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Govt says IMF to approve tranche after completing required actions
ISLAMABAD: The government on Sunday said the International Monetary Fund (IMF) board would approve the new tranche for Pakistan, once...
DG Customs Valuation revises value of Iron steel wool/port scourer
KARACHI: The Directorate General of Customs Valuation (DGCV) has revised the customs value of iron or steel wool/port scourer under...
Customs duty collection up 43pc to Rs142b
ISLAMABAD: Customs duty collection increased to Rs476 billion, higher by Rs142 billion or 43%. It was Rs61 billion more than...
Exports witnessed record increase of 25pc in H1FY22
ISLAMABAD: The Ministry of Commerce has said that the growth in imports has started to decrease according to early indications....
FTO detects irregularities in seizure & auction of non-customs paid vehicles
MULTAN: The Federal Tax Ombudsman (FTO) has detected irregularities in seizure and auction of non-customs paid (NCP) vehicles across the...
SBP’s independence in Pakistan’s interest: Fawad
KARACHI: Federal Minister for Information Fawad Chaudhry said on Sunday that the State Bank of Pakistan's (SBP) independence was in...
IPR Enforcement South seizes huge quantity of counterfeit mobile batteries & cosmetics
KARACHI: Under the supervision of Director General Intellectual Property Rights (IPR) Enforcement South Rubaba Sikandar, Directorate of IPR team has...
IMF wants to eliminate flaws in tax system: FBR chairman
ISLAMABAD: Federal Bureau of Revenue (FBR) Chairman Dr Muhammad Ashfaq has said that the International Monetary Fund (IMF) always wanted...
Pakistan rings in the new year with Rs4 hike in petrol price
ISLAMABAD: Government of Pakistan (GOP) on Friday announced to hike petrol prices by Rs4 ahead of New Year 2022. According...
FBR must ensure recovery notice to defaulters before taking action: President MTBA Malik Khadim Hussain
MULTAN: The Federal Board of Revenue must ensure recovery notice to tax defaulters before taking any extreme action. President Multan...
FBR exceeds six month tax collection target by Rs287b during H1FY22
ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed its collection target by Rs287 billion during July-December of current financial...
CCoP omits ‘Mari Petroleum Company’ from privatization list
ISLAMABAD: The Cabinet Committee on Privatization (CCoP) discussed the proposal for divestment of government of Pakistan’s shares in Mari Petroleum...
FTO forms honorary positions of coordinators with immediate effect
LAHORE: To provide maximum facilitation to the business community, the Federal Tax Ombudsman constituted honorary positions of coordinators (Business Liaison)...
Pakistani Rupee recovers sharply against US dollar
KARACHI: Pakistani Rupee recovered sharply against US dollar with an appreciation of Rs1.73 in the interbank currency market on Friday....
SPI inflation dips 0.5pc on weekly basis
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation dipped 0.50 percent after going up for two weeks in a...
Banks to remain closed for public dealings on January 3
KARACHI: All banks in Pakistan will remain closed for public dealing on January 3 (Monday), the State Bank of Pakistan...
Pakistan’s forex reserves slip to $24.27b
KARACHI: The liquid foreign exchange reserves of Pakistan have slipped $360 million to $24.273 billion by the week ended December...
Pakistan, China vows to tap full potential of Gwadar port, free zone under CPEC
ISLAMABAD: Pakistan and China resolved to redouble the efforts to tap the full potential of Gwadar port and free zone...
M/s Qureshi Enterprises moves SHC seeking release order of pet food consignments
KARACHI: M/s Qureshi Enterprises and other importers have approached the Sindh High Court against detention of their imported consignments of...
Sri Lankan Trade Minister to bring delegation to Pakistan on Jan 23: CG
KARACHI: Consul General of Sri Lanka Jagath Abeywarna has said that Sri Lankan Trade Minister will be bringing a delegation...
