FBR seeks IT, ST-related budget proposals
ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue field formations to submit income tax and sales tax-related...
Caretaker cabinet committee approves work on Iran-Pakistan gas pipeline
ISLAMABAD: The caretaker Cabinet Committee on Energy (CCoE) approved works on the first phase of the Iran-Pakistan (IP) gas pipeline,...
SCCI, FBR form committee to resolve traders’ issues
PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) and the Federal Board of Revenue (FBR) Islamabad have agreed to...
Customs PCA detects tax evasion of Rs2b by M/s Eastern Steel Karachi
KARACHI: Customs Post Clearance Audit (PCA) South has registered an FIR against M/s Eastern Steel Karachi for tax evasion worth...
Pakistan to ‘raise’ FBR tax-GDP ratio to 15pc in new IMF deal
ISLAMABAD: Pakistan has targeted raising the FBR tax-GDP ratio to 15 per cent in the International Monetary Fund (IMF) deal....
Multan I&I destroys non-duty paid, smuggled goods worth Rs5b
MULTAN: Regional Directorate of Customs Intelligence and Investigation (I&I) has held a ceremony to destroy non-duty paid goods worth Rs5...
Business community calls for 30-year economic vision, charter of economy
PESHAWAR: Former vice president, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Mohammad Adnan Jalil has called for...
TBM, Ericsson extend partnership to expand services
ISLAMABAD: Telenor Microfinance Bank (TMB) and Ericsson Wallet Platform have extended their partnership to propel Easypaisa’s financial services and expand...
Pakistan’s foreign reserves stand at $13,097.8m: SBP
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) have dropped to US$ 8,012.8 million after...
Ready to work with Pakistan’s new govt: IMF
NEW YORK: The International Monetary Fund (IMF) has expressed willingness to work with the new Pakistani government by ignoring the...
Pakistan to seek at least $6b in ‘new IMF loan programme’
ISLAMABAD: Pakistan plans to seek a new loan of at least $6 billion from the International Monetary Fund to help...
Pakistan slashes profit margin on National Savings certificates
ISLAMABAD: The Pakistan government has slashed profit rates for various national savings schemes, according to a notification issued by the...
Pakistan recovered Rs75.166b from power pilfers
ISLAMABAD: Pakistan has recovered over Rs75 billion during an ongoing drive against electricity pilfers across the country. The action against...
Pakistan ‘achieves’ 25 of 26 targets set by IMF for second review
ISLAMABAD: Pakistan has achieved 25 out of 26 targets set by the International Monetary Fund (IMF) for a second review....
Quetta Customs foils bid to smuggle goods worth Rs33.7m
Quetta: Under the supervision of Director Customs Intelligence and Investigation (I&I) Nadeem Memon, regional Directorate of Customs I&I seized smuggled...
Call for corporate tax reforms to spur economic development
LAHORE: Corporate tax reforms are essential to spur Pakistan’s economic potential and innovation, thus improving living standard of the people....
FBR working on extension of EFS to entire textile value chain: Chief Collector Mohammad Sadiq
LAHORE: Chief Collector Customs Appraisement Muhammad Sadiq has said that the Federal Board of Revenue (FBR) is working on extension...
New govt to implement FBR reforms plan: FBR Chairman
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Malik Amjed Zubair Tiwana has said that the caretaker government approved the reforms...
Tax evasion: Karachi I&I registers FIR against M/s Bahawalpur Steel Mills & other importers
KARACHI: Regional Directorate of Customs Intelligence & Investigation (I&I) has registered a First Information Report (FIR) against M/s Bahawalpur Steel...
Pakistan, Saudi Arabia agree to enhance bilateral trade
ISLAMABAD: Pakistan and Saudi Arabia agreed to enhance bilateral trade between the two brotherly countries and improve investments in various...
