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Banks to remain closed on Wednesday
KARACHI: The State Bank of Pakistan and all the banking and financial institutions will remain closed on Wednesday, December 25,...
DG TDAP, ICCI President unveil TDAP Facilitation Desk to boost trade
ISLAMABAD: The Trade Development Authority of Pakistan (TDAP) has inaugurated a new facilitation centre at the Islamabad Chamber of Commerce...
NCCPL to collect Capital Gain Tax on December 31
ISLAMABAD: The National Clearing Company of Pakistan Limited (NCCPL) announced that it will collect the aggregate amount of Capital Gain...
CDNS accomplish Rs650b in annual savings target
ISLAMABAD: The Central Directorate of National Savings (CDNS) has realized a target of Rs650 billion in fresh bonds and achieved...
Greenfield Tyre Project to boost foreign reserves, savings: Shehzad
ISLAMABAD: Advisor to Finance Minister, Khurram Shehzad says Greenfield Tyre Manufacturing Facility project has a potential to save and generate...
PTBA demands oversight of govt spending of taxpayers’ money
KARACHI: In a letter to Chairman of the Standing Committee on Finance and Revenue Syed Naveed Qamar, the Pakistan Tax...
CCP imposes penalty of Rs170m for deceptive marketing
MULTAN: The Competition Commission of Pakistan (CCP) has imposed penalties of Rs 75 million each on two manufacturers of frozen...
PRA intensifies efforts for integration of eligible restaurants with e-IMS
LAHORE: The Punjab Revenue Authority (PRA), under the directions of PRA Chairperson, has intensified its efforts to ensure the broadening...
Pakistan waives off duties on imports from Azerbaijan under new trade agreement
ISLAMABAD: The Finance Ministry has said in a notification that the Federal Board of Revenue (FBR) has waived off customs...
Soya bean oil imports decreased 10. 01pc, palm increased 7.13pc in five months
ISLAMABAD: Imports of soya bean oil into the country during the first five months of the current financial year decreased...
Pakistan Navy ships visit Kuwait, Iraq
KARACHI: During an overseas deployment to the Arabian Gulf, Pakistan Navy Ships Rasadgar and Azmat visited Port Al Shuwaikh, Kuwait,...
Over 200 B2B agreements, MoU worth $70m signed with Chinese firms, PM told
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif was apprised that over 200 business-to-business (B2B) agreements along with a memorandum of understanding...
Trust in digital payments growing as retail payments surge 8pc in Q1FY25: SBP
KARACHI: The State Bank of Pakistan (SBP), informed that retail payments grew by 8% in Pakistan during the first quarter...
CDNS attains Rs600b mark in annual savings target
ISLAMABAD: The CDNS has set an annual target of Rs1650 billion for the current Fiscal Year, 2024-25, which will promote...
Govt approves 80pc Chinese-owned Export Processing Zone in Balochistan
QUETTA: The government approved the establishment of a new Export Processing Zone (EPZ) in Balochistan’s Chagai district, with 80% ownership...
Meezan Bank denies reports of data breach amid reports
LAHORE: Meezan Bank has refuted claims of a “data breach” following widespread reports of unauthorised transactions affecting customers’ debit and...
Weekly inflation rate rises by 0.38pc in Pakistan
ISLAMABAD: The Pakistan Bureau of Statistics (PBS) has reported a 0.38 percent rise in weekly inflation, bringing the annual inflation...
Pakistan’s foreign reserves up by $31m
KARACHI: The State Bank of Pakistan (SBP) witnessed a surge in the foreign exchange reserves with a reported increase of...
SCCI chief calls for concrete steps to improve regional trade
PESHAWAR: Sarhad Chamber of Commerce and Industry President, Fazal Moqeem Khan called for concrete steps to improve regional trade. Talking...
Finance minister reiterates govt’s resolve to restructure, transform country’s tax system
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb Friday reiterated the government’s resolve to restructure and transform the...
