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KARACHI: Spokesperson of Finance Ministry Muzzammil Aslam on Saturday said that increase in demand of sugar and delay in crushing...

Petrol price hike challenged in LHC

LAHORE: Recent hike in petroleum products by the government has been challenged in Lahore High Court (LHC). The plaintiff argues...

FTO inaugurates facilitation at Islamabad Int’l Airport

ISLAMABAD: The office of the Federal Tax Ombudsman has taken another initiative to facilitate taxpayers and overseas Pakistanis by establishing...

Petrol price would have been Rs 180 had govt withdrawn subsidy: Tarin

KARACHI: Adviser to the Prime Minister on Finance Shaukat Tarin on Friday said that the petrol price would have been...

Govt committed on GB development: Tarin

ISLAMABAD: Advisor to the Prime Minister on Finance and Revenue, Shaukat Tarin expressed the government’s resolve for the development and...

Zero-rated export sector be placed on first position in Gas Load Management Policy

KARACHI: Leading industrialists/ exporters have demanded that first priority in respect of gas supply must be given to industries of...

CNG stations to remain closed in Sindh, Balochistan from Sunday to Monday: SSGC

KARACHI: The Sui Southern Gas Company (SSGC) on Friday announced that the gas supply to CNG stations in Balochistan and...

SHC settles petition filed by M/s Al Asar Traders seeking release order for imported consignment

byM.B. Rana

KARACHI: A two-member bench of the Sindh High Court (SHC) disposed of a constitutional petition with directions filed by M/s...

Symbol of law and justice in the empty courtroom, law and justice concept.

SHC issues notices on petition filed by importer & clearing agent challenging charges of money laundering

byM.B. Rana

KARACHI: A two-member bench of the Sindh High Court (SHC) issued notices to the customs officials and deputy attorney general...

MoC, SBP review imports as trade deficit and CAD widen

ISLAMABAD: As the country’s trade and current account deficits (CAD) widen due to increasing imports, the Ministry of Commerce has...

An employee serves oil at a petrol station still opened during a strikeon December 11, 2012 in Rome. The strike of petrol stations in Italy started the day before at 7 PM and will last until December 14 at 7 PM. AFP PHOTO / ANDREAS SOLARO / AFP PHOTO / ANDREAS SOLARO

Govt increases petrol price by Rs 8.03 per litre

ISLAMABAD: The government on late Thursday night jacked up the price of petrol by Rs 8.03 per litre with immediate...

Razak hails proposed legislation for GSP- plus in post-2023

ISLAMABAD: The Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood welcomed the newly proposed legislation for Generalized...

UGTA perturbed over losses caused by sit-in in Punjab, warns to go on strike as govt’s stays inattentive

KARACHI: Chairman United Goods Transporters Alliance (UGTA) Ghulam Yasin Khan has said that goods transporters have been facing a lot...

Govt urged to reduce customs duty on yarn

LAHORE: The Pakistan Yarn Merchants Association (PYMA) has urged the government to reduce the Customs duty on polyester yarn and...

SBP asks exchange companies to deploy BVS from Nov 6

KARACHI: The exchange companies are required to deploy biometric verification system (BVS) for transactions of foreign currencies from November 6,...

Iftikhar Ahmed posted as Director General Transit Trade

ISLAMABAD: Federal Board of Revenue (FBR) has posted Iftikhar Ahmad, a BS-20 officer of Pakistan Customs Service (PCS), presently posted...

ECC cancels floating fresh tender to import wheat

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has cancelled the floating of a fresh tender to import wheat...

Pakistan’s public debt to GDP ratio to ease in FY22, FY23

ISLAMABAD: The World Bank has projected Pakistan’s debt to Gross Domestic Product (GDP) ratio to ease to 90.6 per cent...

Former PEMRA DG dismissed for ‘harassing’ a female worker