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Pakistan, Russia signs MoU on exchange of statistical data between Customs
SAINT PETERSBURG: Pakistan and Russia today singed a Memorandum of Understanding (MoU) between Pakistan Customs and The Federal Customs Service...
18 mega uplift projects completed in Gwadar in record three months
ISLAMABAD: Following the consistent efforts of the federal government, fruition of the China Pakistan Economic Corridor (CPEC) projects can be...
Khuzdar Collectorate, led by Collector Imran Sajjad Bukhari, foils smuggling attempts worth Rs250m in 5 months
KHUZDAR: Led by Collector Imran Sajjad Bukhari, the Khuzdar Collectorate has successfully thwarted attempts to smuggle foreign goods worth over...
Pakistan complete extraction of Russian oil at Karachi port
KARACHI: Pakistan has completed the transfer of crude oil from a Russian ship that reached Karachi port with over 45,000...
Pay sales tax, submit returns before June 30 to escape fine, surcharge: PRA
LAHORE: The Punjab Revenue Authority (PRA) has warned all the taxpayers to pay sales tax and submit their returns before...
Moody’s sees very little chance of Pakistan salvaging IMF deal
SINGAPORE: Amid a complete stalemate, Moody’s Investors Service noted that Pakistan faced “increasing risks” of not being able to rescue...
Shell Petroleum to sell stakes in Pakistan
KARACHI: Shell Pakistan Limited (SPL) said on Wednesday that the parent company Shell Petroleum Company – which owns 77 per...
State Bank sells Treasury bills worth Rs2,586b
KARACHI: The State Bank of Pakistan (SBP) stated that the government has sold T-bills worth Rs2.586 trillion rupees in auction....
Petrol price in Pakistan likely to go down by Rs3-5 from June 16
KARACHI: The Pakistani government is expected to announce a cut in petrol price today for a second time this month...
Dar for supporting Aviation Sector
ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar committed to support the Aviation Sector and directed to...
ECC allows PLL to execute framework agreement with Azerbaijan oil company
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet after a detailed discussion allowed Pakistan LNG Limited (PLL) to execute...
Punjab Revenue Authority posts 15.3pc growth in revenue collection
LAHORE: Punjab Revenue Authority (PRA) successfully collected Rs.14.930 billion during the month of March 2023, which is reportedly 15.3% higher...
Businessmen express grave concerns over SBP’s decision to maintain 21pc policy rate
KARACHI: The record high policy rate of 21 per cent is damaging to Pakistan’s economy as it discourages new investments...
Govt to increase petroleum levy to Rs60 on IMF demand
ISLAMABAD: The federal government is likely to increase the Petroleum Development Levy (PDL) to Rs 60 to fulfil International Monetary...
DG I&I Faiz Ahmad recovers smuggled goods & vehicles worth Rs200m during last three days
LAHORE: Following the vision and meticulous directions of Faiz Ahmad Chadher, Director General Customs Intelligence & Investigation, Islamabad, the Directorate...
FBR tax offices to observe extended working hours on June 24-25
ISLAMABAD: The Federal Board of Revenue (FBR) has announced that the field formations of Inland Revenue shall remain open on...
MTBA seeks smooth functioning of IRIS to avoid any loss of invoices of input tax
MULTAN: Multan Tax Bar Association (MTBA) demanded Chairman Federal Board of Revenue for the rectification of IRIS to avoid any...
FBR forms two committees to remove anomalies in Finance Bill 2023-24
ISLAMABAD: Three days after the presentation of the Federal Budget 2023-24, the Chairman Federal Board of Revenue, Asim Ahmad has...
KPT to replace PICT after 21-year concession ends
KARACHI: The Karachi Port Trust (KPT) was permitted by the Cabinet Committee on Intergovernmental Commercial Transactions (CCoIGCT) to take over...
All Pakistan Anjuman e Tajran delegation meets Ishaq Dar
ISLAMABAD: A delegation of All Pakistan Anjuman e Tajran led by Mohammad Naeem Mir called on Finance Minister Senator Mohammad...
