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DGTT imposes penalty on M/s Vehicle Tracking (Pvt) Ltd for carelessness, negligence
KARACHI: The Directorate General of Transit Trade (DGTT) has penalized M/s Vehicle Tracking (Pvt.) Ltd. with a PKR 300,000 fine...
FBR transfers 32 PCS officers of BS-16 & BS-17 to SAPT Karachi
ISLAMABAD: Federal Board of Revenue transferred Pakistan Customs Service (PCS) officers of BS-16 and BS-17 to SAPT Karachi. Details are...
Pakistani food exporters secure key deals in Saudi Arabia
LAHORE: A delegation of Pakistani food exporters returned to Pakistan after a successful month-long visit to Saudi Arabia, where they...
Economic reforms, business community’s issues discussed at LCCI
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Executive Committee was convened on Tuesday to discuss economic reforms, the challenges...
Pakistan & IMF reach staff-level agreement on EFF, $1.3b climate fund
ISLAMABAD: The International Monetary Fund (IMF) and Pakistani authorities have reached a staff-level agreement on the first review under Pakistan’s...
Tax evasion of Rs14b: FBR to take legal action against 463 importers, 106 clearing agents & officials from PRAL
KARACHI: The Federal Board of Revenue (FBR) has decided to initiate legal proceedings against 463 importers, 106 clearing agents, and...
Rs39 hike in FED per cigarette pack may generate additional revenue of Rs67.4b
ISLAMABAD: The Society for the Protection of the Rights of the Child (SPARC) and the Social Policy and Development Centre...
Finance minister calls for inclusive, equitable globalization for benefiting developing economies
ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb has called for inclusive and equitable globalization to benefit the developing...
Karachi LTO seals M/s Collectibles outlets due to sales tax fraud
KARACHI: The Large Taxpayers Office (LTO) Karachi has taken decisive action against M/s. Collectibles, a well-known luxury watch retailer, by...
ECC approves changes in Reko-Diq development plan
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet here on Tuesday approved changes to the Reko-Diq Project’s development plan...
Economic indicators stable, key areas show gradual growth in March
ISLAMABAD: The country’s external and internal economic sectors, including fiscal policy, remained stable in March with exports, Foreign Direct Investment...
SECP appellate bench resolves 100 appeals in one year
ISLAMABAD: The Appellate Bench of the Securities and Exchange Commission (SECP), the highest quasi-judicial appellate body, has successfully disposed of...
NTC collects Rs40b in anti-dumping duties over 25 years
ISLAMABAD: Pakistan’s National Tariff Commission (NTC) has collected Rs40 billion in revenue over the last 25 years by imposing anti-dumping...
Lowering tax targets to ease burden on industry: KATI
KARACHI: The Korangi Association of Trade and Industry (KATI) has welcomed the reduction in the tax target for the fiscal...
FBR issues revised methodology for settlement of classification disputes
ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a revised methodology to streamline the resolution of classification disputes in...
CDNS achieves target of Rs22b in Islamic investment
KARACHI: The Central Directorate of National Savings (CDNS) has realized the annual collection target Rs22 billion in investment in Islamic...
Majority in Pakistanis have no access to financial services: ADB
ISLAMABAD: A majority of population in Pakistan have no access to financial services, says an Asian Development Bank (ADB) report...
Failure of assesses to submit documents cannot halt benefits
MULTAN: A tax appellate forum has declared that failure on the part of an assesses to submit documents within prescribed...
NHA profits decline as annual expenditures jump 46pc
ISLAMABAD: The Ministry of Finance says that the NHA holds outstanding loans totaling around Rs3.1 trillion, with an annual debt...
Cotton growers urge government to prioritize water for existing crops
ISLAMABAD: Pakistan’s cotton crop is facing serious challenges due to severe water shortages in major dams and the unavailability of...
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