Sugar among items to be taxed as govt plans Rs90b increase in revenue collection this year

ISLAMABAD: Customs Laws in Pakistan have explicitly outlined a three-year jail term for those found guilty of mid- declarations. The...

BFC is fully operational in Sialkot: SCCI President

SIALKOT: Sialkot Chamber of Commerce and Industry (SCCI) President Abdul Ghafoor Malik has said that the Business Facilitation Centre (BFC)...

President for blacklisting bank fraudsters, directs banks to refund Rs2.74m to victims

ISLAMABAD: President Dr Arif Alvi has asked the Banking Mohtasib to take up the matter of banking frauds with the...

Govt collected Rs1.410tr taxes through electricity bills in three years

KARACHI: The government has been earning big bucks through taxes imposed on electricity bills. During the last three years, taxes...

Chairman FBR holds meeting with DG NLC Maj. Gen. Farrukh Shahzad Rao

ISLAMABAD: Chairman Federal Board of Revenue Malik Amjed Zubair Tiwana held a detailed meeting with Director General (DG) National Logistics...

Chinese Minister Counsellor calls on Chairman FBR

ISLAMABAD: Chinese Minister Counsellor, Mr. Yang Guangyuan accompanied by Mr. Wang Jian, and Ms. Xie Yang called on Chairman, Federal...

Collector Asdaq Afzal Sansera assures businessmen to resolve all issues regarding import & export

MULTAN: Collector Customs Appraisement Faisalabad Asdaq Afzal Sensera visited the Multan Chamber of Commerce and Industry (MCCI) and assured to...

LCCI VP Adnan Khalid Butt exposes escalating overbilling crisis in Lahore’s industrial sectors

LAHORE: In a latest development, office-bearers of various industrial areas have visited Lahore Chamber of Commerce and Industry and brought...

NEPRA renews power supply & distribution license of KE for 20 years

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has renewed the power distribution and supply licenses of K-Electric (KE) for...

Business community demands reduction in interest rate

PESHAWAR: Members of the business community urged the government and State Bank of Pakistan to cut interest rates to make...

Pakistan’s stock market set to soar in 2024: report

KARACHI: Pakistan’s stock market is expected to reach above 80,000 levels by the end of 2024, as the country undergoes...

IMF hails increase in Pakistan energy tariffs, predicts 2pc growth rate for 2023-24

WASHINGTON: As people in Pakistan are already crushed by rising energy prices, the International Monetary Fund says recent increases in...

Pakistan, Iran, both official & unofficial trade remains unaffected

LAHORE: Formal and informal channels of trade between Iran and Pakistan remained unaffected by the recent escalation in military tension...

Custom Appellate Tribunal allows appeal filed against M/s Zain Enterprises

KARACHI: Customs Appellate Tribunal Member Judicial-II Mazhar Ali Ghallu allowed an appeal filed by Directorate General of Customs Intelligence &...

Pakistan’s foreign reserves drop to $13.145b

KARACHI: Pakistan’s liquid foreign exchange reserves dropped to 13.1451 billion US dollars as of 12th January. According to the SBP...

Pakistan, UAE sign $3b investment agreement

DAVOS: Pakistan and the United Arab Emirates (UAE) have signed investment agreement worth over $3 billion for cooperation in railways,...

Biometric verification to be made mandatory for purchase of $500 & above

ISLAMABAD: In a bid to stop hoarding of the greenback, the State Bank of Pakistan devised a plan under which...

Pakistan bans supplementary grants on IMF demand

ISLAMABAD: The federal caretaker government has banned the release of supplementary grants on the International Monetary Fund (IMF) demand. As...

Pakistan Customs notifies penalties for illegal removal of goods