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SBP foreign reserves rise $2m to $16.42b
KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves were recorded at 16,417.3 million during the week ending on...
Punjab realtors association calls on govt to withdraw capital gains amendment
LAHORE: The Punjab Federation of Realtors (FOR) has demanded the government withdraw an amendment in the budget relating to taxable...
RCCI organizes post budget session, urges govt to withdraw Section 203A
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI)has shown strong reservations on the federal and provincial budgets 2021-22. Addressing...
Govt should allow coal unloading at Karachi Port Trust: APCMA
KARACHI: Cement-makers have asked the federal government to allow the discharge of imported coal at Karachi Port Trust (KPT) as...
Covid-19 vaccine procurement top priority of govt: Tarin
ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin Friday said that providing safety to our citizens through the timely...
Talks with IMF over sixth economic review remain inconclusive
ISLAMABAD: The talks between Pakistan and the International Monetary Fund (IMF) over a sixth review of the $6 billion loan...
Govt raises over Rs1tr through T-bills
ISLAMABAD: The government raised Rs1.096 trillion through auction of treasury bills and Rs70bn through Pakistan Investment Bonds. However, the cut-off...
SCCI, BoI to form joint working group to resolve business issues
PESHAWAR: Sarhad Chamber of Commerce and Industry and Board of Investment (BoI) Islamabad have decided to form a joint working...
Banks given time to develop model for housing loans
KARACHI: The State Bank of Pakistan has directed banks to come up with their informal income proxy models operational for...
MoF revises profit rates of National Savings certificates
ISLAMABAD: The Finance Ministry has revised the profit rates on National Savings Schemes certificates, a notification issued in this regard...
SBP Governor updates Shaukat Tarin on progress of different policy initiatives
ISLAMABAD: Governor State Bank of Pakistan, Dr. Reza Baqir called on Minister for Finance and Revenue, Shaukat Tarin in Islamabad...
Steel sector warns govt of massive losses over scrapping FED in tribal areas
ISLAMABAD: Pakistan’s steel industry has strongly protested moving the sector from the FED to GST sales tax regime and warns...
SBP caps feeless interbank fund transfer at Rs25,000 per month
KARACHI: The State Bank of Pakistan (SBP) directed banks to continue providing free of cost digital fund transfer services to...
Collector Irfan Javed’s Quetta Customs thwarts attempt to smuggle Iranian diesel worth Rs30m
QUETTA: Collectorate of Customs Enforcement and Compliance (E&C) has seized non-duty paid vehicles and an oil tanker loaded with Iranian...
Vegetable exports increased record 1.51pc in 10 months
ISLAMABAD: Vegetable exports during first ten months of FY 2020-21 grew by 1.51 per cent as compared to the exports...
FBR directs customs officers of BS-19-20 to submit asset declaration, PERs by July 10
ISLAMABAD: Federal Board of Revenue (FBR) directed officers of Pakistan Customs Service (PCS) from Grade – 19 to Grade –...
Tarin rules out possibility of Pakistan’s exit from IMF programme
ISLAMABAD: Federal Minister for Finance Shaukat Tarin has said that it is not possible for Pakistan to come out of...
DG Khan ASO seizes huge quantity of smuggled betel nuts
MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) Multan has seized huge quantity of betel nuts under the garb of...
Govt slashes levy on petroleum products
ISLAMABAD: The federal government on Wednesday reduced the levy on petroleum products. According to sources, sales tax on petrol and...
ECC approves foreign funding policy for NGOs
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin, chaired the meeting of the Economic Coordination Committee (ECC) of the...
