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Cabinet approves summary to buy oil from Saudi Arabia on deferred payments
ISLAMABAD: The federal cabinet on Saturday approved an agreement allowing the government to buy oil from the Kingdom of Saudi...
Federal govt seeks details of KP’s domestic, foreign loans
PESHAWAR: The federal government has asked the Khyber Pakhtunkhwa (KP) government for details of interest paid on external and internal...
Businessmen ask govt to reduce customs duty on polyester yarn to 7pc
LAHORE: The federal government should take notice of the excessive taxes and duties imposed on polyester yarn, which is the...
Customs I&I seizes smuggled goods worth Rs54m
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) has expedited efforts against smuggling, and seized huge quantity of smuggled goods...
Pakistani jewellery, gemstones gaining foothold in China
SHANGHAI: Made in Pakistan jewellery, which has had a market in China for years, is gathering traction in the neighbouring...
Appraisement West lodges FIR against suspects for submission of fake PRCs for import of used vehicles
KARACHI: Keeping in line with the directions of Member-Customs Operations, Federal Board of Revenue and the Chief Collector of Customs...
Cabinet approves agreement to keep $3b from Saudi Arabia in SBP
ISLAMABAD: “The SBP has finalised all arrangements and now everything is in place and the amount of the agreed deposit...
No new taxes but exemptions to be withdrawn: Shoukat Tarin
KARACHI: Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has said that present government will not impose...
LHC seeks report from FBR on cryptocurrency’s legal status in Pakistan
LAHORE: The Lahore High Court (LHC) has sought report from the Federal Board of Revenue (FBR) regarding the legal status...
FTO providing immediate justice to common people
ISLAMABAD: Federal Tax Ombudsman (FTO) Dr. Asif Mehmood Jah providing immediate and inexpensive justice to common people across the country...
70 enterprises get active status in SEZs: SBP
KARACHI: The Special Economic Zone Management Information System (SEZMIS) has facilitated the grant of the active zone status to 70...
Promoting trade with African countries govt’s top priority: Razak Dawood
ISLAMABAD: Advisor to the Prime Minister on Commerce, Abdul Razak Dawood has said the incumbent government was giving foremost priority...
Nadra’s data has been compromised, reveals FIA official
ISLAMABAD: In a startling revelation, an official of the Federal Investigation Agency’s (FIA) revealed that the National Database and Registration...
PTA slashes mobile termination rates from Jan 1
ISLAMABAD: The Pakistan Telecom Authority (PTA) has reduced the Mobile Termination Rate (MTR) from Rs0.70 per minute to Rs0.50 per...
Weekly inflation eases 0.67 percent
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on November 25, for the combined consumption...
7 truckloads of food, non-food items sent to Afghanistan
LANDIKOTAL: Bismillah Welfare Trust (BWT) sent tons of humanitarian aid to Afghanistan for onward distribution among the needy people in...
PM Imran inaugurates Sohni Dharti Remittance Program for overseas Pakistanis
ISLAMABAD: Prime Minister Imran Khan inaugurated the Sohni Dharti Remittance Program (SDRP) an innovative program designed to incentivize Pakistani workers...
Probe committee holds lower Customs staff responsible for valuation fraud
ISLAMABAD: A fact finding committee probing the valuation fraud at Quetta Customs Collectorate has reportedly held lower staff members responsible...
Pakistan’s forex reserves fall by $776m during one week: SBP
KARACHI: Pakistan’s foreign exchange reserves have declined by $776 million during a week owing to external debt repayment, the State...
Energy ministry proposes to raise dealers’ profit margins by 99 paisas
ISLAMABAD: In the wake of protests from petroleum dealers, the ministry of energy and petroleum has sent the approval for...
