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FTO expresses concern over repeated changes in the tax jurisdiction of overseas Pakistanis
LAHORE: The Federal Tax Ombudsman (FTO) has expressed serious concern over the repeated changes in tax jurisdiction for an overseas...
Bakhtawari calls for minimizing raw material import to support construction sector
PESHAWAR: President Islamabad Chamber of Commerce and Industry (ICCI) Ahsan Zafar Bakhtawari Tuesday urged the government to collaborate with the...
KP increases salaries and pensions in budget for fiscal year 2023-24
PESHAWAR: Khyber Pakhtunkhwa (KP) caretaker government has presented budget for the first four months of fiscal year 2023-24 after formal...
Pakistan fails to secure LNG cargoes for Oct-Dec: Bloomberg
KARACHI: Pakistan has failed to secure liquified natural gas (LNG) from the spot market in its first attempt in about...
PM Shehbaz hopes to meet Kristalina Georgieva in Paris for rescuing IMF deal
ISLAMABAD: Can Pakistan still salvage the International Monetary Fund (IMF) loan programme? Well! There is still some hope as the...
POL import bill shrinks by 21.84pc in 11 months
ISLAMABAD: The imports of the overall petroleum group contracted by 21,84 percent during the first eleven months of the current...
PM for increasing FDI to $5b through SIFC
ISLAMABAD: Prime Minister Shehbaz Sharif has said with the help of the Special Investment Facilitation Council (SIFC), the immediate task...
Bank holidays announced for Eidul Azha 2023 in Pakistan
KARACHI: The State Bank of Pakistan (SBP)officially announced the bank holidays for Eid ul Azha 2023. In a statement, the...
Around 9000 retailers register under POS: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has said around 9000 retailers have registered under the FBR, Point of Sale...
OGRA takes swift action against violations in LPG industry
ISLAMABAD: In a proactive move to ensure compliance with safety standards and regulations in the Liquefied Petroleum Gas (LPG) industry,...
Dar chairs concluding session of Business, Technical Anomaly Committee meeting
ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar chaired the concluding session of the Business & Technical Anomaly Committees’ meeting at...
Pakistan needs to improve storage system to become self-sufficient in food: ICCI
ISLAMABAD-President of Islamabad Chamber of Commerce Ahsan Zafar Bakhtawari has said that Pakistan needs to improve its storage system to...
Multan Customs to use scientific method to determinate water content in imported consignments of betel leaf
MULTAN: Multan custom authorities decided to use an appropriate scientific method to determine water content of imported consignments of betel...
Pak Suzuki once again halts production for two weeks
KARACHI: Inventory shortage continues to trouble the auto industry as Pak Suzuki Motor Co. Ltd (PSMC) announced another shutdown for...
Banks to observe normal banking hours on June 24: SBP
KARACHI: To facilitate the collection of government duties and taxes, bank branches on June 24 (Saturday) will observe normal banking...
PM witnesses MoU on $3.48b C-5 nuclear power project
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday witnessed the signing of Memorandum of Understanding (MoU) between Pakistan and China for...
Pakistan’s default odds rise as IMF sours on bailout: Bloomberg
KARACHI: The International Monetary Fund’s (IMF) criticism of Pakistan’s latest budget suggests chances are rising that the lender will opt...
FBR issues draft of individual paper return for tax year 2023
ISLAMABAD: The Federal Board of Revenue (FBR) has issued the draft of the “Individual Paper Return” for Tax Year 2023...
Pakistan records current account surplus for third month in a row
KARACHI: Pakistan — for the third consecutive month — posted a current account surplus in May due to an increase...
Goods imported for STZs must be retained for 10 years: FBR
ISLAMABAD: The goods imported for the Special Technology Zones (STZs) have to be retained for a period of at least...
