Political stability vital for sound economic growth: Iftikhar Ali Malik
LAHORE: President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik said sustainable political stability is pre-requisite for sound economy...
Progressive Group rejects recent increase in the prices of petroleum products
LAHORE: Progressive Group while rejecting the recent increase in the prices of petroleum products has said that third hike since...
Pakistani furniture has great potential to capture world market: Kashif Ashfaq
LAHORE: Chief Executive Officer (CEO) Pakistan Furniture Council (PFC) Kashif Ashfaq has said that Pakistan’s furniture industry has a big...
Razak Dawood assures LCCI to resolve issues of 203 A Invoices soon
LAHORE: Advisor to Prime Minister on Commerce & Investment Abdul Razak Dawood has assured the Lahore Chamber of Commerce &...
Punjab’s food circular debt jumps to Rs560b
LAHORE: Punjab’s food sector circular debt has risen to a staggering Rs560bn, equal to the Annual Development Programme for the...
Govt appoints Jawaid Siddiqui as new CEO of railway freight company
LAHORE: The federal government has appointed a chief operating officer of a private firm as chief executive officer (CEO) of...
FBR abolishes additional customs duty on import of cars, jeep
LAHORE: The Federal Board of Revenue (FBR) has abolished additional customs duty on the import of cars, jeep up to...
Pakistan’s exports register highest-ever increase of 18pc: Razak Dawood
LAHORE: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has emphasised that the real target is sustainable...
FBR not giving facility of duty, tax credit on mobile & other imported items
LAHORE: It has been revealed that the Federal Board of Revenue (FBR) is not giving the facility of duty and...
Pakistan will start export of mobile phones from next year: Razak Dawood
LAHORE: Pakistan will start export of mobile phones from next year and exporters should focus on nontraditional sectors to increase...
SAARC Chamber hails Pak-Afghan transit trade accord extension
LAHORE: SAARC Chamber of Commerce and Industry while hailing Pak-Afghan transit trade accord extension for another six months said it...
FBR reduces sales tax on motor spirit
LAHORE: The Federal Board of Revenue (FBR) has reduced sales tax on motor spirit from 17 percent to 16.40 percent...
High level of residue a biggest threat for rice exports
LAHORE: The experts have feared that Pakistan may face ban on exports of rice to the European Union due to...
Customs I&I seizes expired Indian made cosmetic items worth Rs320m
LAHORE: Directorate of Customs Intelligence and Investigation (I&I) in a successful action seized expired Indian-made cosmetic items worth Rs320 million....
Customs Preventive seizes smuggled goods worth Rs58b during FY2021
LAHORE: Collectorate of Customs Preventive seized smuggled goods Rs58 billion in the year ended June 30, 2021. Collectorate of Customs...
Home appliances raw material exempted for customs duty
LAHORE: The Federal Board of Revenue (FBR) has exempted customs duty on the import of certain raw materials/input goods for...
Customs Enforcement impounds illegal luxury vehicles, goods of Rs4.2b during FY21
LAHORE: During the financial year 2020-21, Pakistan Customs, under the leadership of the Member Customs (Operations) Syed Mohammad Tariq Huda...
PRA registers growth of 62pc in June
LAHORE: Punjab Revenue Authority (PRA) has registered a growth of 62 percent during the month of June 2021. According to...
Rs100b taxes on different sectors likely to be withdrawn
LAHORE: The National Assembly has passed the Finance Bill 2021-22 with majority whereby the government withdrew Rs100 billion taxes on...
NAB asks govt to give it access to local & offshore tax records of all politically exposed persons
LAHORE: In a major development, the National Accountability Bureau (NAB) has asked the government to give it access to local...
