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Faulty FBR cyber security caused Rs14.66 billion tax fraud
LAHORE: The Federal Tax Ombudsman (FTO) has exposed a significant cybersecurity failure in the Federal Board of Revenue (FBR), leading...
PPL ASIA, Midland Oil Company reach settlement on EDPS contract
KARACHI: The Pakistan Petroleum Limited (PPL) Asia has reached at an amicable settlement with Midland Oil Company (MdOC) that brings...
SHC dismisses petition against municipal tax collection in electricity Bills
KARACHI: The Sindh High Court (SHC) Tuesday dismissed a petition challenging municipal tax collection in electricity bills by K-Electric (KE)....
FBR rules out further extension in returns filing deadline
ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday denied possibility of further extension in the returns filing deadline. FBR spokesperson,...
EasyPaisa clears air over reports of accounts being blocked
KARACHI: EasyPaisa has cleared the air over claims of blocking the accounts which are accounts not linked to users’ mobile...
‘Targeted policies for digital creative industries can drive economic growth in Asia-Pacific’
ISLAMABAD: Coherent national strategies that develop talent and expand digital creative industries can help developing countries tap into the global...
Tajir dost scheme: Anomalies be fixed and stakeholders should be consulted, Usman Shaukat
RAWALPINDI: The newly elected President of the Rawalpindi Chamber of Commerce and Industry (RCCI) Usman Shaukat has said that rationalization...
Pakistan set to lift ban on livestock exports
ISLAMABAD: Food Ministry submits proposal to federal cabinet to revoke the 2009 decision as Gulf nations show strong interest in...
FTO issues notice to FBR on compulsory integration
ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed an investigation against the Federal Board of Revenue (FBR) for burdening the...
Tax evasion of Rs83m: PCA South files FIRs against M/s Sadiq Jahan Lahori & Company, M/s Glowell Industries & M/s Znz Brands
KARACHI: The Post Clearance Audit (PCA) South Customs has detected illegal pilferage of seized goods from two sea ports of...
SHC approves bail of importer in fake EIF case
KARACHI: Sindh High Court (SHC) approved bail of Muhammad Nasir son of Muhammad Hussain, an importer against a solvent surety...
ICE, ASITA sign MoU of Cooperation, expect direct flights to Pakistan
ISLAMABAD: The International Creatives Exchange (ICE) and the Association of the Indonesian Tours and Travel Agencies (ASITA) has signed a...
FBR poised to bring 2.8 million households into in tax net
ISLAMABAD: The Federal Board of Revenue (FBR) is all set to bring around 2.8 million potential households into the tax...
Jam Kamal calls for boosting rice exports, meeting EU food safety standards
ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan on Monday emphasized the need to increase Pakistan’s rice exports and ensure...
PR to construct 105km rail line connecting Thar Coal mines to Port Qasim
KARACHI: Pakistan Railways (PR) has awarded the contract for the construction of a 105-kilometre railway line intended to link Thar...
Customs officials seize phones from PIA air hostesses at Lahore airport
LAHORE: In two significant operations by customs officials at Lahore’s Allama Iqbal International Airport, valuable mobile phones worth millions of...
Ahsan Iqbal chairs meeting to review Gwadar Port development
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan chaired a high-level review meeting to address the challenges hindering...
CDNS attains Rs205b mark in annual savings target
ISLAMABAD: The Central Directorate of National Savings (CDNS) has accomplished a target of Rs205 billion in fresh bonds and achieved...
SBP injects Rs1,012.3b into market through OMO
KARACHI: State Bank of Pakistan (SBP), injected Rs1,012.3 billion in the market through reverse repo purchase Open Market Operation (OMO)....
Govt fixes new ‘Diyat’ amount for 2024-25
ISLAMABAD: The Ministry of Finance has set the new ‘Diyat’ amount for the fiscal year 2024-25 at Rs8,103,955. The new...
