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SBP imposes Rs350.799m fine on six banks over regulatory violations
KARACHI: The State Bank of Pakistan (SBP) has imposed a Rs350.799 million fine on six banks over violations of regulatory...
New tax rates on sale & purchase of immovable property implemented: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has recently put into effect new tax rates on the sales and purchase...
FBR imposes 400pc tax increase on payments to non-residents via debit and credit cards
ISLAMABAD: The Federal Board of Revenue (FBR) has taken a significant step to discourage the outflow of foreign exchange reserves...
Govt decides reducing gas sector circular debt on IMF demand
ISLAMABAD: The federal government has decided to reduce gas sector circular debt on the demand of the International Monetary Fund...
Multan Customs prepares final list of employees for reward
MULTAN: Collectorate of Customs Enforcement has prepared the reward list of the working employees for fiscal year 2022-23. Collector MCC...
Economic integration in South Asia holds potential for regional development: Iftikhar Ali Malik
ISLAMABAD: Former President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik said the economic integration in South Asia holds...
Pakistan’s total foreign reserves reach $13.53 billion
KARACHI: The total liquid foreign reserves of Pakistan stood at US$13,534.1 million while reserves held by the central bank reached...
FBR launches IRIS 2.0, redefining user experience, efficiency
ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad has launched IRIS 2.0, an upgraded version of the tax filing...
ECNEC approves eight projects worth Rs1,219b
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved eight projects worth Rs1,219 billion just 12 days...
Pakistan oil companies sign MoU to collaborate with Saudi Aramco on $10b refinery
ISLAMABAD: Four leading Pakistani state-owned companies signed memorandum of understanding (MoU) to collaborate on $10 billion Greenfield Refinery project that...
CDNS sets target of Rs1743b for FY 2023-24
ISLAMABAD: The Central Directorate of National Saving (CDNS) has set a target of Rs 1743 billion for the current Fiscal...
Ayaz Sadiq hails WB, ADB economic support for Pakistan
ISLAMABAD: Federal Minister for Economic Affairs, Sardar Ayaz Sadiq appreciated the World Bank (WB) and Asian Development Bank (ADB) support...
Additional Director Ch. Rizwan Bashir arrests notorious vehicles smuggler
LAHORE: Directorate of Customs Intelligence & Investigation (I&I) Lahore has arrested the main linchpin of the network of vehicles’ smugglers....
Quetta Customs seizes smuggled goods worth Rs140m in different IBOs
QUETTA: Collectorate of Customs Enforcement has seized smuggled goods worth Rs140 million in different intelligence based operations (IBOs) Sources said...
Karachi I&I detects illicit money flow between Pakistan & China
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) Karachi has started massive crackdown against several importers and customs agents involved...
Weekly inflation jumps to 29.21pc
KARACHI: The weekly inflation, measured by Sensitive Price Indicator (SPI), increased by 3.73 per cent on a year-on-year basis for...
FBR hosts farewell dinner for outgoing chairman Asim Ahmad
ISLAMABAD: The Federal Board of Revenue Headquarters hosted a farewell dinner in the honor of outgoing Chairman FBR Mr. Asim...
Govt ensures sustainability of external, fiscal sectors in FY2023.
ISLAMABAD: The government has succeeded in ensuring the sustainability of the external and fiscal sectors through various tough decisions and...
Pakistan, Kazakhstan have trade potential of $1b: Ambassador Yerzhan
ISLAMABAD: Ambassador of Kazakhstan to Pakistan, Yerzhan Kistafin has said that Pakistan and Kazakhstan have the potential of $1 billion...
FBR freezes PIA accounts
LAHORE: The Federal Board of Revenue (FBR) has frozen the accounts of the national flag carrier Pakistan International Airlines (PIA)...
