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SHC issues detailed judgement regarding provisional assessment under Section 81(4)
KARACHI: The Sindh High Court (SHC) appellate bench comprising Justice Irfan Saadat Khan and Justice Zulfiqar Ahmed Khan issued detailed...
Islamic banking assets recorded highest ever growth of Rs1.3 trillion in CY21: SBP
ISLAMABAD: The Islamic Banking Industry (IBI) has reached new peaks during CY21 as its assets surpassed the 5 trillion mark...
FBR decides to upload profiles of non-filers
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to upload 3.5 million National Database and Registration Authority’s profiles of...
Razak encourages provincial e-commerce councils to formulate effective coordination mechanism
ISLAMABAD: Advisor to the Prime Minister on Commerce Abdul Razak Dawood encouraged the provincial e-commerce councils to formulate an effective...
Govt sets minimum nisab at Rs88,927 for Zakat deduction
KARACHI: The State Bank of Pakistan (SBP) has fixed the Nisab for Zakat deduction on bank accounts at Rs88,927 for...
ICCI for creating conducive environment, political stability to avert growing economic risks
ISLAMABAD: The business community y urged the need for creating conducive environment and maintaining political stability in the country to...
PDA facing financial crisis, seeks Rs400mn assistance
PESHAWAR: The Peshawar Development Authority (PDA) is facing severe difficulties in carrying out its financial affairs and sought assistance of...
SBP extends date for encashment of bearer prize bonds up to June 30
KARACHI: The federal government has extended the last date for converting or exchanging the bearer prize bonds up to June...
Tax evasion: Customs Court confirms bail of suspect in Rs17.79m tax evasion case
KARACHI: The Customs Court confirmed bail to suspect namely Basharat Ali, owner of M/s A.H International, who was booked in...
POS invoice verification expands by 62.7pc in February
ISLAMABAD: The invoices verified by customers, who shopped from outlets integrated with Federal Board of Revenue’s (FBR) Point of Sale...
ECC approves DLTS, gives nod to indigenous gas supply for two urea plants
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet approved Drawback of Local Taxes Scheme (DLTS) for the period of five...
DG Valuation revises customs values on import of almonds
Lahore: Directorate General of Customs Valuation, Karachi has revised customs values, between $1.25 per kg and $2.35 per kg, on...
SHC seeks conclusion on petition filed by Iftikhar Auto Store against detention of imported goods
KARACHI: A two-member bench of the Sindh High Court (SHC) directed parties to submit comment and conclude arguments on a...
SHC directs to release consignment imported by M/s Pakistan Decorative Materials Private Limited on bank guarantee
KARACHI: The Sindh High Court (SHC) directed customs officials to release the imported goods after securing differential amounts on the...
Customs Court summons witnesses in money laundering scam against proprietor of M/s Iqra Corporation
KARACHI: The customs court framed charge against suspect namely Jawed son of Muhammad Iqbal, proprietor of M/s Iqra Corporation, who...
Tarin assures KP Finance Minister of full support
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin appreciated the efforts of Khyber Pakhtunkhwa Finance Minister, Taimur Saleem Khan...
Exports to maintain upward trend in March: Finance Ministry
ISLAMABAD: The exports from the country during the month of March 2022 are expected to continue their upward trend, backed...
FBR freezes Telenor bank accounts due to income tax default
LAHORE: The Federal Board of Revenue (FBR) freezes the bank accounts of Telenor on account of its income tax default...
Third session of joint economic commission to be staged in Sofia either later this year or next: Bulgarian envoy
KARACHI: Ambassador of Bulgaria Ms. Irena Gancheva has said that the third session of Joint Economic Commission between Bulgaria and...
Collector Imran Ahmad Chaudhry transfers superintendents, inspectors & sepoys
MULTAN: Collector Customs Enforcement Imran Ahmad Chaudhry has issued order for transfer and posting of eight superintendents, inspectors and sepoys...
