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Dar sees Pakistan’s forex reserves ‘strengthening’ soon
ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar said Saturday that Pakistan's foreign exchange reserves would "strengthen" in the...
Exchange firms willing to open LCs for imports at open market rates
KARACHI: Exchange firms offered the government to pay for the opening of letters of credit (LCs) for imports as banks...
Real Estate sector investment volume is $88b in Pakistan: President EAA
ISLAMABAD: President Islamabad Estate Agent Association and Federation of Realtors Pakistan, Sardar Tahir Mehmood has said that the real estate...
FTO asks FBR to withdraw notices against deceased taxpayer
LAHORE: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to withdraw notices of monitoring of...
President imposes fine on UBL for filing frivolous representation
KARACHI: President Dr Arif Alvi has imposed a fine of Rs 20,000 on United Bank Ltd (UBL) over filing a...
PAC seeks action against FBR officials posted in Karachi for long
ISLAMABAD: The Public Accounts Committee (PAC) ordered that all those customs, income tax, and other officials of the Federal Board...
FBR aims to add 2m retailers in tax net
ISLAMABAD: The Federal Board of Revenue (FBR) started a new exercise of broadening the tax base. Special Assistant to the...
Dar felicitates President AIIB on assuming second term
ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar has said that due to pragmatic measures taken by...
Banks to settle int’l card payments on open market dollar rate
KARACHI: Pakistani banks have announced to settle Debit/credit card transactions on international merchants and websites at the open market dollar...
SECP Chairman for improving standards of national insurance industry
ISLAMABAD: The Chairman Securities and Exchange Commission of Pakistan (SECP) Akif Saeed emphasized upon improving the corporate image of the...
Poultry Association forecasts price of chicken reaching Rs1,000/kg
KARACHI: The chairman of the Pakistan Poultry Association, Chaudhry Muhammad Ashraf, has expressed concern that the price of chicken could...
ICCI for 15-years export policy to boost economy
ISLAMABAD: Islamabad Chamber of Commerce and Industry has called upon the government to formulate a 15-year export policy to give...
Assistant Collector Habib-ur-Rehman transfers inspectors, LDC
MULTAN: Collectorate of Customs Enforcement Assistant Collector has issued transfer order of 20 employees including 19 inspectors and one lower...
Lahore I&I recovers Rs2.085b illegally imported goods, items
LAHORE: Customs Intelligence, Lahore range registered 127 cases during the second quarter involving Rs2.085 billion in comparison to 76 cases...
Customs values on import of Sodium Hydroxide enhanced
LAHORE: Directorate-General Customs Valuation has made 35 percent increase in customs values on the import of Sodium Hydroxide (Caustic Soda)...
Pakistan Business Council delegation calls on PM Shehbaz Sharif
ISLAMABAD: A delegation of the Pakistan Business Council called on Prime Minister (PM) Shehbaz Sharif. Pakistan Business Council expressed confidence...
Bank profits likely to drop as govt considers imposing tax on foreign exchange income
KARACHI: Commercial banks are likely to have their earnings dropped by 4 to 11 per cent for 2022 if the...
Millat Tractors shut down for indefinite period on low demand, cash crunch
LAHORE: Millat Tractors Limited (MTL), Thursday announced it was shutting down production for an indefinite period starting Friday, arguing they...
SBP-held reserves plunge to lowest since April 2014
KARACHI: The State Bank of Pakistan (SBP)-held foreign exchange reserves fell further as the country paid external debts amid a...
SC fines Pakistan Customs for wasting court time on ‘frivolous’ plea
ISLAMABAD: The Supreme Court of Pakistan imposed a fine on the Pakistan Customs for unnecessary litigation in a case related...
