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Customs Court issues notice on acquittal petition in HSD smuggling case
KARACHI: The Customs Court issued notices to the customs officials and directed them to file their comments on an application...
PSO incurs losses of more than Rs8b in 1Q of FY2020 as sales slump
KARACHI: Pakistan State Oil Company Limited (PSO) on Thursday said it took a hit of Rs8.750 billion during the quarter...
ECNEC okays projects worth Rs249.91b
ISLAMABAD: Executive Committee of the National Economic Council (ECNEC) has approved four major projects at a cost of nearly Rs...
FBR allows sales tax adjustment to Tier-1 retailers
ISLAMABAD: Federal Board of Revenue (FBR) allowed input adjustment of sales tax to Tier-1 retailers. The FBR issued SRO 344(I)/2020...
Industrial importers seek announcement of policy
LAHORE: The Friends of Economic and Business Reforms (FEBR) has appealed the central bank to formulate some financial policy for...
Better coordination mandatory to achieve set macro-economic targets: Hafeez Shaikh
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has emphasized the need for better...
Govt to form customs border security force to curb smuggling
ISLAMABAD: The federal government gave approval to the formation of a customs border security force to curb smuggling and ensure...
KPT shipping intelligence report April 29
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
Budget to be announced in first week of June: Hafeez Shaikh
ISLAMABAD: The federal government would present the budget for the fiscal year 2020-21 in the parliament in the first week...
Moody’s reduces growth forecasts for G20 economies
NEW YORK: Moody’s on Tuesday projected all G20 economies will contract by 4% in 2020 amid coronavirus, deeper than its...
Stocks extend rally with 605-point gain
KARACHI: Continuing with the positive trend from the previous session, indices of the Pakistan Stock Exchange (PSX) remained in the...
Gold price jumps Rs500 per tola in domestic market
KARACHI: Gold prices on Wednesday increased by Rs500 to Rs96,000 per tola in the domestic market. Likewise, the rate of...
Coronavirus infects 23 RTO Quetta officials
QUETTA: At least 23 tax officials posted at Regional Tax Office (RTO) Quetta have been tested positive for coronavirus. A...
ASO impounds Rs20.50m smuggled cigarettes
LAHORE: Collectorate of Customs Preventive Anti-Smuggling (ASO) Tuesday seized container of 543 cigarettes carton in a raid on information. As...
Govt readies draft amendment to NAB Ordinance
ISLAMABAD: A draft amendment to the National Accountability Bureau (NAB) Ordinance has been prepared by the government which states that...
DP World, QICT officials Sultan, Junaid, Cyrus, others hiding dismissal of SHC 14A case to keep looting Pakistan
KARACHI: Senior officials of DP World / Qasim International Container Terminal (QICT) including Chairman Sultan Bin Sulayem, CEO Junaid Zameer,...
Customs Adjudication imposes fine on M/s Malika Traders for exporting face masks: Collector Iram Amir
ISLAMABAD: Collector Customs Adjudication Iram Amir has said that the Collectorate has imposed penalty of Rs 1 million against M/s...
OGRA proposes cut in petroleum products up to Rs44.07 per litre
OGRA proposes cut in petroleum products up to Rs44.07 per litre ISLAMABAD: Oil & Gas Regulatory Authority (OGRA) on Wednesday...
Customs Court approves interim pre-arrest of owner of M/s Nagina Supari godown
KARACHI: The Customs Court granted interim pre-arrest bail of suspect Abdul Ghani Ronja, owner of M/s Nagina Supari Godown Factory...
Sindh govt decides to ease lockdown restrictions
KARACHI: Sindh government on Wednesday decided to relax lockdown in the province and the business and public activities will be...
