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Dar tables Finance (Supplementary) Bill with Rs170b additional taxes on luxury items
ISLAMABAD, Feb 15 (APP): Minister for Finance and Revenue Senator Muhammad Ishaq Dar presented the Finance (Supplementary) Bill, 2023 in...
Inflation in Pakistan could average 33pc in first half of FY23, says Moody’s economist
KARACHI: Inflation in Pakistan could average 33% in the first half of 2023 before trending lower, and a bailout from...
Last opportunity: Govt extends date for encashment of prize bonds
KARACHI: The State Bank of Pakistan (SBP) on Wednesday announced an extension for the encashment and redemption of the withdrawn...
Pak-Russia IGC deals to help significant reduction in oil, gas prices: Ayaz Sadiq
ISLAMABAD: Federal Minister for Economic Affairs, Sardar Ayaz Sadiq has said that the finalization and implementation of deals under the...
FTO terms delay in execution of ATIRs’ orders ‘maladministration’
LAHORE: Federal Tax Ombudsman Dr Asif Mahmood Jah has declared that a delay in implementing the orders of Appellate Tribunals...
FBR plans to launch technology enabled outreach initiative under PRR program
ISLAMABAD: Federal Board of Revenue (FBR) would launch technology enabled outreach initiative under PRR (Pakistan Raises Revenue Program) through mobile...
450,000 metric tons imported wheat to reach Gwadar Port in March: Zafar Hassan
QUETTA: About nine ships carrying 450,000 metric tons of imported wheat will be arrived at Gwadar port in the first...
Pakistan abandons flood levy, bank deposit tax plans
ISLAMABAD: The federal government has dropped its plans to implement a flood levy on imports and a one-time tax on...
OICCI launches diversity,inclusion handbook at 5th Women Empowerment Awards
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI), consisting of more than 200 of the largest foreign investors...
Pakistan, Kuwait agree to boost ties in energy, trade sectors
ISLAMABAD: Pakistan and Kuwait have agreed to boost economic ties in key areas, particularly in the energy and trade sectors....
Pakistan sends MEFP draft to IMF as talks continue
ISLAMABAD: Pakistan has sent Memorandum of Economic and Financial Policies (MEFP) draft to International Monetary Fund (IMF) as talks underway...
ICAP, LCCI to collaborate for developing document on charter of economy
LAHORE: Institute of Chartered Accountants of Pakistan (ICAP), Lahore Chamber of Commerce and Industry (LCCI) and Pakistan Institute of Public...
Fitch downgrades Pakistan’s currency issuer default rating to CCC-
KARACHI: Fitch Ratings has downgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to "CCC-" from "CCC+", a statement from the...
FBR transfers 16 PCS officers of BS-17-20 to different stations
ISLAMABAD: Federal Board of Revenue (FBR) issued notification transfers and postings of following officers of Pakistan Customs Service (PCS) with...
Customs JIAP recovers iPhones from passenger worth millions of rupees
KARACHI: Collectorate of Customs team deputed at Jinnah International Airport (JIAP) foiled an attempt to smuggle iPhones 14 Pro equivalent...
ICCI collects donations from business community for earthquake victims of Turkiye, Syria
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) organized a ceremony to offer Dua for those who died in...
Govt must adopt measures to stop foreign currency smuggling: CJP
ISLAMABAD: Chief Justice of Pakistan Justice Umar Ata Bandial has said that the federal government should adopt measures to stop...
Envoy shows Indonesia’s investment interest in Pakistan, highlights CPEC’s importance
ISLAMABAD: Indonesian Ambassador to Pakistan Adam Tugio said his country was keen to invest in Pakistan, acknowledging the importance of...
Panic over suspended imports peaks in Pakistan
KARACHI: Pakistan business chiefs are clamouring for the cash-strapped government to allow manufacturing materials stuck at the key port of...
ECC approves gas price revision, debt rescheduling, BISP grant
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet here on Monday approved gas price revision for domestic, commercial and...
