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FBR notifies transfer & posting of 56 IRS officers of BS-19-20
ISLAMABAD: Federal Board of Revenue (FBR) notified transfers of 56 officers in BS-19 and BS-20 of Inland Revenue Service (IRS)...
Finance ministry says rising public debt due to perpetual devaluation of rupee
ISLAMABAD: The Ministry of Finance (MoF) said that the reason behind the Rs2.9 trillion public debt was the continuous devaluation...
PRA collect Rs10.3b during August 2021
LAHORE: According to provisional figures, Punjab Revenue Authority (PRA) collected Rs10.3 billion during August 2021 as compared to Rs8.7 billion...
SHC fixes date of hearing on petition filed by M/s ECO Powergen challenging inquiry
KARACHI: The Sindh High Court (SHC) fixed Oct 28, 2021 as date of hearing on a constitutional petition filed by...
SHC dismisses petition filed by M/s Abdullah Associates & others
KARACHI: The Sindh High Court (SHC) has dismissed an urgent application for hearing on constitutional petition filed by M/s Abdullah...
Tractor industry shutting down as FBR fails to release Rs6b refunds
LAHORE: Long delay in Rs6 billion sales tax refunds has forced the tractor industry to cut back its production substantially,...
Pak Rupee appreciates slightly against USD
KARACHI: The rupee appreciated 0.04% against the US dollar in the inter-bank market on Friday, closing the week at Rs166.91....
Port Qasim exporters to avail 50pc discount in wet, dry port charges
KARACHI: The exporters using wet and dry ports via Bin Qasim route will now get a 50 per cent slash...
Pakistan earns $500m from travel services exports during FY 2020-21
ISLAMABAD: Pakistan earned US $500.158 million by providing different travel services in various countries during the fiscal year 2020-21. This...
LCCI polls 2021-22: PIAF-Founder Alliance candidates elected unopposed
LAHORE: All candidates of PIAF-Founder Alliance have been elected unopposed in Lahore Chamber of Commerce and Industry (LCCI) election 2021-22...
KCCI, majority interveners boycott NEPRA’s hearing, demand fresh hearing on same issue
KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) along with majority of interveners boycotted the proceedings of NEPRA’s Public...
FBR seeks exemption certificates
ISLAMABAD: The Federal Board of Revenue (FBR) has sought exemption certificates, details issued under greenfield industrial undertakings. Sources said that...
FTO declares Car Amnesty Scheme illegal
ISLAMABAD: Federal Tax Ombudsman (FTO) has declared an amnesty scheme for customs clearance of stolen imported cars without legal action....
ASO Islamabad seizes smuggled Irani carpets worth Rs14m
ISLAMABAD: The Anti-Smuggling Organization (AS) have seized huge quantity of smuggled Iranian carpets worth Rs14 million along with offending vehicle....
$2.75b from IMF takes SBP forex reserves to all-time high
KARACHI: The State Bank of Pakistan (SBP) has received $2.75 billion under the International Monetary Fund’s (IMF) allocation of Special...
Help desk should be established at Dera Ghazi Khan Chamber of Commerce & Industry: Khawaja Jalaluddin Roomi
MULTAN: Prime Minister Imran Khan has met our outstanding demand by introducing a financing scheme for Small and Medium Enterprises...
Over 8.46 million bales of cotton production expected this year: Fakhar
ISLAMABAD: The Cotton Crop Assessment Committee (CCAC) told over 8.46 million bales of cotton production was expected during current season....
NEPRA may approve power price hike by Rs1.37/unit
ISLAMABAD: Power price hiked by Rs1.37 per unit is likely on account of fuel charges adjustment (FCA) for July 2021,...
FBR directs senior officers to furnish assets declaration
ISLAMABAD: The Federal Board of Revenue (FBR) has identified that majority of its senior officers have failed to furnish their...
NKATI termed dollar rate hike constantly as indirect tax
KARACHI: President, North Karachi Association of Trade & Industry(NKATI), Faisal Moiz Khan, while expressing deep Concern over rising dollar rate,...
