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FBR withdraws reduced rate of withholding sales tax for registered persons
ISLAMABAD: A registered person, who is not an active taxpayer, may not avail benefit of reduced rate of withholding sales...
FBR directs concluding probes against officials on priority basis
ISLAMABAD: Federal Board of Revenue (FBR) has directed inquiry officers to complete their reports on an urgent basis against officials...
Amendments in NAO 1999 be made after reviewing govt’s commitments with FATF, UNCAC, OECD & SDG: TI Pakistan
KARACHI: On recent development of negotiations on the amendments in NAO 1999, Chairman TI Pakistan Sohail Muzaffar has expressed TI...
Gold price jumps Rs250 to Rs122,250 per tola
ISLAMABAD: The price of 24 karat gold jumps Rs250 on Wednesday and was traded at Rs122,250, against Rs122,500 on last...
OGRA recommends Rs7 hike in petrol price
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday recommended to the Petroleum Division that the prices of petroleum...
Collector Saima Aftab assures businessmen swift clearance facility at Multan Dry Port
MULTAN: Business community should utilize swift clearance facility at Multan dry port and their problems would be resolved on top-priority...
Customs Adjudication trying to conclude hearing of cases despite shortage of staff: Collector Adnan Akram
ISLAMABAD: Collector Customs Adjudication Dr. Muhammad Adnan Akram has said that the Collectorate is trying to conclude hearing of pending...
Govt asked to reduce customs duty, income tax on local gas
LAHORE: The government should bring down income tax on local gas from 4pc to 2pc; reduce general sales tax from...
Customs I&I foils bid to smuggle betel nuts worth Rs9.3m
KARACHI: Directorate General of Customs Intelligence and Investigation (I&I) foiled an attempt to smuggle huge quantity of betel nuts worth...
KPT shipping intelligence report July 29
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
McDonald’s global sales suffer as Covid-19 lockdowns limit operations
NEW YORK: McDonald’s Corp on Wednesday reported a broad drop in global same-store sales and missed profit expectations, as its...
PSX sustains bullish momentum amid soaring volumes
KARACHI: Bulls maintained their grip on the Pakistan Stock Exchange (PSX) for the third consecutive session on Wednesday, with the...
SBP issues instructions for promotion of Islamic Banking
KARACHI: Keeping in view the significant potential of Islamic Banking Windows (IBWs) in enhancing the share and outreach of Shariah...
FBR begins scrutiny of officials under new directory retirement rules
ISLAMABAD: Federal Board of Revenue (FBR) has started scrutiny of its officials from BS-1 to BS-16 under recently introduced the...
SECP adopts measures to strengthen capital markets
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) during the past few months has undertaken reforms and initiatives aimed...
Multan Customs transfers 56 inspectors to different locations
MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) has issued orders for transfer/posting 56 inspectors to different locations. According to...
SHC directs customs officials to consider request of M/s Jyoti Corporation
KARAHI: The Sindh High Court (SHC) directed collectors of customs Appraisement East/West/PMBQ to consider request of the petitioner for provisional...
Finance ministry releases monthly economic outlook for July
ISLAMABAD: Finance Ministry issued the monthly economic outlook of the country for July 2020, showing a decline in exports and...
Collector AIIA Azmat Tahira distributes work among two ADCs
LAHORE: Allama Iqbal International Airport Collector of Customs Azmat Tahira has distributed work among additional collectors. As per details, Additional...
Customs court approves remand of suspects in electronics goods smuggling case
KARACHI: The Customs Court approves physical remand of suspects namely Muhammad Atiq son of Muhammad Shafiq, Muhammad Arif son of...
