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ISLAMABAD: The collection of withholding tax has sharply declined by 52 percent during tax year 2020 as the tax was...

DG Valuation revises customs values of PVC flooring vide VR No 1476

KARACHI: Directorate-General of Customs Valuation Director Shafiq Ahmad Latki has determined customs values of PVC flooring PCT (3918.1000) under Section...

ECC allows SNGPL for recovery of revenue shortfall

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic...

CDNS achieves collection of Rs10b by Sep 30

ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved collection net target of Rs10 billion by of fiscal year...

Customs values of formic acid revised vide VR No 1475/2020

KARACHI: Directorate-General Customs Valuation Director Shafiq Ahmad Latki has determined customs values of Formic Acid vide Valuation Ruling No. 1474/2020...

PSX holds gong ceremony to mark launch of ETFs

KARACHI: Pakistan Stock Exchange (PSX) held a gong ceremony today to formally mark the launch of Exchange Traded Funds (ETFs)...

Multan Adjudication adjourns five seizure cases

MULTAN: Collectorate of Customs Adjudication Multan Camp Office has adjourned hearing of 5 seizure cases forwarded by Anti-Smuggling Organization and...

Asian stocks at two-week high as Trump returns to White House

SINGAPORE: Asian stock markets advanced to a two-week high on Tuesday after U.S. President Donald Trump was discharged from hospital...

LCCI seeks govt’s help to stop uncalled for customs raids

byM Hayat

LAHORE: The federal government should help stop uncalled for raids at various business houses by law enforcers as the raids...

FBR warns officers not to exert political pressure in administration matters

ISLAMABAD: The Federal Board of Revenue (FBR) has warned its officers not to exert political pressure onto the administration in...

PM Imran appoints Dr Waqar Masood as special assistant on revenue

ISLAMABAD: Prime Minister Imran Khan appointed eminent economist and former secretary finance Dr Waqar Masood Khan as his special assistant...

FBR might offer golden hand shake scheme to employees in 2021

ISLAMABAD: Federal Board of Revenue (FBR) has hinted that FBR might offer a golden handshake scheme for the redundant workforce...

Customs E&C submits FIR of foreign origin cloth smuggling case

byM.B. Rana

KARACHI: Collectorate of Customs Enforcement & Compliance (E&C) submitted first information report (FIR) against suspect namely Abdul Razaq son of...

FBR grants income tax exemption of Rs27b to power generation companies

ISLAMABAD: Federal Board of Revenue (FBR) has granted an exemption from income tax to the tune of Rs27 billion during...

SHC restrains customs officials from encashment of pay order on petition filed by M/s Crystal Enterprises

byM.B. Rana

KARACHI: The Sindh High Court (SHC) directed customs officials to release consignment of electro galvanized steel sheets of secondary quality...

Motor cars imports reduced by 31.40pc

ISLAMABAD: Motor cars imports during first two months of current fiscal year reduced by 31.40 per cent as compared the...

Trade deficit expands to $5.8b during 1Q of FY20

ISLAMABAD: Pakistan’s trade deficit marginally widened to $5.8 billion in first quarter of current fiscal year due to surge in...

NPMC holds meeting to review price mechanism for essential commodities

ISLAMABAD: The meeting of National Price Monitoring Committee (NPMC) was held under the Chairmanship of the Special Secretary Finance to...

Pak-Afghan Parliamentary Friendship Group to discuss containers detention charges today