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ECC approves settlement agreement of Roosevelt Hotel
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet after a detailed discussion approved the execution of the settlement agreement...
Friendly relations boosting bilateral trade between Pakistan, Afghanistan
KARACH: Afghan Commerce Minister, Nooruddin Azizi has said that Pakistan and Afghanistan enjoy friendly relations and this relationship was strengthening...
Hyderabad I&I recovers smuggled fuel & vehicles worth Rs27m
HYDERABAD: Directorate of Customs Intelligence and Investigation (l&l) has recovered huge quantity of smuggled fuel. The total CIF value of...
Workers’ remittances down 13pc in July-April FY23: SBP
ISLAMABAD: The overseas workers’ remittances posted a decline of 13 percent during first ten months of fiscal year 2022-23 as...
Pakistan’s exports to Afghanistan decline by 24.54pc in April
PESHAWAR: Pakistan’s exports to Afghanistan registered a massive decline in MoM basis in April. As per details, the exports to...
Charge’d Affairs, Embassy of China calls on Finance Minister
ISLAMABAD: Charge’d Affairs, Embassy of the People’s Republic of China Pang Chunxue called on Minister for Finance and Revenue Senator...
Overseas investors suggest abolition of WHT on telecom
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has demanded abolition of withholding tax on telecom services and...
ECC approves fixation of maximum retail prices of four new cardiac stents
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet considered and approved a summary of the Ministry of National Health...
Karachi Enforcement impounds smuggled goods worth Rs272m
KARACHI: Collectorate of Customs Enforcement has launched a crackdown against smugglers and during last 48 hours made seizures of worth...
Pakistan faces default risk without IMF loan: Moody’s
KARACHI: Moody's Investor Service has warned that without an International Monetary Fund (IMF) programme Pakistan could default as its financing...
Pakistan, EU reiterates resolve to enhance cooperation on GSP Plus status
ISLAMABAD: Pakistan and the European Union (EU) day reiterated their determination to enhance cooperation in various fields, including the Generalised...
Kazakhstan keen to strengthen trade ties with Pakistan: Yerzhan Kistafin
ISLAMABAD: Yerzhan Kistafin, Ambassador of Kazakhstan said that his country is keen to strengthen and deepen trade ties with Pakistan...
FBR amends rules on temporary importation of vehicle
ISLAMABAD: The Federal Board of Revenue, through an SRO, amended the rules regarding the temporary importation of vehicles to circumvent...
Role of SBP towards cyber security issues in line with digital banking
KARACHI: In the realm of banking, information technology has had a significant influence. Internet banking, sometimes known as e-banking, is...
‘Unprecedented policy rate of 21pc creates unrest among traders, industrialists’
LAHORE: The unprecedented high policy rate of 21 percent in Pakistan has created a sense of unrest among the traders...
ADB to help Pakistan build climate–resilient infrastructure
INCHEON: In a major development, the Asian Development Bank (ADB) expressed commitment to help build the much-needed climate-resilient infrastructure for...
FTO asks FBR to issue refunds order over taxpayer complainant
LAHORE: Federal Tax Ombudsman (FTO) rejected Federal Board of Revenue (FBR) orders stance that it said was based on “maladministration”...
ICCI calls for community policing to make Capital crime-free city
ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry emphasized the need to promote community policing, which would...
Oil sector seeks revision in tax ordinance to ease burden on OMCs
KARACHI: The Oil Companies Advisory Council (OCAC) have urged the Federal Board of Revenue (FBR) to make some amendments in...
‘Prices of 1,800cc imported vehicles likely to drop due to end of regulatory duty’
KARACHI: All Pakistan Motors Dealer Association (APMDA) Chairman Haji Mohammad Shehzad has said that the abolition of regulatory duty would...
