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Pakistan reserves increase $2,071m to $16,195.6m: SBP
KARACHI: Pakistan s foreign exchange reserves increase by $2,071 million to $16,195.6 million in the week ending June 24 after...
Stranded cargos: LCCI president jumps-in to rescue importers
LAHORE: While appreciating ban on luxury items to control trade deficit, President of the Lahore Chamber of Commerce and Industry...
Govt jacks up petrol price by Rs14.85 per litre
ISLAMABAD: In yet another jolt to the inflation-hit masses, the government has decided to increase petrol and diesel prices by...
Modern terminal at Torkham border to boost trade with Afghanistan: Additional Collector Muhammad Tayyab
TORKHAM: Collectorate of Customs Additional Collector Muhammad Tayyab has said that a modern terminal is being constructed at the Torkham...
FTO detects containers clearance scam involving customs officials
LAHORE: The Federal Tax Ombudsman (FTO) has detected a scam of removal of non-duty paid goods in the garb of...
Rs113.899b to be spent on reinforcement of gas transmission network
ISLAMABAD: The two state-owned companies, SNGPL and SSGC, would collectively spend funds amounting to Rs113.899 billion on the reinforcement of...
Govt taking measures for ease of doing business: Miftah Ismail
ISLAMABAD: Federal Minister for Finance and Revenue, Miftah Ismail has said the government was taking all required measures for enhancing...
Director Fawad Ali Shah revises customs value of fresh ginger & fresh garlic vide VR No 1670/2022
KARACHI: Directorate-General Customs Valuation Director Syed Fawad Ali Shah has revised customs values of fresh ginger and fresh garlic under...
Govt imposes up to Rs16000 levy on mobile phones imports
ISLAMABAD: The Finance Bill 2022-2023 approved by the Federal government imposed up to Rs16000 levy on the import of mobile...
NA passes Finance Bill 2022-23, approves 10pc ‘Super Tax’
ISLAMABAD: National Assembly (NA) on Wednesday passed Finance Bill 2022-23, giving legal effect to the budgetary proposals for the next...
Utility Stores across Pakistan to remain close for two days
ISLAMABAD: The Utility Stores across Pakistan will remain shut for two days and the citizens will be able to purchase...
SBP announces bank holiday on July 1
KARACHI: Banks in Pakistan will remain closed on July 1 for public dealing on account of financial close, a statement...
FTO directs FBR to depute additional staff in DG PCA to curb tax evasion
LAHORE: Federal Tax Ombudsman (FTO) Asif Mehmood Jah noted the FBR failure to develop effective and robust mechanism to capture...
Series of videos launched to give awareness about agriculture financing: SBP
KARACHI: State Bank of Pakistan has launched a series of videos in national and regional languages about agriculture financing products...
Pakistan earns $634m by exporting transport services in 10 months
ISLAMABAD: Pakistan earned $634.760 million by providing different transport services in various countries during the first ten months of fiscal...
Japan gives $2.3m grant to Pakistan for human resource development
ISLAMABAD: The Japanese government Tuesday extended grant assistance of Japanese Yen 313 million (approximately $2.3 million) to Pakistan for the...
IMF combines seventh, eighth tranches for Pakistan through MEFP: Miftah
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail said that the government had received Memorandum of Economic and Financial...
FBR close to beating Rs6.1tr target for FY22
ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs6 trillion in taxes since the start of the outgoing fiscal...
Lahore Appraisement lodges FIR against SMJ International for replacing goods
LAHORE: Collectorate of Customs Appraisement, Investigation and Prosecution (I&P) cell has registered an FIR against SMJ International for replacing goods...
CAD widens to $1.425b, up 131pc over last month: SBP
KARACHI: As per data released by the State Bank of Pakistan (SBP), the current account deficit clocked in at $1.425bn...
