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LAHORE: The Punjab government on Friday continued its clampdown on smuggling and hoarding of wheat and seized 2,550 wheat sacks...

Sugar scam: FIA summons Shahid Khaqan Abbasi, Khurram Dastagir

ISLAMABAD: The Federal Investigation Agency (FIA) has summoned Shahid Khaqan Abbasi and Khurram Dastagir to record their statement in connection...

FBR directs food outlets to display tax amount & retail price in menus

ISLAMABAD: Federal Board of Revenue (FBR) has made it mandatory for food outlets to display tax amount along with retail...

FBR grants exemption to various properties from attachment for tax recovery

ISLAMABAD: Federal Board of Revenue (FBR) has exempted various properties from attachment for recovery from tax defaulters. The FBR issued...

OICCI asks FBR to reduce number of withholding tax rates to maximum five

KARACHI: Federal Board of Revenue (FBR) has been proposed to revamp withholding tax regime and reduced the number of withholding...

FBR transfers 7 IRS officers of BS-18-20

ISLAMABAD: Federal Board of Revenue (FBR) on Friday notified transfers and postings of Inland Revenue Service (IRS) officers in BS-18...

Customs Adjudication decides 46 seizure cases worth Rs51.011m

MULTAN,: Customs Adjudication Multan Camp Office decided 46 seizure cases of worth Rs51.011 million during April 2019-20. According to the...

RCCI demands healthcare and education be given industry status

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has urged government to extend the incentive packages given to construction...

Ministry takes notice of non-provision of demurrages, detention relief to importers

byM Hayat

LAHORE: In the result of continuous voice-raising by Friends of Economic and Business Reforms (FEBR) Engineering Development Board of Ministry...

OGRA makes major reduction in RLNG rates

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has made a major reduction in prices of Re-gasified Liquefied Natural Gas...

KPT shipping intelligence report May 7

KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...

A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. REUTERS/Akhtar Soomro/File Photo

PSX falls by 424 points on profit taking

KARACHI: The share market fell by 424 points on Thursday as profit taking witnessed which resulted in selling pressure during...

Pakistan earns $526m by exporting transport services

ISLAMABAD: Pakistan earned US $ 526.710 million by providing different transport services in various countries during the first eight months...

LCAA, APCAA delegation pays farewell call on Collector Amjadur Rehman

LAHORE: A delegation of Lahore Customs Agents Association (LCAA) and All Pakistan Customs Agents Association (APCAA) called on recently...

Terminal operators refuse to extend waiver from detention, demurrage charges: KCCI

KARACHI: Terminal operators have refuse to extend waiver from demurrage and detention charges despite clear instruction of the government to...

ADVISER TO THE PRIME MINISTER ON FINANCE AND REVENUE DR. ABDUL HAFEEZ SHAIKH CHAIRING SPECIAL MEETING OF THE ECONOMIC COORDINATION COMMITTEE OF THE CABINET (ECC) IN ISLAMABAD ON APRIL 13, 2020.

ECC approves free period from 5 to 15 days for cargo landing up to May 31

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved free period from five working days to 15...

All issues of PDA will be solved amicably: Hafeez Shaikh