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Despite COVID-19, privatisation commission continues engaging foreign investors
ISLAMABAD: Despite COVID-19 situation, Privatisation Commission (PC) team, under the leadership of Federal Minister and Chairman Muhammad Mian Soomro continue...
Punjab govt notifies exemption of several industries from lockdown
LAHORE: In yet another move to provide financial relief to the masses, the Punjab government has exempted several industries from...
APMDA demands to resolve issue of SRO 52(I)2019, allow payment of duties locally
KARACHI: All Pakistan Motor Dealers Association (APMDA) appealed to Prime Minister Imran Khan to resolve their outstanding issues on priority...
Customs Enforcement directs shipping lines to extend waiver of delay, detention charges
KARACHI: Collectorate of Customs Enforcement and Compliance directed shipping companies and shipping agents to extend waiver of delay and detention...
Pakistan Railways incurring more than Rs1b in losses each week due to lockdown
LAHORE: Railways Minister Sheikh Rasheed Ahmed has said the lockdown in the country due to the coronavirus pandemic has led...
Exemption of PIDC on import shipments will help to revive sick industrial units: Khawaja Jalaluddin Roomi
MULTAN: Punjab Revenue Authority (PRA) has exempted import shipments from Punjab Infrastructure Development Cess to promote business activities in the...
SHC restrains FBR from any adverse action against Engro Vopak Terminal Limited
KARACHI: The Sindh High Court (SHC) restrained high officials of Federal Board of Revenue from taking any coercive action against...
Ports & shipping lines authorities not complying with FBR direction: PCMA
LAHORE: Pakistan Chemical Manufacturers Association (PCMA) has complained that the ports and shipping lines authorities are not complying with the...
Port rejects FBR suggestion to relax demurrage; PM asked to intervene
The Friends of Business & Economic Reforms has blasted the terminal authorities at Karachi Seaport for rejecting the recommendations of...
Importer moves SHC seeking order for set aside FIR
KARACHI: An importer has approached the Sindh High Court (SHC) against lodging first information report (FIR) for allegedly smuggling of...
KCCI asks Sindh govt to discontinue SRB’s tax collection for next four to six months
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has requested Chief Minister Sindh to devise...
Pakistan walking a ‘tightrope’ to ensure balance between lockdown & economy: PM
ISLAMABAD: Prime Minister Imran Khan said on Saturday Pakistan is walking a ‘tight rope’ to strike a balance between a...
FBR starts monitoring of refund repayments to ensure transparency
ISLAMABAD: Federal Board of Revenue (FBR) has started the monitoring to ensure transparency in repayment of tax refunds. An office...
SHC bars customs officials from action against M/s Volory Impex
KARACHI: The Sindh High Court (SHC) directed customs officials to strictly act as per law on a petition filed by...
Govt increases PTV fee from Rs35 to Rs100
ISLAMABAD: The government on Saturday increased the Pakistan Television (PTV) fee from Rs35 to Rs100. The PTV fee is collected...
PM announces major tax relief for construction sector
ISLAMABAD:Prime Minister Imran Khan Friday announced the opening of construction sector from April 14 to help the country’s daily wagers...
Pakistan Stock Exchange gains 839 points amid bullish trend
KARACHI: The share market continued bullish trend on Friday and gained 839 points, which is mainly attributed to reports on...
AC Multan Dry Port distributes workload among four employees
MULTAN: Collectorate of Customs Appraisement has distributed workload among four employees in addition to their duties with immediate effect and...
Foreign exchange reserves fall by $804m
KARACHI: The official foreign exchange reserves of State Bank of Pakistan (SBP) have decreased by $804 million during one week...
KCCI seeks 50 pc reduction for three months in taxation rates, POL prices, interest rates
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has requested the Federal Government to permanently...
