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FBR verifying just 30pc of total rebate claims filed by exporters in FY23
LAHORE: The Federal Board of Revenue (FBR) is verifying only 30 percent of the total rebate claims filed by the...
Cars’ sale plunges 39pc in six months
ISLAMABAD: The sale of cars during the first six months of current fiscal year 2022-23, has dropped by 39.96 percent...
Quetta I&I seizes smuggled goods worth Rs166.5m during first ten days of Jan 2023
QUETTA: After the directions of Director-General Customs Intelligence and Investigation (I&I) Faiz Ahmed and under the supervision of Director I&I...
Pakistan, Saudi Arabia to ink $1b oil sector agreement
KARACHI: Pakistan and Saudi Arabia are expected to ink an agreement of over $1 billion in the oil sector, through...
ECC allows to fix DTP of 50kg imported urea at Rs2340 per bag
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Wednesday considered and approved a summary of the Ministry of Industries...
Dar rejects impression of taking over commercial banks’ forex reserves
ISLAMABAD: Finance and Revene Minister Muhammad Ishaq Dar clarified that the government won t take over foreign exchange held by...
Almost $70m dollars being smuggled to Afghanistan monthly: report
ISLAMABAD: Almost $60 to $70 million dollars was being smuggled from Pakistan to Afghanistan on a monthly basis. According to...
Multan Customs foils bid to smuggle goods worth Rs10m near M-5 Motorway
MULTAN: Collectorate of Customs Enforcement has seized huge quantity of non-customs paid foreign origin cloths, tyres and miscellaneous goods near...
Lahore I&I to auction 35 foreign origin motor vehicles on Jan 14
LAHORE: Directorate of Customs Intelligence and Investigation (I&I) has announced auction of foreign origin motor vehicles to be held on...
Business leaders urge govt to focus on imports substitution and exports promotion
ISLAMABAD: The Islamabad Chamber of Commerce and Industry organized a Conference on Revival of Economy. Prominent business leaders from across...
OGRA drops gas bomb: Tariff hiked up to 74pc from July 2022
ISLAMABAD: Amid biting inflation and shrinking purchasing power, the Oil and Gas Regulatory Authority (OGRA) has dropped a gas bomb...
Over 18pc surplus witnessed in Pak-Bangladesh trade: SBP
KARACHI: Pakistan’s goods and services trade with Bangladesh witnessed a surplus of 18.64 percent during first five months of current...
DG Valuation revises customs values of Green Tea vide VR No 1723/2023
KARACHI: Directorate-General Customs Valuation, Director Fayyaz Rasool Maken has revised customs values of Green Tea under section 25-A of the...
DG Valuation determines customs values of glass tubing vide VR No 1721/2023
KARACHI: Directorate-General Customs Valuation Director Fayyaz Rasool Maken has determined customs values of glass tubing of a kind used for...
National Tariff Commission to work with LCCI for tariff rationalization
LAHORE: National Tariff Commission (NTC) Chairperson Anjum Asad Amin and President of the Lahore Chamber of Commerce and Industry (LCCI)...
Govt likely to appoint new SBP deputy governor
KARACHI: The government has decided to appoint a new deputy governor of the State Bank of Pakistan (SBP) with deputy...
Saudi Arabia mulls increasing Pakistan deposit to $5 billion
RIYADH: Islamabad's efforts to shore up the country's forex reserves with the help of Saudi Arabia —amid a worsening currency...
WB maintains Pakistan’s GDP growth forecast at 2pc for FY23
ISLAMABAD: The World Bank in its latest report has forecast Pakistan’s real Gross Domestic Product (GDP) to grow at 2.0%...
NA body pass ‘Imports, Exports (Control) (Amendment) Bill, 2022”
ISLAMABAD: The Standing Committee on Commerce on Tuesday unanimously passed the Imports and Exports (Control) (Amendment) Bill, 2022. “The Imports...
CDNS achieves Rs740b through fresh bonds by January 8
ISLAMABAD: The Central Directorate of National Savings (CDNS) achieved the target of issuing Rs 740 billion in fresh bonds in...
