Mashreq set to commence digital banking in Pakistan
KARACHI: Mashreq, a prominent financial institution in the Middle East and North Africa (MENA) region, has announced its successful establishment...
FPCCI asks FBR to withdraw tax on Immovable property under Section 7E
ISLAMABAD: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has formally asked the Federal Board of Revenue to withdraw...
FBR revises functional jurisdiction of DG Reforms & Automation Customs officials
LAHORE: The Federal Board of Revenue (FBR) has revised the functional jurisdiction of the officials of the Directorate General of...
Banks asked to provide payment facility to customers via DIRBS
KARACHI: The State Bank of Pakistan (SBP) has advised all commercial and microfinance banks to start the facility for customers...
Sami vows to step up CPEC projects’ momentum
ISLAMABAD: Caretaker Minister for Planning, Development, and Special Initiatives Muhammad Sami Saeed vowed to vigorously maintain and step up the...
Qatari Charge d’ Affaires calls on FBR chairman
ISLAMABAD: Mr. Essa Mohammad Al-Dasem Al-Kubaisi, Charge d’ Affaires of Qatar, visited Federal Board of Revenue Headquarters and held a...
Gwadar I&I foils bid to smuggle goods worth Rs156m on RCD Highway
GWADAR: Directorate of Customs Intelligence and Investigation (I&I) team has seized huge quantity of smuggled betel nut, Indian Gutkha and...
ICCI inks MoU with NICAT to promote innovators
ISLAMABAD: The Islamabad Chamber of Commerce & Industry (ICCI) and the National Incubation Center for Aerospace Technologies (NICAT) have signed...
Power tariff likely to go up by Rs2.07/unit
ISLAMABAD: The power tariff is expected to go up as the Central Power Purchasing Agency (CPPA) has requested the National...
Pakistan drafts plan to reduce power sector circular debt
KARACHI: As Pakistan’s power sector faces a serious crisis amid the rising cost of generation, higher tariffs and line losses,...
FBR announces rules for implementation of Pakistan Single Window
ISLAMABAD: the Federal Board of Revenue (FBR) has issued a notification to enforce the Pakistan Single Window (PSW) system for...
PSDF, EDF join hands for skills training programme
LAHORE: The Punjab Skills Development Fund (PSDF) and Export Development Fund (EDF) signed a partnership agreement for a skills training...
Pakistan signs air services agreement with Saudi Arabia
ISLAMABAD: The government of Pakistan and Kingdom of Saudi Arabia on Monday signed the Air Services Agreement (ASA) to enhance...
Low demand, high stocks: Pakistan imports no diesel in July
LAHORE: Following a slump in domestic demand due to an economic slowdown and smuggling from Iran, Pakistan did not import...
PFC to visit Russia for investment, collaboration in the furniture industry
ISLAMABAD: Pakistan Furniture Council (PFC) delegation led by its Chief Executive Officer Mian Kashif Ashfaq will visit Russia instant month...
Over $1b textile products exported in July
ISLAMABAD: Textile exports reached $1,311.659 million during the first month of the current financial year (2023-24), the Pakistan Bureau of...
FBR sets Rs9,415b tax collection target for FY24
ISLAMABAD: The Federal Board of Revenue (FBR) has set its target to achieve Rs9,415 billion tax collection in the financial...
Senior citizens, Shuhada’s families: FBR admits wrong calculations of tax liabilities
ISLAMABAD: The Federal Board of Revenue (FBR) has admitted before the Federal Tax Ombudsman (FTO) that the income tax return...
Pakistan Customs has set up first laboratory as per WCO standards: Chief Collector Qadir Memon
QUETTA: In an effort to revolutionise customs processing and bolster trade operations, the Pakistan Customs department has ushered in a...
Mis-declaration: Peshawar Customs registers FIR against several importers
PESHAWAR: Collectorate of Customs Appraisement Peshawar has registered an FIR against several importers and Customs agents involved in mis-declaring the...
