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Cotton prices surge as Pakistan’s ginning season begins in second week of May for first time

RCCI urge govt to withdraw smart lockdown in view of Eid Alzuha

Pakistan assures IMF it will expand banks’ access to monitor suspicious financial activity

Rising investor interest drives sharp increase in registered prize bond holdings amid documentation push

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News updates Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

SBP likely to cut interest rate

07/09/2024

KARACHI: As the State Bank of Pakistan (SBP) prepares to announce its monetary policy on September 12, economists and business...

SBP cancels banking license of insolvent IDBL

07/09/2024

KARACHI: The State Bank of Pakistan (SBP), annulled banking license of Industrial Development Bank Limited (IDBL) and directed its de-scheduling...

FBR constitutes scrutiny committee to evaluate cases before filing appeals with HCs

07/09/2024

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Scrutiny Committee to evaluate all cases before filing of appeals...

FBR set to raise property valuation rates by up to 100pc in major cities

LAHORE: The Federal Board of Revenue (FBR) is preparing to raise the property valuation rates from 20% to 100% in...

Measures stressed to protect wheat warehouses during rainy season

LAHORE: Punjab Industries and Food Secretary Ehsan Bhutta has issued directives for the protection and fumigation of wheat stock in...

Multan Enforcement impounds smuggled goods, vehicles worth Rs29.5m in August 2024-25

MULTAN: Collectorate of Customs Enforcement has intercepted smuggled goods and vehicles of worth Rs29.5 million during various operations conducted throughout...

Customs JIAP foils attempt to smuggle foreign currency

KARACHI: Collectorate of Customs Jinnah International Airport (JIAP) foiled an attempt to smuggle foreign currency on September 4, 2024, Sources...

FBR announces Tax Card for salaried class

LAHORE: In a move to provide tax relief to salaried class, the Federal Board of Revenue (FBR) has issued a...

Google to produce 0.5m Chromebooks in Pakistan by 2026, presents first to PM Shehbaz Sharif

ISLAMABAD: The global tech giant Google launched an initiative to produce half a million Chromebooks in Pakistan, marking the occasion...

State Bank of Pakistan reveals potential designs for new currency notes

KARACHI: The State Bank of Pakistan (SBP)concluded the initial phase of designing new bank note series with announcement of results...

Pakistan seeks $1.7b loan from global institutions to pave way for IMF accord

ISLAMABAD: Pakistan has requested a loan of $1.75 billion from the Islamic Trade Finance Corporation (ITFC), the Islamic Development Bank...

Aurangzeb for optimizing Pakistan-Oman investment, trade flows

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a virtual meeting with Chairman of the Pak Oman...

Islamabad: 5th September, 2024. Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb in a virtual meeting with MS. Johanna Chua, Head-Global Emerging Markets Economics, Citi Global Markets, and its partners and investors from different parts of the world.

Finance minister briefs global investors on Pakistan’s economic progress

ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb held a virtual meeting with Johanna Chua, Head-Global Emerging Markets Economics,...

Google decides to increase its investment, support govt’s initiative of youth’s skills training

ISLAMABAD: A 4-member delegation of Google led by President of APAC region Scott Beaumont called on Prime Minister Muhammad Shehbaz...

MTBA seeks transfer of urgent cases back to Multan bench

MULTAN: Multan Tax Bar Association (MTBA) has formally requested the Chairman of the Appellate Tribunal Inland Revenue (ATIR), Mian Tauqeer...

ONO: CAT directs Pak Suzuki to pay evaded revenue & penalties

KARACHI: Customs Appellate Tribunal (CAT) has upheld the Customs adjudication judgement in the case of M/s Pak Suzuki Motor directing...

Ogra announces delay of September oil imports

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced a delay in the September shipments of oil marketing companies,...

Govt fails to get $7b loan approval deadline from IMF

LAHORE: Virtual discussions between officials from the Finance Ministry and the International Monetary Fund (IMF) mission took place on Tuesday...

Islamabad: September 4, 2024: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a virtual meeting with Mr. Sunil Kaushal, Global Head of Corporate & Investment Banking at Standard Chartered Bank, to discuss expanding investment opportunities in Pakistan.

Aurangzeb engages with SCB on expanding investment opportunities

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a virtual meeting with Global Head of Corporate &...

KCCI demands up to 500 basis points cut in policy rate