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Pakistan’s current account deficit hits two-year low
KARACHI: Pakistan's current account deficit (CAD) hit a two-year low of $74 million in a month, narrowly failing to turn...
World Bank irked over slow pace of $304m PRIDE programme
ISLAMABAD: The World Bank (WB) has showed concern over slow pace of progress on the simplification and automation of key...
FBR to apply new risk parameters for processing automated sales tax refund
ISLAMABAD: The Federal Board of Revenue (FBR) will apply new risk parameters for processing the automated sales tax refund to...
Commerce minister assures to resolve garments exporters’ liquidity problems
ISLAMABAD: Federal Minister for Commerce Syed Naveed Qamar has agreed with the demands of apparel exporters to resolve the issue...
Pak- Kyrgyzstan can play role in regional economic integration: Younis
ISLAMABAD: Chairman Kyrgyzstan Trade House and Coordinator to Federal Tax Ombudsman Meher Kashif Younis has said that Pakistan and Kyrgyzstan...
SVB collapse: ‘No threat to Pakistan’s financial system from global banking crisis’
KARACHI: The failure of three American banks has no relevance or impact on the lenders doing business in Pakistan as...
Low income people to be provided Rs 50 per liter subsidy under petroleum package: PM
LAHORE: Prime Minister Shehbaz Sharif has said that low income poor people will be given a subsidy of Rs50 per...
YoY: Mobile phones import dips 68pc in 8MFY23
ISLAMABAD: The import of mobile phones has recorded 68 per cent decline in the first eight months of the current...
PIAF seeks serious measures as Pakistan exports continue to decline
LAHORE: Raising grave concern over the continued falling trend of Pakistan exports, the Pakistan Industrial and Traders Associations Front (PIAF)...
FTO directs RTO to establish help desk for facilitation of taxpayers at MCCI
MULTAN: Help desk of Federal Tax Ombudsman for the facilitation taxpayers will be established very soon in Multan Chamber of...
Govt dept cannot be treated differently from ordinary litigant: LHC
LAHORE: The Lahore High Court (LHC) held that a government department could not be treated differently from ordinary litigant in...
SBP likely to hike interest rates by 100bps in next policy review
KARACHI: The State Bank of Pakistan (SBP) is expected to jack up the interest rates further in the upcoming policy...
Loss-making state entities borrowed Rs142.3b in FY23: SBP
KARACHI: Loss-making public sector enterprises (PSEs) have borrowed a record Rs142.3 billion from banks in the ongoing fiscal year so...
FBR chairman directs IR offices to ensure recovery of tax arrears
LAHORE: Federal Board of Revenue, Chairman Asim Ahmad has directed offices of Inland Revenue (IR) to ensure recovery of tax...
Chinese bank deposits another $500m to Pakistan
ISLAMABAD: Pakistan received $500 million — the second disbursement of the $1.3 billion facility — from the Industrial and Commercial...
Govt announces Nisab of Zakat for 2023
ISLAMABAD: The Administrator General Zakat has notified the Nisab of Zakat in Pakistan at Rs. 103,159 for the Zakat year...
Multan Customs generates Rs80.45m through auction of confiscated goods, vehicles
MULTAN: Collectorate of Customs Enforcement Multan earned Rs80.45 million through public auction of confiscated goods and vehicles lying at the...
First cargo of Russian crude to arrive in Pakistan in April: Musadiq
KARACHI: State Minister for Petroleum Dr Musadik Malik has said Pakistan will receive first cargo of crude oil from Russia...
SBP issues Rs50 commemorative coin on golden jubilee of Senate
KARACHI: The State Bank of Pakistan, issued a commemorative coin of Rs. 50 to mark the golden jubilee of Senate,...
Weekly inflation up by 0.96pc
ISLAMABAD: The weekly inflation, measured by Sensitive Price Indicator (SPI), witnessed an increase of 0.96 percent for the combined consumption...
