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SBP slaps Rs108m fine on four banks over AML, operational violations
KARACHI: The State Bank of Pakistan (SBP) has imposed penalties of Rs108.93 million on four major banks for violating various...
Tax stamps mandatory for fertilizer bags from July 1: FBR
LAHORE: The Federal Board of Revenue (FBR) will confiscate fertiliser bags being cleared from production sites, factory premises or manufacturing...
Indonesia temporarily bans palm oil exports to regulate local markets: Envoy
ISLAMABAD: Ambassador of Indonesia to Pakistan, Adam Mulawarman Tugio has said that the Indonesian government temporarily banned global palm oil...
LCCI announces five day ‘Eid Shopping Festival’ from today
LAHORE: Lahore Chamber of Commerce & Industry (LCCI), Tourism Development Corporation Punjab (TDCP) and Commissioner’s Office will organise ‘Eid Shopping...
Customs officials authorize to revise the reserve price of the undisposed auction goods
MULTAN: The Federal Board of Revenue (FBR) has amended auction rules to authorize the customs officials to revise the reserve...
Govt appoints Asim Ahmad as FBR chairman
ISLAMABAD: The federal government Wednesday appointed Asim Ahmad — who is an Inland Revenue Officer (IRS) of Grade 21 —...
Azerbaijan to strengthen trade, economic ties with Pakistan: diplomat
PESHAWAR: Ambassador of Azerbaijan in Pakistan, Khazar Farhadove stressed the need for further strengthening mutual trade and economic cooperation with...
Finance Minister rules out immediate hike in fuel prices
KARACHI: Federal Minister for Finance and Revenue Miftah Ismail said that the prices of petroleum products would not be increased...
JS Bank partnered with NdcTech to modernize its Core Banking and drive Business Agility
KARACHI: JS Bank, a leading commercial bank of Pakistan, has modernised its Core Banking platform with renowned IT company NdcTech...
Govt deicdes to appoint new FBR chairman
ISLAMABAD: The federal government has decided to replace Federal Board of Revenue (FBR) Chairman Ashfaq Ahmed. Sources said that the...
Islamabad I&I transfers IOs, superintendent, inspector, principal appraiser
ISLAMABAD: Directorate-General Customs Intelligence and Investigation (I&I) has issued office order transfer and posting of following staff with immediate effect...
FBR holds first meeting to discuss proposals on Budget FY2022-23
ISLAMABAD: The Federal Board of Revenue (FBR) has convened its first meeting to discuss the budget proposals and their revenue...
FBR to apply track-and-trace system on manufacturing units of steel sector
LAHORE: The Federal Board of Revenue (FBR) has decided to implement the Track-and-Trace system on the manufacturing units of steel...
Bank Alfalah’s profit-after-tax rises 45pc
KARACHI: Bank Alfalah Limited (BAFL) declared record profit-after-tax of Rs5.019 billion, showing a double-digit growth of 45 per cent YoY...
RCCI urges to promote gems and jewelry sector
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has urged the government to promote non-conventional sectors like gems and...
PSO arranges 5 additional cargoes of diesel, ample fuel stocks available
ISLAMABAD: Pakistan State Oil (PSO) has reported to arrange five additional cargoes of diesel on Monday. According to the details,...
ADB commits $3.23b for Pakistan in 2021 to boost pandemic response, promote green recovery
ISLAMABAD: The Asian Development Bank (ADB) committed $3.32 billion in 2021 to help Pakistan tackle the immediate effects of the...
President directs FBR to bring unregistered sugar dealers into tax net
ISLAMABAD: President Dr Arif Alvi directed the Federal Board of Revenue (FBR) to bring into the tax net the unregistered...
IMF mission due in May for technical discussion: Miftah
ISLAMABAD: Federal Minister for Finance and Revenue, Miftah Ismail has said that the International Monetary Fund (IMF) had agreed to...
FBR to investigate MG Motors under-invoicing scandal
ISLAMABAD: The Federal Board of Revenue was instructed by the Public Accounts Committee to restart the investigation into the MG...
