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Weekly inflation declines to 7.87 percent
ISLAMABAD: The Sensitive price Indicator (SPI) based weekly inflation for the week ended on September 23, for the combined consumption...
SBP reserves fall $479m to $19.5b
KARACHI: The foreign exchange reserves held by the central bank fell 2.4% on a weekly basis, according to data released...
SBP decides to prohibit bank loans for imported vehicles
KARACHI: The State Bank of Pakistan (SBP) on Thursday amended regulations to prohibit financing for imported vehicles. “The changes in...
FBR issues draft rules issued for Uzbekistan-Pakistan transit trade
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday issued draft rules for Uzbekistan-Pakistan Transit Trade (UPTT). The FBR issued SRO...
ECC approves import of 50,000 MT of sugar
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved to import 50,000 MT sugar to maintain sufficient stock in...
KCCI Managing Committee unanimously elects office bearers for 2021-22
KARACHI: The Managing Committee of Karachi Chamber of Commerce & Industry (KCCI), in its meeting held on Thursday, unanimously elected...
SHC summons terminal operator PMBQ DP World, QICT in person used Hino trucks detention case
KARACHI: A two-member bench directed terminal operator at Port Muhammad Bin Qasim DP World, QICT and called him in person...
SHC seeks comments on petition filed by M/s Ubaid Enterprises
KARACHI: A two-member bench, comprising Justice Shafi Muhammad Siddiqui and Justice Agha Faisal issued notices to the customs officials and...
Multan Customs redistributes work among deputy, assistant collectors
MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) redistributed tasks among Assistant Collectors and Deputy Collectors of the region. Multan...
FBR I&I IR detects tax evasion of Rs460m
LAHORE: The Federal Board of Revenue (FBR) Directorate of Intelligence & Investigation, Inland Revenue (I&I-IR) has unearthed tax evasion worth...
FBR not to seek source of remittances sent through ECs
ISLAMABAD: Federal Board of Revenue (FBR) has said that tax authorities will not ask source of foreign exchange not exceeding...
MoC releases new refunds of Rs6bn under DLTL scheme
ISLAMABAD: Ministry of Commerce (MoC) has released new refunds worth Rs6 billion under the Duty Drawback on Local Taxes and...
DG Valuation revises customs values on import of high tensile nuts, bolts & washers
KARACHI: Directorate General Customs Valuation has revised customs values on the import of high tensile nuts, bolts and washers for...
Customs JIAP seizes precious diamonds worth Rs11m
KARACHI: Pakistan Customs team deputed at Jinnah International Airport (JIAP) intercepted a passenger Zahid Khalil and recovered 136 carats precious...
Four telecom companies submit bids for NGMS spectrum auction in AJK & GB
ISLAMABAD: Four telecom companies have reportedly submitted bids for the next generation mobile service (NGMS) spectrum auction in Azad Jammu...
Presidential Ordinance to increase tax revenue: Chairman FBR
ISLAMABAD: Chairman Federal Board of Revenue (FBR) Dr Ashfaq Ahmed has said that tax revenue will be increased through Presidential...
Roshan Digital Accounts attract US$2.3b: SBP Governor tells PM Imran Khan
ISLAMABAD: Governor State Bank of Pakistan (SBP) Reza Baqir Wednesday met Prime Minister Imran Khan and briefed him over the...
Sindh decides to add utility tax to gas bills
KARACHI: The Sindh government has decided to impose another utility tax, days after it had proposed the collection of two...
Multan Dry Port wears desert look after heavy rain
MULTAN: Multan Dry Port wears deserted look after heavy rain. Customs Appraisement Faisalabad employees who are deputed at Multan Dry...
FTO expresses concerns over the coercive recovery measures by tax collectors
MULTAN: The Federal Tax Ombudsman (FTO) has expressed concerns over coercive recovery measures by tax collectors, saying that discretionary steps...
