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FBR issues special instructions to field formations regarding coronavirus
MULTAN: The Federal Board of Revenue has issued special instructions to all heads of field formation of Inland Revenue and...
SHC seeks reply on petition filed by M/s Assher Trading against enhancement of valuation
KARACHI: The Sindh High Court (SHC) issued notices to the customs officials and deputy attorney general and directed them to...
EU to provide €13m to Pakistan under PFMSP
ISLAMABAD: The European Union agreed to provide €13 million grant to Pakistan improve its fiscal policies and budget preparations, said...
Customs Preventive seizes Indian origin smuggled katha in Shershah
KARACHI: Collectorate of Customs Preventive apprehended huge quantity of smuggled Indian prohibited katha worth millions of rupees. According to the...
SHC seeks comments on petition filed by more than 60 importers
KARACHI: The Sindh High Court (SHC) directed high officials of Federal Board of Revenue (FBR) and others to make sure...
ePay Punjab generates Rs1b revenue in five months
LAHORE: ePay Punjab, the first-ever government payment aggregator for citizens’ facilitation and ease of business, has collected over Rs1 billion...
Gold drops Rs300 per tola, traded at Rs94,450
KARACHI: The per tola price of 24 karat gold depreciated by Rs300 on Thursday and was traded at Rs94,450 as...
FBR clarifies news about refunds, ST collection
ISLAMABAD: The Federal Board of Revenue (FBR) Thursday clarified that refund claims (filed in Annex-H) were only Rs37 billion, out...
POL prices likely to witness significant cut
ISLAMABAD: A cut in the prices of petroleum products is expected in the next couple of days. According to a...
Coronavirus threat: PSX loses 1,002 points
KARACHI: The bench mark 100-index of the Pakistan Stock Exchange (PSX) on Thursday plunged 1,002 points at the start of...
Coronavirus in Pakistan: Surgical masks prices go skyrocketing
KARACHI: Amid coronavirus outbreak Pakistan running out of surgical masks and the cost has been surged by thousand percent. According...
FBR allows filing of ST & FED returns up to Feb 28
ISLAMABAD: Federal Board of Revenue (FBR) has allowed taxpayers to file their monthly sales tax and federal excise returns up...
Pakistan’s continued inclusion in FATF grey list negative for banks: Moody’s
ISLAMABAD: Pakistan’s continued inclusion in Financial Action Task Force (FATF) grey list is credit negative for the country’s banking system,...
Multan Appraisement issues recovery notice to M/s Thaheem International
MULTAN: Collectorate of Customs Appraisement Faisalabad recovery branch issued attachment warrant to M/s. Thaheem International for the recovery of outstanding...
M/s Khalid Traders approaches SHC seeking restraining order against auction proceedings
KARACHI: M/s Khalid Traders approached the Sindh High Court (SHC) and filed a constitutional petition seeking restraining order against auction...
Govt reaches agreement with textile exporters: Hammad Azhar
ISLAMABAD: The government has reached an agreement with the textile exporters, announced Federal Minister for Economic Affairs, Hammad Azhar. “We...
IMF to decide $450m disbursement in April
ISLAMABAD: International Monetary Fund (IMF) executive board will decide about disbursement of $450 million in early April 2020 The IMF...
SBP holds awareness seminar on online tax payment
HYDERABAD: In order to facilitate the business community of Hyderabad, the State Bank of Pakistan has arranged an awareness seminar...
SBP’s foreign exchange reserves flat at $18.743b
KARACHI: Pakistan’s liquid foreign exchange reserves were flat at $18.743 billion by week ended February 21, 2020, State Bank of...
NAB-EBM approves filing 2 references, 5 investigations, 5 inquiries
ISLAMABAD: The National Accountability Bureau (NAB) Wednesday authorised filing two corruption references, two investigations and five inquiries against various personalities...
