Karachi I&I seizes smuggled auto parts worth Rs450m in SITE Area
KARACHI: Regional Directorate of Intelligence and Investigation (I&I) has seized a huge quantity of smuggled auto spare parts from a...
M/s Osiris Consultancy, DG IPRE hold training session for PCS officers
LAHORE: M/s Osiris Consultation, in coordination with Directorate General Intellectual Property Rights Enforcement (IPRE) and regional Director Lahore, organized a...
ATIR’s orders: FTO explains what actually constitutes maladministration
ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the delay in giving appeal effect to the order which is...
SBP’s foreign exchange reserves fall by $136m to $6.9b
KARACHI: The foreign exchange reserves held by State Bank of Pakistan (SBP) have dropped to $6.904 billion after a decrease...
EXIM Pakistan launched to catalyze global trade
ISLAMABAD: Caretaker Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar formally launched the Pakistan’s Export-Import Bank (EXIM), marking...
ICCI holds Quran Khawani for its ex-president Munawar Mughal (late)
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) held Quran Khawani for its former President and renowned business leader...
Sehat Kahani generates $2.7m in series A funding
ISLAMABAD: The funding was led by Amaanah Circle, a Singapore-based health tech fund led by Dr. Razi Yousuf coupled with...
SBP to remain closed on Dec 25 due to Christmas, Quaid-e-Azam Day
KARACHI: The State Bank of Pakistan will remain closed on Monday, December 25, 2023, Quaid-e-Azam Day and Christmas, as declared...
President rejects six representations filed by FBR against FTO orders
LAHORE: President Arif Alvi has declared that the Federal Tax Ombudsman (FTO) is fully authorized to initiate a Suo Motu...
Iran’s Ambassador urges free movement of trucks to Quetta
ISLAMABAD: In a bid to foster stronger economic ties, the Iranian Ambassador to Pakistan, Dr Reza Amiri Moghaddam requested for...
SHC suspends gas tariff hike for textile industry
KARACHI: Sindh High Court (SHC) on Thursday suspended the gas tariff hike notification for the textile industry. The Oil and...
FBR transfers 98 PCS officers of BS-17-18 with immediate effect
ISLAMABAD: Federal Board of Revenue (FBR) issued notification for transfers of 98 Pakistan Customs Services (PCS) officers with BS-18 with...
Pakistan revises profit rates on National Savings’ certificates
ISLAMABAD: Pakistan government announced a reduction in profit rates for various national savings schemes. According to a notification issued by...
ECC approves Rs57b for payment of K-Electric arrears
ISLAMABAD, Dec 20 (APP): The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the summary of the Ministry...
FBR promotes 18 PCS officers from BS-18 to BS-19 on regular basis
ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for promotions of following officers of Pakistan Customs Service from BS-18...
Customs I&I issues notices to yarn importers for importing Indian yarn
KARACHI: Regional Directorate of Customs Intelligence and Investigation (I&I) has issued notices to yarn importers asking them to provide details...
SBP fails to satisfy panel in Rs70b money laundering scandal
KARACHI: The State Bank of Pakistan (SBP) failed to convince the Senate Standing Committee on Finance regarding an unresolved money...
LHC declares contractual appointments of judicial members in ATIR illegal
LAHORE: The Lahore High Court (LHC), while declaring the contractual appointments of Judicial Members (JM) in Appellate Tribunal Inland Revenue...
Electricity tariff hike of Rs4.66 per unit sought
ISLAMABAD: Another increase in electricity tariffs is on the cards as the Central Power Purchasing Agency (CPPA) has filed an...
Alert! Fake Rs5000 notes in market
KARACHI: The Senate Standing Committee on Finance has voiced concern over the alarming circulation of Rs5000 notes, which even officials...
