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FATF likely to give ruling over Pakistan’s placement in grey list today
ISLAMABAD: The Financial Action Task Force (FATF) is expected to announce later today whether Pakistan has done enough to exit...
Pakistan cotton prices peak to 11-year high
KARACHI: Cotton prices in Pakistan pushed to an 11-year high because of a decline in production. Cotton traded at Rs12,000/maund,...
Cement export decreases 3.80pc in 7 months of FY21
ISLAMABAD: The exports of cement from the country witnessed a decrease of 3.80 percent during the seven months of financial...
Customs court approves charge sheet in contraband goods smuggling case
KARACHI: The Customs Court approved interim charge sheet against suspects namely Asghar Khan son of Abdul Ghaffar and Shah Jahan...
SBP allows five days forward sale, purchase of foreign exchange against export proceeds
KARACHI: The State Bank of Pakistan (SBP) on Wednesday allowed five days forward sales and purchase of foreign exchange against...
ADB sells $2b 10-Year Global Benchmark Bond
ISLAMABAD: The Asian Development Bank (ADB) priced a $2 billion 10-year global bond, proceeds of which will be part of...
Islamic banking poised to expand across South, Southeast Asia post-pandemic: Moody’s
ISLAMABAD: Islamic banks in South and Southeast Asia have sufficient capital and liquidity to meet increased demand for financing as...
Non-textile exports surge 1.85pc in 7MFY21
ISLAMABAD: Pakistan’s non-textile exports posted 1.85 per cent growth year-on-year to $5.49 billion in the first seven months of FY21,...
Nepra reserves judgment on KE petition for power price hike
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) reserved judgment on a petition filed for hike in power tariff under...
PTBA asks FBR stop interfering judicial function of Commissioner Appeals
ISLAMABAD: Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to stop interference in judicial function...
FBR allows exemption from income tax on import of sugar
ISLAMABAD: Federal Board of Revenue (FBR) allowed exemption from income tax on import of raw and refined sugar. The FBR...
MTBA elects Malik Khadim Hussain Maitla as president & M. Sharif as general secretary
MULTAN: Multan Tax Bar Association elected Malik Khadim Hussain Maitla as President and Chaudhry Muhammad Sharif as General Secretary unopposed...
SNGPL to spend Rs9b on transmission network’s reinforcement in KP
ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) is working on an extensive plan to reinforce its transmission network in...
Rahat Fateh Ali Khan gets reprieve on secret bank accounts issue
LAHORE: Pakistani singing powerhouse Ustad Rahat Fateh Ali Khan has gotten some reprieve on the issue of secret bank accounts....
PRAL detects vulnerabilities in Google Chrome; issues advisory
ISLAMABAD: The Pakistan Revenue Automation Pvt Limited (PRAL) has identified multiple vulnerabilities in Google Chrome, which are the most severe...
FBR taking measures to facilitate business community: Abid Raza Bodla
MULTAN: Chief Commissioner Inland Revenue (IR) Multan Region Abid Raza Bodla listened the grievances of member of Multan Chamber of...
M/s Continental Tea challenges STGO 103/2019 & STGO 104/2019 in SHC
KARACHI: A division bench of the Sindh High Court (SHC) directed customs officials to make sure filing their para wise...
Finance ministry issues clarification regarding “Disparity Reduction Allowance”
ISLAMABAD: Reference an article appeared in a section of press, it is clarified that the Federal Cabinet has approved grant...
Legal departments of FBR, IR major cause for delay despite stay orders: SHC
KARACHI: A two-member bench, headed by Justice Junaid Ghaffar and Justice Agha Faisal issues notices the Chairman FBR, as well...
Circular debt to reach Rs2.8tr in next four months, NA panel told
ISLAMABAD: The National Assembly’s Standing Committee on Finance and Revenue was informed that the country’s circular debt would surge to...
