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Reforms in revenue policies essential for economic prosperity, Ishaq Dar
ISLAMABAD: Finance Minister Ishaq Dar, while inaugurating the Reforms and Resource Mobilization Committee in the Federal Board of Revenue, said...
FBR will not fix minimum value on supply sugar to determine sales tax
ISLAMABAD: The Federal Board of Revenue (FBR) for the first time will not fix a minimum value on the supply...
Pakistan, Russia agree to form working groups in diverse fields including energy
ISLAMABAD: The Inter-Governmental Commission (IGC) of Pakistan and Russia continued deliberations and reached an agreement to form working groups and...
Special police unit to monitor actions against smuggling
LAHORE: The Punjab government has decided to establish a special unit in the Punjab Police to monitor the operational matters...
SECP issues ‘master circular for mutual funds’, CISs, and IASs
ISLAMABAD: In order to facilitate the asset management industry and to ensure compliance with statutory/regulatory requirements in an efficient manner,...
Pakistan desperately needs a charter of economy: LCCI
LAHORE-President of the Lahore Chamber of Commerce and Industry (LCCI), Kashif Anwar has urged the Chief of Army Staff to...
Govt revises up Naya Pakistan Certificates’ rates of return
ISLAMABAD: The government revised up the rates of return for various currencies denominated Naya Pakistan Certificates over different maturities for...
Pakistan forex reserves rise $258m to $4.601b
KARACHI: Snapping one of its most unnerving losing streaks in years, foreign exchange reserves held by the State Bank of...
Govt firm to revive IMF programme: Ayesha Ghous Pasha
ISLAMABAD: State Minister for Finance and Revenue, Ayesha Ghaus Pasha highlighted that the government wants to continue programme with the...
BB Energy keen to supply LNG, petroleum products to Pakistan
ISLAMABAD: The BB Energy, an independent energy trading company here on Thursday expressed interest to develop a strategic business relationship...
World Bank rejects rumours of delay in loan approval for Pakistan
ISLAMABAD: Amid reports that the World Bank has delayed approval of loans worth $1.1 billion for Pakistan, the multilateral donor...
UAE rolls over $2 billion to Pakistan: Ishaq Dar
ABU DHABI: The Abu Dhabi Fund for Development (ADFD) has rolled over their deposit of $2 billion with the State...
FDI shrinks by 59pc to $461m in first six months of FY 2023
KARACHI: Pakistan’s foreign direct investment (FDI) shrank by 59% to $461 million in the first six months of the current...
ICCI calls for focusing on real estate sector to revive economy
ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) has called upon the government to focus on...
Multan Customs foils bid to smuggle skimmed milk near Sher Shah
MULTAN: Collectorate of Customs Enforcement Anti-Smuggling Organization (ASO) foiled an attempt to smuggle huge quantity of foreign origin skimmed milk...
Pakistan to export cement worth $360m to USA first time
ISLAMABAD: While tapping the market of United State of America (USA) for the first time a Pakistani firm has received...
Pakistan remains a lower-middle income country, warns UN report
UNITED NATIONS: The United Nations has warned that Pakistan remains a lower-middle income country and will continue to be vulnerable...
Demurrage, detention charges cause huge outflow of dollars: Chief Collector Yaqoob Mako
KARACHI: Chief Collector, Collectorate of Customs Enforcement South, Muhammad Yaqoob Mako has said that a huge sum of dollars are...
FBR establishes new office for appeals in Islamabad
ISLAMABAD: The Federal Board of Revenue (FBR) has created a new office of Commissioner Inland Revenue (Appeals-V), Islamabad, to expedite...
SBP issues fresh directives for encashment of withdrawn prize bonds
KARACHI: The State Bank of Pakistan (SBP) announced an extension in the date to redeem withdrawn prize bonds of Rs7,500,...
