SBP governor blames global conditions for higher inflation in Pakistan
KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has "put blame" on the global economic conditions for higher inflation...
Plastic manufacturers express concerns as Punjab Govt bans disposable plastic
KARACHI: The Plastic Manufacturers Association and individuals linked to the food and packaging sectors have raised serious objections to the...
FTO directs DG Valuation to remove flaws in assessment of imported mobile phones
MULTAN: The Federal Tax Ombudsman (FTO) has directed Directorate General Customs Valuation to rectify flaws in the valuation and assessment...
SECP registers 2,220 companies in July
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,220 new companies in July 2023, a 25% increase from...
IMF delegation to visit Pakistan in November
ISLAMABAD: The International Monetary Fund (IMF) delegation will visit Pakistan in November to review the economic performance after the continuation...
210,437 unregistered persons respond to FBR notices under BTB exercise
ISLAMABAD: As many as 210,437 unregistered persons responded to 216,601 notices of the Federal Board of Revenue (FBR), reflecting 6,164...
Car sales decrease after higher prices, interest rates in July
KARACHI: The sale of cars in the country has seen a 64% reduction in July as compared to last year...
Businessmen asked to cooperate in controlling use of polythene bags
ISLAMABAD: Ms. Farzana Altaf Shah, Director General, Pakistan Environment Protection Agency (Pak-EPA) said that the polythene shopping bags pose serious...
FTO directs FBR to deploy steadfast team to avoid any system errors
LAHORE: The Federal Tax Ombudsman (FTO) has instructed the Federal Board of Revenue (FBR) to establish a specialized team of...
No restriction on importing Indian drugs in Pakistan: DRAP
ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has said that there was no restriction on hospitals or the common...
Pakistan & Iraq sign convention for elimination of double taxation
ISLAMABAD: Federal Board of Revenue initiated negotiations on the Convention for the Elimination of Double Taxation with respect to Taxes...
Pakistan’s remittances drop by 19pc to $2b in July
KARACHI: Remittances to Pakistan have dropped by 19.3% year-on-year to $2 billion in the first month of the current fiscal...
SBP to issue Rs100 coin to commemorate 10 years of CPEC
KARACHI: To mark the 10th anniversary of the China-Pakistan Economic Corridor (CPEC), the State Bank of Pakistan (SBP) to issue...
PCAA seeks bids for outsourcing Islamabad airport
ISLAMABAD: In order to improve its operational activities, the Pakistan Civil Aviation Authority (PCAA) finally issued a tender for outsourcing...
Neelum Jhelum Hydropower project resumes power generation
ISLAMABAD: After remaining inoperative for more than a year, the Neelum Jhelum Hydropower project has resumed electricity generation following the...
No effective check on tires’ smuggling from Afghanistan to Pakistan
TORKHAM: Tire smuggling from Afghanistan to Pakistan via the Torkham border remains a widespread issue, with no effective checks in...
Netherlands wants to bolster bilateral trade, investment ties with Pakistan: Envoy
ISLAMABAD: Mrs Henny Fokel de Vries, Ambassador of Netherlands to Pakistan, has said that her country enjoys strong relations with...
No irregularities found in clearance of goods worth $847m under PSW: FBR
LAHORE: The Federal Board of Revenue (FBR) has found no revenue loss on account of the alleged unlawful clearance of...
Hyderabad Customs to auction non-duty paid vehicles on August 11
HYDERABAD: Collectorate of Customs has announced an auction of non-duty paid (NDP) motor vehicles on August 11, 2023. The Collectorate...
FBR announces promotions of PCS officers to BS-20 & BS-21
ISLAMABAD: The Federal Board of Revenue (FBR) has announced the promotions of officers from the Pakistan Customs Service (PCS) to...
