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SBP defers Rs657.16b under refinancing scheme during COVID-19
ISLAMABAD: The State Bank of Pakistan (SBP), under its refinancing scheme for protecting businesses from the impact of COVID-19, has...
Shipping activity at Port Qasim on Feb 23
KARACHI: Four ships, MSC Heidi, Sphene, Gas Athena and Maritime Tuntiga carrying Container, Petroleum gas and Palm oil were arranged...
Importers to pay duty & taxes through e-payment system: Collector Muneeza Majeed
MULTAN: The Federal Board of Revenue (FBR) has taken initiative measure towards digitalisation and automation of economy in compliance with...
Majority banks to start processing foreign exchange digitally by February end: Ashraf Khan
KARACHI: Managing Director of State Bank of Pakistan’s Banking Services Corporation Muhammad Ashraf Khan has said that digitalization of foreign...
CDWP approves Rs25 billion development projects
ISLAMABAD: Central Development Working Party (CDWP) meeting approved four projects at an estimated cost of Rs25 billion and recommended two...
FBR forms committees for promotion of customs officials
ISLAMABAD: Federal Board of Revenue (FBR) constituted department promotion and selection committees for making recommendation for promotions and selections of...
Govt actions to be reviewed as FATF meeting begins
ISLAMABAD: The Financial Action Task Force (FATF) four-day virtual Plenary session, during which Pakistan’s performance in terms of measures taken...
Pakistan Tax Bar Association holds “Anti-Money Laundering” seminar
LAHORE: A seminar was held under the auspices of Pakistan Tax Bar Association titled “Anti-Money Laundering”. Prominent among those who...
KP govt introduces online system to monitor uplift projects in tribal districts
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has introduced an online system to actively monitor tribal districts’ development programme. As per...
Aruna Hussain, Soren Skou, Maersk Rs610 billion scam case: NAB to probe ‘robbing’ of importers
KARACHI: The National Accountability Bureau (NAB) has decided to investigate extortion of huge amounts from importers in the name of...
PRA seeks budget proposals from stakeholders by March 3
LAHORE: Punjab Revenue Authority (PRA) has requested that all of its stake holders propose suggestions for the upcoming budget 2021/22....
FBR chairman Javed Ghani directs to depute additional staff for smooth clearance of consignment
KARACHI: Federal Board of Revenue (FBR) Chairman Mohammad Javed Ghani has assured the customs clearing agents of expeditious consignment clearance...
CDNS reaches at Rs530b free deposits
ISLAMABAD: The savings of the Central Directorate of National Savings (CDNS) has reached to the free deposit of Rs530 billion...
M/s Bed & Blanket challenges VR 1436/2020 in SHC
KARACHI: A two-member of The Sindh High Court (SHC) directed customs officials to make sure filing their respective para wise...
Current account deficit reduced to US$229m in January, announces SBP
KARACHI: The State Bank of Pakistan (SBP) announced that the current account deficit has reduced to US$229 million in January...
Customs Court grants bail to suspects in contraband goods smuggling case
KARACHI: The Customs Court granted bail to suspects namely Abdul Wahab son of Abdul Rehman Soomro and Ali Akbar son...
SECP suggests making payment of cash dividends in three days
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Tuesday proposed to reduce time limit to three days for...
Remittance growth credit positive for Pakistani banks: Moody’s
ISLAMABAD: Rating agency Moody’s has termed growth in remittances in Pakistan as credit positive for banks, saying foreign inflows improve...
FDI declines over 27pc in Jul-Jan FY21
KARACHI: Foreign Direct Investment (FDI) declined by 27.4 percent during the period July-Jan 2021 of the fiscal year. According to...
QCCI seeks immediate release of pistachio consignments
QUETTA: Quetta Chamber of Commerce and Industry (QCCI) noted the Local Valuation Committee of Model Customs Collectorate (MCC), Quetta, in...
