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NEPRA will hear the plea on September 30
ISLAMABAD: The government is likely to increase the price of electricity up to Rs2.07, which will put an additional burden...
Transparency International inducts Advocate Shahab Imam as member
ISLAMABAD: Transparency International Pakistan has inducted renowned Advocate Dr. Shahab Imam as member with effect from September 21, 2021. Earlier,...
Revised taxation for banks applicable from January 1, 2021: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has revised taxation for banks from tax year 2022 (starting from January 01,...
SRB extends last date for sales tax payment, return filing
KARACHI: The last date for payment and sales tax return has been extended by Sindh Revenue Board (SRB). The provincial...
Gwadar Customs thwarts attempt to smuggle narcotics worth Rs160m
GWADAR: Collectorate of Customs foiled an attempt to smuggle narcotics into the country and seized fine quality charas worth Rs180...
Exports increase by 24pc to Rs742,259m in two months
ISLAMABAD: The exports from the country in rupee term witnessed an increase of 23.86 per cent during the first two...
Asad Tahir appointed as official FBR spokesperson
ISLAMABAD: Federal Board of Revenue (FBR) has appointed Muhammad Asad Tahir, a BS-20 officer of Inland Revenue Service (IRS) as...
DLTL to continue, previous claims to be settled soon, current claims to be settled on time: Shaukat Tarin
KARACHI: Federal Minister for Finance & Revenue Shaukat Tarin has assured that the Drawback of Local Taxes & Levies (DLTL)...
Customs Court seeks progress report against M/s Bin Bakar Enterprises, M/s Sial Enterprises in mis-declaration scam
KARACHI: The Customs Court directed investigation officer of Customs Appraisement East to complete investigation and submit progress report against partners/...
FIA registers FIR against customs officers & clearing agent
LAHORE: The Federal Investigation Agency (FIA) has registered a first information report (FIR) against customs officers and clearing agents over...
Customs I&I foils bid to smuggle heroin from Peshawar to Rawalpindi
RAWALPINDI: Directorate of Customs Intelligence and Investigation (I&I) has foiled a bid to smuggle huge quantity of heroin from Peshawar...
SHC dismisses petition filed by M/s Abdullah Associates & others
KARACHI: The Sindh High Court (SHC) has dismissed the constitutional petition as not pressed by M/s Abdullah Associates, Syed Rehan...
Monetary policy: SBP hikes interest rate by 25 bps to 7.25pc
KARACHI: The State Bank of Pakistan (SBP) on Monday increased the benchmark interest rate by 25 basis points to 7.25%...
SBP eases conditions for Afghan Transit Trade
KARACHI: State Bank of Pakistan (SBP) on Monday relaxed conditions of the Foreign Exchange Manual to facilitate Afghan Transit Trade...
Pakistan’s earns $195m from IT services’ export during July 2021
ISLAMABAD: Pakistan earned US $195.990 million by providing different Information Technology (IT) services in various countries during the first month...
Pakistan economy to grow by 4.2pc in FY22: Fitch
ISLAMABAD: Pakistani economy is expected to record real GDP growth of 4.2% in FY2021-22 (July 2021-June 2022), up from 3.9%...
Business community rejects hike in oil prices
KARACHI: The business community has rejected the increase in prices of petroleum products and demanded the government to immediately withdraw...
Speakers slam govt for ‘strangulating’ traders thru double taxation
LAHORE: Speakers at a seminar have claimed that the incumbent Pakistan Tehreek-e-Insaf (PTI) government is ‘strangulating’ traders (economically) by time...
‘Chinese companies to invest US $ 15 bln in Pakistan’s petrochemicals’
ISLAMABAD: Federal Secretary, Board of Investment (BOI), Fareena Mazhar said Chinese companies were ready to invest US $15 billion in...
Corporate taxpayers to adopt digital payment system from Nov 1
ISLAMABAD: The Federal Board of Revenue (FBR) is mulling over allowing corporate taxpayers a grace period of 40 days to...
