FBR reports 9pc tax-to-GDP ratio for FY2023-24

09/07/2024

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has emphasised the importance of structural reforms within the framework...

Govt tightens monitoring of foreign gifts & donations

ISLAMABAD: Government of Pakistan has implemented stricter regulations governing the receipt of foreign gifts and donations by public officials and...

Sialkot Customs achieved the target set by FBR

SIALKOT: Collectorate of Customs Sambrial, Sialkot achieved the revenue target set by the Federal Board of Revenue (FBR) Islamabad for...

Saudi group acquires 77.42pc stake in Shell Pakistan Ltd

RIYADH: Saudi Arabia's business giant, Asyad Holding Group, has acquired 77.42% of the shareholdings and control of Shell Pakistan Limited...

ANF seizes 97 kg drugs in six operations

RAWALPINDI: Anti-Narcotics Force (ANF) while conducting six operations across the country managed to recover 97 kg drugs and arrested six...

PM Shehbaz calls for minimising clearance time at Port Qasim, KPT

KARACHI: Prime Minister Shehbaz Sharif has stressed the need for minimising clearance times by installing modern equipment and machinery at...

Karachi traders threaten to declare markets ‘no-go area for tax collectors’

KARACHI: Karachi traders have threatened to declare markets no-go area for tax collectors if the Federal Board of Revenue chairman...

Govt will look into traders concerns over budget, says Aurangzeb

RAWALPINDI: The federal government would look into the concerns of traders and industrialists over the budget, Finance Minister Muhammad Aurangzeb...

Pakistan’s reliance on IMF to continue unless it boosts tax collection, warns Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb has stated that the country will continue seeking financial assistance packages from the International Monetary...

Customs PCA South detects mis-using of three exemption licenses by M/s Hamza Corporation

KARACHI: Directorate of Post Clearance Audit (PCA) South has detected fraud involving M/s Hamza Corporation Karachi for was mis-using three...

MTBA highlights difficulties of taxpayers’ to file ST returns

MULTAN: Multan Tax Bar Association (MTBA) has highlighted a significant following the issuance of SRO 350. In a formal communication...

Six out of eight factions reunite under original PIAF banner: PIAF Chairman

LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) Chairman Zafar Mahmood Chaudhry has said six out of eight factions have...

Court upholds CCP’s power to conduct inquiry against poultry feed manufacturers

LAHORE: Lahore High Court vide Order dated 29-05-2024 has vacated a stay order that it had earlier granted to four...

Zong partners with LESCO to enhance business communication services

ISLAMABAD: Zong 4G, Pakistan’s leading telecom operator, has initiated a strategic partnership with Lahore Electric Supply Company (LESCO) to bolster...

Financial system shows steady performance, soundness in 2023: SBP Review

KARACHI: State Bank of Pakistan (SBP) has said that the financial sector exhibited strong growth maintaining its financial soundness and...

E&P sector firms announce $5b investment in Pakistan’s oil, gas sector

ISLAMABAD: The local and international firms of Pakistan’s oil & gas exploration and production (E&P) sector, expressing confidence over the...

FBR blocks 210,000 SIM cards to encourage tax payment

ISLAMABAD: The Federal Board of Revenue said on Thursday it has blocked 210,000 SIM cards of users who have not...

Advance tax not applicable on petrol pumps, says FBR after govt, dealers talks succeed