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Pakistan, ADB to expand cooperation in various fields
ISLAMABAD: Pakistan and Asian Development Bank (ADB) on Monday agreed to expand cooperation in various sectors. The understanding came during...
Hammad Azhar to replace Dr Hafeez Shaikh as Finance Minister
ISLAMABAD: Prime Minister Imran Khan has decided to remove Dr Hafeez Shaikh as Finance Minister and replace him with incumbent...
Exchange companies to pay 0.6pc WHT on cash withdrawal: FBR
ISLAMABAD: The concessionary rate of tax allowed to exchange companies on cash withdrawal has been linked to active taxpayers list....
FBR should stop intelligence, investigation raids: KCCI
KARACHI: Federal Board of Revenue (FBR) has been urged to stop raids by Directorate of Intelligence and Investigation and their...
PM directs banks to simplify loan procedure under Naya Pakistan Housing Scheme
ISLAMABAD: Prime Minister (PM) Imran Khan, while observing that people have been difficulties in seeking loans under Naya Pakistan Housing...
Rice exporter’s vows to boost health standards in rice farmers
ISLAMABAD: Rice exporters has vowed to boost the health standards and high quality of life of rice farmers for maintaining...
APBUMA expresses concern over non payment of duty drawback of taxes & income tax refunds
MULTAN: All Pakistan Bedsheets Upholstery Manufacturing Association (APBUMA) has expressed grave concern over the unavailability of cotton yarn and non-payment...
KCCI members advised to get membership renewed by March 31, 2021
KARACHI: The Karachi Chamber of Commerce & Industry (KCCI), in a statement issued, advised all its members to renew their...
M/s Hussain Formaids moves SHC against enhancement of valuation
KARACHI: M/s Hussain Formaids has approached the Sindh High Court (SHC) and filed a constitutional petition against enhancement of valuing...
SHC dismisses several reference applications filed by Appraisement West against M/s Faisal Associates & others
KARACHI: A two-member bench of The Sindh High Court has dismissed several reference applications filed by The Collector of Customs, Through...
Bank deposits surge 17pc in Feb
ISLAMABAD: The Pakistani banking sector deposits continued to show healthy growth during the pandemic, as the total deposits held by...
FIA seizes over 100 bank accounts of sugar mafia
LAHORE: The Federal Investigation Agency (FIA) has seized bank accounts of 40 key figures of the sugar mafia. According to...
Gold prices fall further in domestic market
KARACHI: Gold prices continued a downward trend in the domestic market for the third consecutive day as per tola price...
WB to provide 1.3b dollars to support Pakistan’s social sector development
ISLAMABAD: World Bank is to provide 1.3 billion dollars to Pakistan to support its initiatives in different sectors. An agreement...
Collector AIIA Azmat Tahira transfers superintendents, office superintendent, inspectors, assistant & sepoys
LAHORE: Collectorate of Customs Allama Iqbal International Airport (AIIA) Azmat Tahira has issued order for transfers and postings of following...
SBP should be given autonomy to pursue its objectives: Dr Reza Baqir
KARACHI: Governor State Bank of Pakistan (SBP) Dr Reza Baqir has said that the draft approved by the Cabinet is...
FBR extends date for updating tax profile up to June 30
ISLAMABAD: Federal Board of Revenue (FBR) extended the last date for updating taxpayer profile up to June 30, 2021. The...
FBR removes IR official Maqbool Ahmed from service for concealing assets & hiding foreign trips
ISLAMABAD: Federal Board of Revenue (FBR) imposed major penalty of ‘removal from service’ upon Maqbool Ahmed, a BS-16 officer of...
SHC sets aside impugned notice U/S 37 of sales tax act 1990 issued to M/s Aachee Garments & others
KARACHI: Two-member bench of the Sindh High Court (SHC) has set aside impugned notice under section 37 of the Sales...
Customs Court grants bail to owner of M/s Glow Industries in fake input & refund of sales tax case
KARACHI: The Customs Court granted bail to suspect namely Muhammad Ali owner of M/s Glow Industries against the surety of...
