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KPT shipping intelligence report Feb 10
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
FATF to judge Pakistan’s exit from grey list from Feb 16
ISLAMABAD: Pakistan is expected to exit the Financial Action Task Force’s (FATF) grey list soon after winning a “largely-compliant” rating...
FBR to levy penalty on withholding agent for not sharing taxpayers’ information
ISLAMABAD: Federal Board of Revenue (FBR) will impose penalty on withholding agents for failure in submitting withholding statement or information...
Govt-IMF discuss Rs200b new taxes, hike in power, gas tariffs
ISLAMABAD: Talks between Pakistani officials and an International Monetary Fund (IMF) delegation are under way with the meeting expected to...
FBR transfers 5 IRS officers of BS-20 with immediate effect
ISLAMABAD: Federal Board of Revenue (FBR) on Monday issued orders for transfers and postings of senior officers of Inland Revenue...
ANF foils bid to smuggle narcotics worth Rs1b from SAPT
KARACHI: The Anti-Narcotics Force (ANF) busted one of the biggest drug trafficking attempts in Pakistan’s history on Monday seizing a...
Customs Court approves charge sheet against M/s Oriental Chemical Industries
KARACHI: Customs court approved charge sheet against Syed Jawad Arshad son of Syed Monawar Ali, owner of M/s Oriental Chemical...
LTU posts 85pc growth on tax collection from salary of executives, directors
KARACHI: The collection of income tax has registered sharp growth of 85 percent on salary received by executives/directors of companies....
Govt to start action against hoarders for increasing prices of essential commodities: Hammad
ISLAMABAD: Federal Minister for Economic Affairs, Hammad Azhar said that government would expedite crack-down against hoarders for reducing the prices...
Customs Court extends remand of suspects in contraband goods smuggling case
KARACHI: The Customs Court sent suspects namely Naseer Ahmed son of Ali Khan and Muhammad Irfan son of Sher Muhammad...
Educational institutions share details of persons paying annual fee above Rs200,000
ISLAMABAD: Federal Board of Revenue (FBR) received details from educational institutions of persons paying over Rs200,000 annual fee FBR). According...
DGTT issues procedure of tracking, sealing of Afghan Transit exports
KARACHI: Directorate-General of Transit Trade Director-General Sarfraz Ahmad Warriach has directed all concerned staff to adopt the procedure envisaged in...
SC says internet companies exempted from FED, dismisses FBR plea
ISLAMABAD: The internet services are exempted from the federal excise duty (FED), the Supreme Court said in a ruling and...
Round the clock opening of border increase revenue generation
PESHAWAR: Pakistan-Afghanistan sharing border trade has increased 33 percent in addition with 36 percent revenue in import has been added...
FBR amends guidelines for performance allowance of tax officials
ISLAMABAD: Federal Board of Revenue (FBR) has delegated powers to head of respective field formations of approving performance allowance of...
NAB chairman warns of stern action against unrehearsed prosecutors
ISLAMABAD: National Bureau Accountability (NAB) Chairman Justice (R) Javed Iqbal warned that a strong action will be taken against prosecutors...
Pakistan stocks take a battering as IMF shadow looms large over revenue shortfall
KARACHI: Pakistani stocks took a battering on Friday as fears of harsh measures to curtail a revenue shortfall and a...
Govt will take measures to provide relief to masses: Asad Umer
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umer said present government to provide relief to masses confronted...
China lauds Pakistan’s efforts, thanks ‘iron brother’ for supplying medical aid for coronavirus
BEIJING: Chinese Deputy Director-General of Asian Affairs Yao Wen welcomed Pakistan’s efforts during the ongoing coronavirus outbreak in the country....
PM Imran approves summary to ban sugar exports
ISLAMABAD: Prime Minister (PM) Imran Khan on Friday approved a summary to ban sugar exports. The move comes in the...
