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SHC directs to release consignment of M/s General Dynamic Corp on bank guarantee

byM.B. Rana

KARACHI: The Sindh High Court (SHC) directed customs officials to consider application of importer for provisional release of its...

Bank holidays announced for Ashura

KARACHI: State Bank of Pakistan (SBP) announced that the central bank will remain closed on August 29 and 30 on...

FBR approves Audit Policy-2019

ISLAMABAD: The Federal Board of Revenue (FBR) approved the Audit Policy-2019 pertaining to Tax Year-2018. The Audit Policy-2019 would apply...

Rains in Karachi: Traders facing loss of Rs10 to 12b

KARACHI: President All Karachi Tajir Ittehad (AKTI) Atique Mir on Thursday said that traders have sustained loss of Rs10 to...

Decisions on Roosevelt Hotel to be taken in national interest: Shaikh

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh said Thursday that all decisions related...

Pakistan Post launches new product for export sector

ISLAMABAD: Pakistan Post has launched a new product for export sector companies (small & medium Enterprises) and fast, reliable and...

ADB announces Pakistani-rupee linked bonds worth $200m

ISLAMABAD: The Asian Development Bank (ADB) would provide offshore Pakistan rupee-linked bonds for International investors in order to support local...

Pakistan’s earns US$1438m from IT services’ export during FY 2019-20

ISLAMABAD: Pakistan earned US $ 1438.827 million by providing different information technology (IT) services in various countries during July-June (2019-20)....

Audit Poicy 2019: FBR grants audit immunity to salaried persons, pensioners

ISLAMABAD: Federal Board of Revenue (FBR) has granted audit immunity to salaried individuals and pensioners for income declared/ return filed...

Karachi rains: Pakistan Refinery expresses fear of temporary shutdown

KARACHI: Due to the recent torrential downpour, Pakistan Refinery Limited, an oil refinery based in Karachi incurred huge losses to...

SBP defers Rs644b loan payments under refinancing scheme

ISLAMABAD: The State Bank of Pakistan (SBP) under its refinancing scheme for protecting businesses from the impact of coronavirus (COVID19),...

Govt plans to tap pockets of overseas Pakistanis to boost reserves: Reza Baqir

KARACHI: Government is planning to tap pockets of overseas citizens to boost reserves as the central bank seeks to tap...

KCCI urges to declare Karachi as ‘calamity-hit’, demands financial support to affectees

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan, while expressing deep concerns over the disaster...

Peshawar Customs seizes smuggled goods, vehicles worth Rs327m

PESHAWAR: Collectorate of Customs has seized goods and vehicles worth Rs327 million during the past three weeks, Spokesperson Federal board...

Razak Dawood fears rains may dent exports in August

KARACHI: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Wednesday feared that the country’s exports...

FIA opens money laundering probe against Jahangir Tareen’s JWD