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Supreme Court allows FBR’s plea against LHC judgement
ISLAMABAD: The Supreme Court allowed a Federal Board of Revenue (FBR) petition against the Lahore High Court (LHC)'s judgment regarding...
FBR cuts duty drawback rates on inputs’ export
ISLAMABAD: The Federal Board of Revenue (FBR) has decreased duty drawback rates on the export of stearic acid/distilled fatty acids/glycerin...
Dollar rises record high to Rs175.27
KARACHI: The value of the US dollar has been continuously rising over the past several weeks to Rs175.27 in the...
FPCCI criticises FBR’s ‘digital payments’ measure
ISLAMABAD: A day after the Karachi Tax Bar Association (KTBA) termed it anti-business and contradictory, the Federation of Pakistan Chambers...
Govt plans 6.9m tonnes coal production in FY22
ISLAMABAD: The government has set a target to produce around 6,900,000 tonnes of coal during the current fiscal year (FY22)...
SHC dismisses petition filed by M/s Global Trading against SCN
KARACHI: A two-member bench of the Sindh High Court (SHC) dismissed a constitutional petition as non-maintainable filed by M/s Global...
Customs Court approves bail to owner of M/s Marosh in mis-declaration scam
KARACHI: The Customs Court granted bail to suspect Azam Waheed, owner of M/s Marosh against surety of Rs300,000 and directed...
RCCI urges for immediate consultations to resolve trader’s issues
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI has urged the government to take stakeholders on board for resolving...
Port congestion put shippers in tough situation
LAHORE: Port congestion and relating infrastructure constraints have put the shippers of strategically important supplies in a tough situation besides...
PRL, NRL & BYCO refute allegation of high carbon footprint, rally against proposed shutdown
ISLAMABAD: Three local oil refineries – Pakistan Refinery Limited (PRL), National Refinery Limited (NRL) and BYCO Petroleum Pakistan Limited...
Govt asks IMF to relax Covid spending ceiling by $2b
ISLAMABAD: Pakistan has borrowed $3.1 billion in the past three months, including money for vaccine procurements, amid its requests to...
Petrol price likely to go up by Rs7 per litre from November 1: sources
KARACHI: In view of the continuous depreciation of the Pakistani rupee and soaring oil prices, petrol is likely to become...
Gwadar Customs seizes hashish worth Rs100m at Khurkhera check post
GWADAR: Collecctorate of Customs has foiled a bid to smuggle 435 kilograms of hashish worth Rs100 million. Sources said that...
FBR asks to take measures for speedy cargo clearance to avoid any loss
MULTAN: The Federal Board of Revenue (FBR) has been asked to take immediate measures for speedy cargo clearance and avoid...
Chinese firm resumes work on Dasu hydropower project
PESHAWAR: Work on the 4300MW Dasu hydropower project resumed after three months and ten days as the Chinese company supervising...
SHC issues notices on petition filed M/s Muhammad Din Malang Industry
KARACHI: A two-member bench of the Singh High Court (SHC) comprising Justice Shafi Muhammad Siddiqui and Justice Faisal Agha granted...
Pakistan obtains over $3,098m in loans in 1Q of FY22
ISLAMABAD: Pakistan has obtained $3098.06 million in loans from multilateral and commercial banks during the first three months of the...
Power Division devising framework for recruitment of locals in power companies
ISLAMABAD: The Power Division informed the National Assembly (NA) Standing Committee on Power that the division has been preparing a...
M/s AAD Enterprises moves SHC against enhanced valuation of mosquito coils from US$ 0.79 to US$ 1.01
KARACHI: A two-member bench of the Sindh High Court (SHC) issued notices to customs officials and deputy attorney general of...
IPRE South seizes counterfeit consignment of toothpaste
KARACHI: Upon directions of Federal Board of Revenue and Director General Intellectual Property Rights Enforcement Rubab Sikander, Director Naima Batool...
