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KARACHI: Under the supervision of Director-General Zulfiqar Ahmad, Directorate of Post Clearance Audit (PCA) South has detected another illegal pilferage...

FBR to enhance immovable property valuations up to 75pc

LAHORE: The Federal Board of Revenue (FBR) is set to raise the values of immovable properties up to 75 percent...

FBR abolishes Customs Intelligence & Investigation department

ISLAMABAD: The Federal Board of Revenue (FBR) has abolished the Customs Intelligence and Investigation (I&I) department due to poor performance...

IMF projects Pakistan’s GDP growth rate at 3.2pc in FY25

WASHINGTON: The International Monetary Fund (IMF) on Tuesday projected Pakistan's GDP growth rate at 3.2 percent for the fiscal year...

Govt decides to close Rs200bn tax loophole for banks

ISLAMABAD: The government is set to close a legal loophole allowing commercial banks to avoid paying up to Rs200 billion...

Huge quantity of NDP cigarette cartons disappear from RTO Multan warehouse

MULTAN, OCTOBER 23: A shocking revelation has emerged from the Regional Tax Office (RTO) in Multan, where hundreds of non-duty...

Voting for ADB President candidacy on Oct 28

ISLAMABAD: The Asian Development Bank (ADB) has officially closed the nomination period for its next President, with voting by ADB’s...

Pakistan assures support to ITFC for diversifying portfolio in Pakistan

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb assured his government’s full support to Islamic Trade Finance Corporation...

Aurangzeb urges IMF to embed social protection measures in lending frameworks

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb emphasized the need for the International Monetary Fund (IMF) to...

Pakistan sees uptick in imports from India despite trade suspension

LAHORE: Despite ongoing trade suspensions, Pakistan’s imports from India showed an increase in August 2024, marking a 5% rise from...

FBR targets non-compliant taxpayers in Multan: Electricity disconnections loom

MULTAN: The Federal Board of Revenue (FBR) has initiated a crackdown on individuals and businesses in Multan who have failed...

Lahore RTO records 162pc surge in tax return filings for 2024

LAHORE: The Regional Tax Office (RTO) Lahore has recorded a remarkable 162% increase in income tax return filings for the...

Customs Court approves judicial remand of accused in smuggling case

KARACHI: The Court of Customs, Taxation, and Anti-Smuggling has approved judicial remand of accused namely Dad Muhammad, son of Muhammad....

FBR transfers jurisdiction of three sugar mills ahead of crushing season

ISLAMABAD: The Federal Board of Revenue (FBR) has quietly transferred jurisdiction of three important sugar mills from a larger to...

Aurangzeb for coordinated efforts to deal with climate change, population issues

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb urged all development partners to work closely together to resolve...

Pakistan records 164pc increase in Chinese FDI in Q1 FY 2024-25

KARACHI: In the first quarter of fiscal year 2024-25, Pakistan attracted $404 million in foreign direct investment (FDI) from China,...

Pakistan developing ‘Climate Prosperity Plan’, seeks expansion of grant opportunities, concessional financing

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, said in Washington that Pakistan is in the process of...

Customs I&I Lahore honours retiring officials

22/10/2024

LAHORE: Regional Directorate of Customs Investigation and Intelligenc (I&I) Lahore, has organized a special ceremony to honor the retirement of...

FTO directs FBR to resolve issues Faced by sales taxpayers