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Wood-timber must be accepted as an essential raw material: SBP
KARACHI: State Bank of Pakistan (SBP) has declared that wood-timber must be accepted as an essential raw material on the...
World Bank Economists meet Chairman FBR
ISLAMABAD: A team of World Bank Economists met Chairman Federal Board of Revenue (FBR), Asim Ahmad to discuss improvement in...
Booking of flats: FTO directs FBR to probe matter involving a bank
LAHORE: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to probe the matter of declaration/taxation of...
FBR asks 100 big retailers to integrate with POS system
ISLAMABAD: The Federal Board of Revenue (FBR) has directed 100 unregistered retailers (Tier-1) to integrate them with the FBR’s Point...
CE of Mariyam Food Company Jeddah visits LCCI
LAHORE-Chief Executive of Maryam Food Company Jeddah, Saudi Arabia and convener of Standing Committee for Food, Jeddah Chamber of Commerce...
Inflation surges to 42.27pc in Pakistan amid IMF delay
ISLAMABAD: Amid spiraling up food prices, the weekly inflation rate in Pakistan surged to 42.27 per cent – highest weekly...
Pakistan’s remittances up 4.9pc to $2b in Feb
KARACHI: Remittances sent by overseas Pakistani workers registered an increase to 4.9% MoM $2 billion, compared to $1.89bn in January...
MTBA demands to admit appeals after expiration of period specified in sub section (5)
MULTAN: Multan Tax Bar Association (MTBA) has asked Chairman Federal Board of Revenue to direct Commissioner (Appeals) to admit an...
Pakistan, UK agree to enhance bilateral trade ties
ISLAMABAD: Commerce Minister Syed Naveed Qamar has said that economic stabilization and economic growth are the key priorities of government....
Pakistan expected to ink staff level agreement with IMF in two days: Dar
ISLAMABAD: Finance Minister Ishaq Dar has said that Pakistan was expected to sign staff level agreement with the International Monetary...
SBP-held foreign reserves rise above $4b mark
KARACHI: The State Bank of Pakistan (SBP)-held foreign exchange reserves rose above the $4 billion mark after the cash-strapped nation...
Roshan Digital Accounts inflows soar to all-time high of $5.8b
KARACHI: Maintaining upward trajectory, cumulative inflows under Roshan Digital Accounts (RDA) have reached all-time high of $5.8 billion since its...
Land grabbing stifles Pakistan’s real estate growth: FPCCI
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has shared that land-grabbing incidents in Karachi have resulted...
FTO Dr. Asif Mehmood Jah directs FBR to revisit ‘condonation’ order
LAHORE: The Federal Tax Ombudsman (FTO) Dr. Asif Mehmood Jah has directed the Federal Board of Revenue (FBR) to revisit...
Quetta Customs foils bid to smuggle narcotics worth Rs 110m near Khurkhera check post
QUETTA: Collectorate of Customs has seized 450 kilograms of high quality charas, which is valued at Rs 110 million in...
Tier-1 retailers unhappy with direct imposition of penalty by FBR field formations
MULTAN: The Tier-1 Retailers (T-1Rs) are offended with direct imposition of highest degree of penalty by the field formations of...
SMEDA to organize webinar on Amazon Private Label for SMEs today
ISLAMABAD: Small Medium Enterprises Development Authority (SMEDA) is going to organize a webinar on “Amazon Private Label for SMES” for...
FBR fails to launch Parliamentarian Tax Directory despite cabinet orders
ISLAMABAD: The Federal Board of Revenue (FBR) is reluctant to launch the Parliamentarian Tax directory 2020. Sources told that FBR...
Inflation in Pakistan surged after Ukraine war pushed global prices up: SBP governor
KARACHI: State Bank of Pakistan Governor Jameel Ahmad has said the Ukraine war has pushed prices of goods which eventually...
SHC directs FBR to submit details of tax collected from Karachi
The Sindh High Court (SHC) directed the Federal Board of Revenue (FBR), and federal and provincial law officers to submit...
