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Govt approves 10pc tax relief on edible oil imports
ISLAMABAD: The Federal Minister for Finance and Revenue, Shaukat Tarin approved tax relief of 10 percent on import of edible...
SBP’s forex reserves fall $869 million
KARACHI: The official foreign exchange reserves of the State Bank of Pakistan (SBP) fell $869 million on a weekly basis,...
Customs Court directs to arrest suspects involved in smuggling of ketamine case
KARACHI: The customs court directed investigation officer of Collectorate of Customs (Exports) Port Muhammad Bin Qasim, to arrest the absconding...
SHC directs to release consignment imported by M/s S.A. Traders after securing differential amount
KARACHI: A two-member bench of the Sindh High Court (SHC) headed by Justice Irfan Sadat Khan directed customs officials to...
Quetta Customs foils bid to smuggle goods worth Rs500m to Punjab
QUETTA: Collectorate of Customs Enforcement anti-smuggling squad in two intelligence based operations (IBOs) seized eleven containers fully loaded with smuggled...
NKATI assures Javed Miandad to support for free education
KARACHI: North Karachi Association of Trade & Industry (NKATI) has pledged to work with the Luminary Learning Circle Foundation (LLCF)...
Govt expresses resolve to successfully complete IMF programme in September
ISLAMABAD: The government expressed its resolve to successfully complete the International Monetary Fund (IMF) in September saying that the ongoing...
No injustice to be tolerated against any taxpayer: FTO Dr Asif Mahmood Jah
LAHORE: Federal Tax Ombudsman Dr Asif Mahmood Jah categorically announced that “no injustice will be tolerated at any cost against...
OIC to play effective role in economic integration of Islamic world: Indonesia
ISLAMABAD: Deputy Minister for Foreign Affairs, Asian Pacific and African Affairs of Indonesia, Abdul Kadir Jailani has said that the...
Pakistan-Saudi Arabia sees prospects for new investment opportunities
ISLAMABAD: Pakistan and Saudi Arabia discussed the bilateral investment opportunities and also prospects for new investment in different potential sectors....
KP businessmen rejects restoration of octroi tax system
PESHAWAR: Business community in Khyber Pakhtunkhwa strongly rejected the provincial government’s decision regarding restoration of octroi system, a tax on...
Cooking oil and ghee shortage is looming during the upcoming month of Ramadan
LAHORE: Due to the alleged mismanagement of the concerned authorities, a cooking oil and ghee shortage looms ahead of the...
SHC directs parties to submit rejoinder in petition filed by HASCOL Petroleum Limited
KARACHI: A two-member bench of the Sindh High Court (SHC) took report into court record and directed parties to file...
Afghan, Gwadar chambers explore “Gwadar trade activities”
GWADAR: In order to boost up commercial and business activities in Gwadar, Gwadar Chamber of Commerce and Industry (GCCI) explored...
Gwadar I&I seizes smuggled liquor worth Rs15m
GWADAR: Directorate of Customs Intelligence and Investigation (I&I) has seized large quantity of foreign origin liquor at a dumping place...
KP industrialists reject Octroi tax
PESHAWAR: Industrialists rejected the government’s decision regarding restoration of Octroi, a tax on various goods brought into a town, which...
Appraisement East submits interim charge sheet against suspects in submission of fake PRCs scam
KARACHI: Investigation Officer of Collectorate of Customs Appraisement East submitted interim charge sheet against suspects namely Suliman Khan, Bahar Ali,...
Omar Ayub appreciates ADB’s loan of $300m for Pakistan’s capital markets
ISLAMABAD: Minister for Economic Affairs Omar Ayub Khan appreciated the approval of $300 million by Asian Development Bank under Capital...
Finance Ministry rebuts int’l media news on Pakistan’s state of economy
ISLAMABAD: The Ministry of finance Wednesday rejected news items published in the international media about the state of Pakistan’s economy,...
Reduction in income tax slabs possible, says FBR Chairman
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Muhammad Ashfaq Ahmed has said that reduction in income tax slabs may be...
