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Withholding tax on mobile recharge increased to 15pc
ISLAMABAD: Cellular Mobile Operators (CMOs) announced the implementation of revised withholding tax rates on mobile balance recharge. According to text...
FBR to notify new property rates again on February 1
ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday held in abeyance the new property valuation rates notified through SROs...
Indonesian coal exports support CPEC energy projects in Pakistan: Envoy
ISLAMABAD: The Ambassador of Indonesia to Pakistan, Adam M. Tugio said since Indonesia is refined in the coal industry, it...
SHC seeks reply from M/s Sajid Plastic Factory against detention of its imported consignment
KARACHI: A two-member bench of the Sindh High Court (SHC) directed customs officials to file respective para wise comments on...
ADB willing to finance multi-billion dollar loans to Pakistan
KARACHI: The Asian Development Bank (ADB) showed its willingness to finance multi-billion dollars loans to Pakistan under different instruments of...
Textile exports increase by 26.05pc to $9.381b in 1st half of FY2022
ISLAMABAD: The exports of textile commodities surged by 26.05 percent during the first half of the current fiscal year (2021-22)...
Taxpayers facing severe issues in filing National Sales Tax Return
MULTAN: The Regional Tax Office and Large Taxpayer Office Multan taxpayers are facing problems in filing the Federal Board of...
FBR to close down retailers not depositing sales tax in national kitty: Chairman Dr. Ashfaq
ISLAMABAD: Chairman Federal Board of Revenue Dr Mohammad Ashfaq said it is a financial crime to collect the tax by...
SBP directs banks to ensure timely transaction alerts
KARACHI: The State Bank of Pakistan (SBP) directed the banks to ensure timely transmission of transaction alerts. The SBP issued...
Petroleum Ministry asks OMCs to submit data of petrol import from China
ISLAMABAD: The ministry of petroleum has asked all oil marketing companies (OMCs) to submit data on the import of petrol...
SHC disposes of petition filed by M/s Ahmed Impex & others
KARACHI: A two-member bench of the Sindh High Court (SHC), headed by Justice Irfan Sadat Khan disposed of the constitutional...
President Alvi apologises to senior citizen over FBR’s administrative injustice
ISLAMABAD: President Arif Alvi has apologised to a senior taxpaying citizen over administrative injustice by the Federal Board of Revenue...
FBR distributes Rs53m among 1,007 winners of POS Sale Prize Scheme
ISLAMABAD: The Federal Board of Revenue (FBR) distributed Rs53 million among 1,007 winners under its Point of Sale Prize Scheme....
Country’s industry must grow on global competitive trends to boost exports: President FPCCI
ISLAMABAD: President Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Irfan Iqbal Sheikh said the country’s industrial sector has...
FBR announces comprehensive changes in licensing procedure of shipping agents
LAHORE: The Federal Board of Revenue (FBR) has introduced comprehensive changes in the licensing procedure for the shipping agents including...
FBR asks MCCI to submit tax proposals on customs tariff rates & procedures
MULTAN: The Federal Board of Revenue has issued a letter to Multan Chamber of Commerce and Industry (MCCI) and invited...
‘Trade Diversification Policy’ boost country’s exports in non- traditional markets: Razak Dawood
ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment, Abdul Razak Dawood on Sunday said the government has fully...
SHC dismisses petition filed by M/s Orient Enterprises seeking re-export of goods
KARACHI: The Sindh High Court (SHC) has dismissed a constitutional petition filed by M/s Orient Enterprises seeking release order for...
SHC restrains customs officials from taking action against M/s CM Pak Limited
KARACHI: The Sindh High Court (SHC) restrained customs officials from taking any adverse action against the petitioner in respect of...
Industrialists to compile records of employees, security guards: DIG West
KARACHI: DIG West Zone Karachi, Nasir Aftab has asked the industrialists of North Karachi Industrial Area to compile the records...
