Railways decreases fare by 10pc for all classes
ISLAMABAD: Pakistan Railways has announced a 10% reduction in fares for all classes of its trains. The reduction applies to...
Karachi Enforcement seizes smuggled diesel in two sea operations
ARACHI: Collectorate of Customs Enforcement seized smuggled diesel worth Rs7 million two major sea operations. Sources said that a credible...
CCoSOEs approves reconstitution of PRAL’s Board of Directors
ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Saturday approved the summary of the Revenue Division regarding the reconstitution...
Founder’s Group sweeps SCCI elections
IALKOT: The ruling Ittehad Founders Group bagged all the twenty seats of the Executive Committee in the SCCI annual elections...
SBP injects over Rs2.2 trillion into marke
KARACHI: The State Bank of Pakistan (SBP), injected Rs 2,236.15 billion in the market through reverse repo purchase and Shariah...
No extension in Sept 30 deadline for income tax returns: FBR
ISLAMABAD: Federal Board of Revenue (FBR) Spokesperson Bakhtiar Muhammad Saturday cautioned citizens against last-minute rush, advising them to file their...
SHC dismisses four SCRAs filed by Appraisement West
KARACHI: A Customs Appellate bench of the Sindh High Court (SHC) dismissed four Special Custom Reference Applications (SCRAs) filed by...
Pakistan’s debt burden: Every citizen now owes Rs2,95,000
SLAMABAD: Every Pakistani now owes PKR295,000 to national and international institutions, a courtesy to successive governments’ habit of running the...
FBR’s investigation into solvent oil smuggling deemed unnecessary
LAHORE: The Federal Board of Revenue (FBR) has initiated an inquiry into the alleged smuggling of solvent oil from Iran...
PM Shehbaz okays FBR’s new tax collection management
ISLAMABAD: A meeting chaired by Prime Minister Shehbaz Sharif in Islamabad on Friday gave in-principle approval to FBR's homegrown Transformation...
Huawei, NIBAF sign MoU for capability enhancement
ISLAMABAD: Huawei Technologies Pakistan and the National Institute of Banking and Finance Pakistan (NIBAF) have signed a Memorandum of Understanding...
Pakistan, Russia for enhanced trade, economic cooperation, regional connectivity
ISLAMABAD: Pakistan and Russia reiterated their commitment to expanding trade and economic ties, besides enhancing regional connectivity to strengthen bilateral...
Pakistan’s foreign exchange reserves stand at US$14.82b: SBP
KARACHI: Pakistan’s total foreign exchange reserves held by the State Bank of Pakistan increased by US$ 43 million to US$...
Traders asked to become filers for relief from higher taxes
LAHORE: Chief Coordinator Tajir Dost Scheme Naeem Mir has said traders need to understand the concept of ongoing Tajir Dost...
Finance Minister Aurangzeb briefs ECC on state of the economy
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired the meeting of the Economic Coordination Committee (ECC) of...
FTO decides issue of Customs I&I about reward money of informers
ISLAMABAD: Federal Tax Ombudsman Dr. Asif Mahmood Jah has decided the complaints of retired superintendent of Customs Intelligence and Investigation...
Committees formed for reforms in Pakistan Customs
ISLAMABAD: The Federal Board of Revenue (FBR) has formed within Pakistan Customs to spearhead reforms. These committees are tasked with...
FBR notifies amendments to ATL rules
LAHORE: The Federal Board of Revenue (FBR) has unveiled comprehensive amendments to the rules governing the Active Taxpayers List (ATL)....
CAA takes Rs50b tax dispute with FBR to Supreme Court
ISLAMABAD: The Civil Aviation Authority (CAA) has taken a long-standing tax dispute of over Rs50 billion to the Supreme Court,...
