Workers’ remittances record $2.5b inflow in October
KARACHI: The overseas workers’ remittances recorded an inflow of US$2.5 billion during October 2023, the State Bank of Pakistan (SBP)...
Banks to remain closed in Lahore, other smog hit districts on Nov 10
LAHORE: All branches of commercial banks and microfinance banks (MFBs) will remain closed in Lahore and other smog-hit districts on...
Finance Minister sees DFIs as potential growth drivers
ISLAMABAD: The caretaker Federal Minister for Finance, Revenue and Economic Affairs Dr. Shamshad Akhtar has said that the Development Finance...
Illicit cigarettes to cause FBR Rs310b loss in FY2024-24
LAHORE: The Federal Board of Revenue (FBR) will suffer a massive revenue loss of Rs 310 billion in 2023-24 on...
SCCI chief asks airliners to take steps to facilitate business community
PESHAWAR: President Sarhad Chamber of Commerce and Industry (SCCI) Fuad Ishaq asked the private airliners to take further steps to...
Pakistan eyeing $60b foreign investment via SIFC: PM Kakar
ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has expressed the hope that the Special Investment Facilitation Council (SIFC) would help bring...
Healthx & SLIC join hands to elevate health & life insurance
ISLAMABAD: Healthx, a multinational healthcare management company, and State Life Insurance Corporation of Pakistan (SLIC), the nation’s largest and leading...
DG Valuation issues new customs values on import of glassware vide VR No 1823/2023
KARACHI: The Directorate General of Customs Valuation, Karachi has issued new customs values on the import of glassware/porcelain ware from...
Taxpayers can revise return sans commissioner approval within 60 days
ISLAMABAD: The Federal Board of Revenue (FBR) electronic system allows taxpayers to revise their income tax return for tax year...
SBP issues permission for commencement of EXIM Bank
KARACHI: The State Bank of Pakistan has granted its “Permission for Commencement of Business” to the Export-Import Bank of Pakistan...
Pakistan ‘agrees’ to share tax evaders’ data with IMF
ISLAMABAD: Pakistan has agreed with the International Monetary Fund (IMF) to share the data of the tax evaders with the...
Pakistan to take AMA accounts 8.5m to 20m by 2024: Shamshad
ISLAMABAD: Federal Minister for Finance and Revenue Dr Shamshad Akthar Tuesday said that Pakistan had targeted to take the number...
FIA arrests two customs officials in KP over graft charge
PESHAWAR: The Federal Investigation Agency’s Anti-Corruption Circle arrested two customs employees for their alleged involvement in corruption, officials said. They...
ICCI calls for immediate halt to genocide of Palestinians by Israeli forces
ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) leading a delegation met with Ahmed Jawad A.A....
NPO organizes workshop on improving agri productivity
LAHORE: A four-day international workshop on ‘Improving Agricultural Productivity through Mechanization’ jointly organized by National Productivity Organization (NPO), Pakistan, and...
SECP, FIA sign MoU to enhance mutual cooperation
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and Federal Investigation Agency (FIA) signed a memorandum of understanding (MoU)...
Pakistan Stock Exchange hits historic 54,000-point milestone
KARACHI: The Pakistan Stock Exchange (PSX) achieved a remarkable milestone on Tuesday as its benchmark KSE-100 index surged past the...
FTO directs FBR to probe tax matters of private medical colleges
LAHORE: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to obtain information of foreign students from...
FBR to sell seized sugar to USC at 50pc discount
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to sell seized/confiscated sugar to the Utility Stores Corporation (USC) at...
IMF ‘seeks’ report on state-owned firms’ losses from Pakistan
ISLAMABAD: The International Monetary Fund (IMF) has sought a report from Pakistan on the losses incurred by state-owned enterprises. During...
