Govt mulls 20pc raise in salaries in upcoming budget
ISLAMABAD: As the federal government accelerates efforts to finalize the budget for the fiscal year 2024-25, various reports indicate that...
DG Valuation sets $130/ton export value for Pink Rock Salt
KARACHI: The Directorate of Customs Valuation has established a customs value of $130 per metric ton (PMT) for the export...
Quetta Enforcement seizes smuggled goods, vehicles worth Rs2.62b in May 2024
QUETTA: Collectorate of Customs Enforcement has seized smuggled goods and vehicles worth Rs2.62 billion during different Intelligence Based Operations (IBOs)...
Punjab allocates Rs700b development budget for next fiscal year
LAHORE: The Punjab government is gearing up to allocate a substantial development budget of Rs700 billion for the upcoming fiscal...
Govt’s reforms measures started yielding results: PM tells China EXIM Bank chief
BEIJING: Prime Minister Shehbaz Sharif on Thursday said that the reform measures taken by his government had started yielding results...
PM, CIDCA chairman discuss promotion of Pak-China pragmatic cooperation
BEIJING: Prime Minister Shehbaz Sharif on Thursday met the Chairman of China International Cooperation Agency (CIDCA) Ambassador Luo Zhaohui wherein...
PM Shehbaz invites Huawei to invest in Pakistan’s safe city, taxation sectors
SHENZHEN: Prime Minister Shehbaz Sharif visited the Huawei headquarters and invited the company to invest in Pakistan’s taxation, and e-governance...
FPCCI demands cut in mark-up, power tariff for industrialization
LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) demanded of the government to reduce the interest rate to...
IHC upholds SECP’s penalties against Shaukat Marwat group
ISLAMABAD: The Islamabad High Court has upheld the decision of the Appellate Bench of the Securities and Exchange Commission of...
Pak-China Business forum sign MoUs to boost bilateral trade: Aleem Khan
ISLAMABAD: Minister for Privatization and Board of Investment, Abdul Aleem Khan has said that thirty two memorandum of understanding (MoUs)...
Super tax cannot be imposed retrospectively on companies, individuals: LHC
LAHORE: Lahore High Court (LHC) Tuesday held that super tax under Section 4C (Super tax on high-earning persons) of the...
Mondelez Pakistan to solarize production plants
KARACHI: Mondelez Pakistan has announced a significant step towards sustainability by partnering with Shams Power to solarize its confectionary and...
HBL, EXIM ink MoU to implement EXIM’s Trade Credit Insurance facilities
KARACHI: HBL and EXIM (Export-Import Bank of Pakistan) signed a Memorandum of Understanding (MoU) to collaborate in the structuring and...
ADB approves financing to boost Public–Private Partnerships in Pakistan
ISLAMABAD: The Asian Development Bank (ADB) has approved a $250 million policy-based loan to help the Pakistan drive sustainable investments...
ICCI President greets newly-elected body of APP Employees Union
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Ahsan Zafar Bakhtawari greeted the newly-elected body of Associated of Press...
FBR detects network of tax fraudsters involved in cuasing loss to national kitty
ISLAMABAD: The Federal Board of Revenue (FBR) has uncovered a network of tax fraudsters involved in issuing fake sales tax...
FBR blocks 85,000 SIMs of non-filers
ISLAMABAD: In a move to enforce tax compliance, the Federal Board of Revenue (FBR) reportedly blocked 85,000 SIM cards of...
FTO directs FBR to adopt measures for smooth WHT collection from banks
LAHORE: The Federal Tax Ombudsman (FTO) has issued a directive to the Federal Board of Revenue (FBR) to overhaul and...
UBL unveils its currency exchange operations
KARACHI: United Bank Limited (PSX: UBL) on Monday organized an official launch ceremony of its wholly-owned subsidiary, UBL Currency Exchange...
Federal budget 2024-25 likely to be presented on June 12
KARACHI: The presentation of the federal budget 2024-25 is likely to be rescheduled. Interestingly, it is also unusual that the...
