FBR decides countrywide actions against non-custom paid cars
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to launch countrywide actions against non-custom paid cars, citing sources. The...
ECC approves first ever telecom infrastructure sharing framework
ISLAMABAD: The Economic Coordination Committee (ECC) discussed and approved the first ever Telecom Infrastructure sharing framework. Federal Minister for Finance,...
Pakistan needs ‘careful’ economic management to get macroeconomic stability: WB country director
ISLAMABAD: The World Bank (WB) suggested Pakistan to undertake the much-needed fiscal reforms including a reduction in tax exemptions and...
Multan Customs impounds NDP vehicles & goods worth Rs80m
MULTAN: Collectorate of Customs Enforcement has seized two non-customs paid vehicles and miscellaneous goods worth Rs.80 million during various anti-smuggling...
CDNS attains Rs400b targets in fresh bond
ISLAMABAD: The Central Directorate of National Savings (CDNS) has accomplished a target of Rs 400 billion in fresh bonds in...
PSX marks WIW 2023 with gong ceremony
KARACHI: Pakistan Stock Exchange (PSX) along with numerous other exchanges and organisations across the world marked World Investor Week (WIW)...
ADB delegation appreciates Pakistan’s efforts for economic revival
ISLAMABAD: A delegation of the Asian Development Bank (ADB) in a meeting with Deputy Chairman Planning Commission Muhammad Jehanzeb appreciated...
President directs CDNS to reimburse Rs1.2m to financial fraud victim
LAHORE: President Dr Arif Alvi has directed the Central Directorate of National Savings (CDNS) to reimburse an amount of Rs1.2...
FBR refunds Rs37b to taxpayers in Sept 2023
ISLAMABAD: The Federal Board of Revenue (FBR) has paid refunds amounting to Rs37 billion during September 2023 as compared to...
Active taxpayers list reaches record high at 4.78 million by Oct 1, 2023
ISLAMABAD: Pakistan’s Active Taxpayers List (ATL) has reached a historic milestone, with a record high of 4.78 million taxpayers for...
FIA registers case against two Pakistani businessmen for ‘defrauding’ Chinese investor
ISLAMABAD: Two Pakistani businessmen have been booked over the charge of defrauding a Chinese investor. The Federal Investigation Agency (FIA)...
Pakistan’s trade deficit narrows by 42pc in 1QFY23
KARACHI: The trade deficit contracted by 42.25 per cent during the first quarter of the current fiscal year compared to...
ICCI holds its 39th annual general meeting
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) held its 39th Annual General Meeting, which was attended by a...
Gas tariff increase plan in works under IMF agreement
ISLAMABAD: The Petroleum Division is in the process of giving the final touches to a summary to increase the gas...
Karachi I&I impounds smuggled goods worth Rs1.406b during September
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) Karachi has seized smuggled goods worth Rs1.406 billion, exceeding the assigned target...
Gwadar Customs seizes two tankers filled with Iranian diesel worth Rs40.4m
GWADAR: Directorate of Customs Intelligence and Investigation (I&I) team has foiled a bid to smuggle Iranian diesel, worth Rs40.4 million...
Pakistan becomes IDA’s top borrower in 2023, secures $2.3bn
KARACHI: The World Bank, in its latest annual report, has marked Pakistan as the top borrower of the International Development...
No new tax in the caretaker setup, FBR tells IMF
ISLAMABAD: The International Monetary Fund (IMF) has showed its satisfaction over the performance of Federal Board of Revenue (FBR). According...
FBR surpasses target by Rs63bn in Q3FY24
ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs2,041 billion against the assigned target of Rs1,978bn in the first...
FBR extends tax returns filing date to Oct 31
ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of filing income tax returns for Tax Year 2023...
