAD: Federal Board of Revenue (FBR) has appointed Collector Customs Multan Imran Sajjad Bukhari as Inquiry Officer to conduct probe...
Attempt to smuggle expensive mobile phones foiled at Peshawar Airport
PESHAWAR: Collectorate of Customs Peshawar during on-going anti-smuggling campaign foiled an attempt to smuggle 35 expensive mobile phones at Bacha...
President SCCI for government’s patronage to furniture industry
PESHAWAR: President Sarhad Chamber of Commerce and Industry Fazal Moqeem Khan on Friday said the furniture industry has an important...
SMEDA launches digital literacy training for women entrepreneurs
LAHORE: The Small and Medium Enterprises Development Authority (SMEDA), in collaboration with the Asian Development Bank (ADB), has officially launched...
