PM invites Tajikistan to use Karachi Port for transit trade
KARACHI: Prime Minister Shehbaz Sharif invited Tajikistan to use Karachi Port for the transit trade besides emphasising the promotion of...
Sindh imposes huge tax on all kinds of medicines, medical devices
KARACHI: The Sindh government has imposed a sales tax on herbal, unani and homeopathic medicines, as well as medical devices,...
Pakistan, IMF near agreement on $8b bailout package
ISLAMABAD: Pakistan and the International Monetary Fund (IMF) are advancing towards a crucial agreement on a new bailout package, anticipated...
FBR extends anti-smuggling powers of LEAs up to June 30, 2025
ISLAMABAD: The Federal Board of Revenue (FBR) has extended anti-smuggling powers of various law enforcement agencies (LEAs) up to June...
SBP mandates 100pc advance payment for sugar exports
KARACHI: The State Bank of Pakistan (SBP) has announced that all sugar exports must be accompanied by 100% advance receipt...
Appraisement South collects 53pc higher revenue in FY2024
KARACHI: Customs Appraisement South have collected Rs2.25 trillion during fiscal year ended June 30, 2024, which is around 53 percent...
Commerce Minister pushes DGTO to boost trade advocacy, modernization
ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan on Tuesday pushed the Directorate General of Trade Organizations (DGTO) to enhance...
Cheema lauds longstanding economic, trade ties between Pakistan
ISLAMABAD: Minister for Economic Affairs, Ahad Khan Cheema on Tuesday lauded the longstanding friendly relations between Pakistan and Jordan, emphasizing...
Multan customs revenue falls short amid major overhaul
MULTAN: Collectorate of Customs Enforcement has reported a worrying revenue shortfall, collecting just Rs1.29 billion in customs duty for the...
Punjab enhances token tax on all vehicles from July 1
LAHORE: The Punjab government has raised the annual token tax for vehicles, starting from July 1st, as part of the...
FBR imposes regulatory duty on 657 luxury goods, over 2,000 items to get new customs duty
ISLAMABAD: The Federal Board of Revenue (FBR) has announced a significant increase in customs duties on a wide range of...
FCCI worried over accumulation of sewage and rainwater on roads, in commercial centers
FAISALABAD: Normal business activities are affecting due to the accumulation of sewage and rainwater on important roads and commercial centers...
PRA collects over Rs239b during FY2022-23
LAHORE: Punjab Revenue Authority (PRA) has collected over Rs 239 billion during the Financial Year 2023-24 which is likely to...
PM underlines need to enhance trade, investment between Pakistan, Kazakhstan
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif while noting the positive trajectory of bilateral ties between Pakistan and Kazakhstan emphasized the...
Car prices jacks up in Pakistan after govt notifies new taxes
ISLAMABAD: The implementation of new taxes in the new financial year has increased vehicle tax rates, making it more challenging...
FinMin lauds FBR’s performance in surpassing revenue target
ISLAMABAD: Finance Minister Muhammad Aurangzeb lauded the Federal Board of Revenue (FBR) for its outstanding performance in surpassing revenue collection...
Sargodha Customs impounds smuggled & contraband goods worth Rs6.75b
SARGODHA: Under the supervision of Member Customs Operations Ashhad Jawwad and Chief Collector of Customs Enforcement Rubab Sikandar, Collector of...
Govt hikes petrol price by Rs7.45, diesel by Rs9.56 per litre
ISLAMABAD: The government increased the price of petrol by Rs7.45 per litre and that of high-speed diesel (HSD) by Rs9.56...
Multan Enforcement impounds non-duty paid goods worth Rs1.45b
MULTAN: Collectorate of Customs Enforcement team deputed at Multan International Airport conducted 303 operations and seized goods worth Rs436.7 million....
Karachi I&I seizes smuggled goods worth Rs22b in FY2023-24
KARACHI: Regional Directorate of Customs Intelligence and Investigation (I&I) has registered 622 cases involving goods valued at Rs22 billion while...
