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Headline inflation increases by 8.6pc in June
ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) increased by 8.6 percent on Year on Year (YoY) basis...
M/s Manto Enterprises moves SHC challenging VR No 1454/2020
KARACHI: M/s Manto Enterprises filed petition before the Sindh High Court (SHC) challenging valuation ruling no 1454/2020 and seeking release...
Amid COVID-19, FBR achieves revised tax collection target for 2019-20
ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs411 billion in the month of June, 2020 against the set target...
Finance Ministry rejects recommendation of lowering petroleum levy by Rs10
ISLAMABAD: Finance Ministry on Wednesday rejected a recommendation by Petroleum Division to reduce levy on petroleum products by 10 rupees....
Security forces to submit monthly seizure report of anti-smuggling operations to FBR
ISLAMABAD: Security forces engaged in anti-smuggling activities to submit monthly seizure report to Federal Board of Revenue (FBR). The FBR...
FBR imposes up to 7% additional customs duty to achieve revenue targets
ISLAMABAD: In an effort to achieve revenue collection target for fiscal year 2020/2021, Federal Board of Revenue (FBR) increased additional...
Customs Court approves after arrest bail of accused in HSD oil smuggling case
KARACHI: The Customs Court granted after arrest bail against suspects namely Naqeebullah son of Ubaidullah and Muhammad Shahid son of...
SRB makes mandatory for banks to provide quarterly statement of taxable services
KARACHI: Sindh Revenue Board (SRB) has made mandatory for banking companies to provide quarterly reconciled statement of taxable services provided...
PSX records Rs1.8tr turnover in FY2019-20
KARACHI: The Pakistan Stock Exchange (PSX) recorded almost Rs1.8 trillion in turnover during the fiscal year 2019-2020 (FY19-20), according to...
Central Region collects Rs4,172.59m customs duty more than double of assigned target
LAHORE: Customs Enforcement Central Region has collected Rs4,172.59 million customs duty which is more than double the assigned target of...
Hyderabad I&I foils bid to smuggle betel nuts worth Rs38.5m
HYDERABAD: Directorate of Customs Intelligence and Investigation (I&I) foiled a bid to smuggle huge quantity of betel nuts worth Rs38.5...
President Alvi formally approves Finance Bill 2020-21
ISLAMABAD: President Dr Arif Alvi on Tuesday formally approved the Finance Bill 2020-21 under Article 75 of the Constitution. Alvi...
PSX records fresh gains, 100-index increases by 240.12 points
ISLAMABAD: The Pakistan Stock Exchange (PSX) on Tuesday witnessed bullish trend as KSE 100 index closed at 34,421.92 points as...
Customs ASO surpasses revenue collection target for FY2019-20: Collector Seema Bokhari
ISLAMABAD: Seema Raza Bokhari Collector Customs Islamabad has said that allocated annual anti-smuggling target for current financial year 2019-20 was...
PSX records fresh gains, 100-index increases by 240.12 points
ISLAMABAD: The Pakistan Stock Exchange (PSX) on Tuesday witnessed bullish trend as KSE 100 index closed at 34,421.92 points as...
Govt should take action against shipping companies & terminal operators for not waiving detention & demurrage charges: Ch Umer
MULTAN: Government should take strict action against shipping companies and terminal operators for non-compliance of their decision to waive demurrage...
Virtual Platform can be helpful to promote trade activities, RCCI
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI), President SAboor Malik has said virtual platforms can be useful in...
Shanghai Electric submits fresh PAI to acquire K-Electric shares
KARACHI: K-Electric on Tuesday said that it has received fresh Public Announcement of Intention (PAI) from Shanghai Electric Power (SEP)...
Govt should announce more relief for FATA, PATA & tribal areas: Qaisar Daudzai
PESHAWAR: The Vice President FPCCI KPK Qaisar Khan Daudzai said Fata Pata, Tribal Areas (now merged in KPK province need...
Pakistan joins countries manufacturing ventilators on their own
ISLAMABAD: Federal Minister for Science and Technology Fawad Chaudhry on Tuesday informed National Assembly that the first consignment of domestically...
