Customs Enforcement foils bid to smuggle Iphones worth Rs1.265m through Multan Int’l Airport
MULTAN: Collectorate of Customs Enforcement has thwarted an attempt to smuggle imported branded cell phones of worth Rs1.265 million from...
Pakistan Banks’ Association holds trade-based money laundering training
KARACHI: Delivering upon its commitment to further strengthen the financial sector against local and global trade risks, Pakistan Banks’ Association...
SBP’s forex reserves increase by $77m to $7b
KARACHI: The State Bank of Pakistan (SBP) reported a rise of $77 million in foreign exchange reserves in the week...
Hundreds of FBR officers are non-filers
LAHORE: Hundreds of Federal Board of Revenue (FBR) officers are non-filers and haven’t filed their tax returns for tax years...
FBR collects Rs736b tax in November 2023
ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs3,484 bln tax during first five months of FY2023-24, the tax...
Govt keeps petrol price unchanged, drops diesel by Rs7 per litre
ISLAMABAD: The caretaker federal government on Thursday kept the petrol price unchanged at Rs281.34 per litre for the next fortnight....
Recovery of Rs39.529m: Multan Customs issues notices to M/s Dot World Technologies & M/s Maritime Agencies
MULTAN: Collectorate of Customs Enforcement Multan recovery branch has issued notices to two defaulter companies for recovery of outstanding amount...
Kinnow exporters concerned as Afghanistan hikes customs duty by 43pc
LAHORE: The Afghan government has increased the customs duty on kinnow imports starting from November 27, causing a ripple effect...
Four presidential ordinances promulgated on IMF’s demand
ISLAMABAD: The Federal Government promulgated four presidential ordinances on the International Monetary Fund (IMF) demand. The National Highway Authority (Amendment)...
Pakistan, China hold 4th round of maritime cooperation dialogue
ISLAMABAD: Pakistan and China held the 4th round of maritime dialogue here to review the bilateral maritime cooperation. During the...
Multan Customs issues attachment warrants against M/s Mushtaq Leather Industries for recovery of Rs63.4m
MULTAN: Collectorate of Enforcement & Compliance (E&C) Multan recovery branch has issued attachment warrant against M/s Mushtaq Leathers Industries for...
Tax net expansion vital for economy: LCCI President
LAHORE: A delegation of Punjab Danish School and Center of Excellence Authority paid a study tour to the Lahore Chamber...
PIA avoids huge embarrassment after FBR restored its bank accounts
LAHORE: The Pakistan International Airline (PIA) on Thursday managed to get its frozen accounts restored after successful talks with the...
Pakistan, Kuwait ink accords in multiple fields
ISLAMABAD: Pakistan has signed seven agreements and three memorandums of understanding (MoUs) with Kuwait to attract multi-billion-dollar investment in various...
IHC suspends additional windfall tax on banks
ISLAMABAD: In a significant development, the Islamabad High Court (IHC) suspended the imposition of a 40 percent additional tax on...
Petrol price likely to remain unchanged in next fortnightly review
KARACHI: The prices of petroleum products will not see any major change in the upcoming fortnightly review with diesel and...
Saudi Arabia extends $3b deposit term for 1 year: SBP
KARACHI: In a major development for the struggling economy, Saudi Arabia has extended the term of its $3 billion deposit...
Govt generates Rs1,165b through T-Bills
KARACHI: The cut-off yields on Treasury Bills (T-Bills) went down by up to 7 basis points (bps) in the auction...
FBR resolves misreporting of Pak-China trade gap
ISLAMABAD: The Federal Board of Revenue (FBR) has analyzed that the actual trade gap between Pakistan and China stood at...
FBR deploys special teams in sugar mills
ISLAMABAD: The Federal Board of Revenue (FBR) has taken another step to curb tax theft and deployed special teams to...
