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Pakistan, World Bank sign $1.15b accords for clean energy projects in KP
ISLAMABAD: Pakistan and the World Bank signed two agreements related to renewable energy and hydropower projects, worth $1,150 million, in...
Tax Year 2021: FBR updates tax rate of dividend
ISLAMABAD: Federal Board of Revenue (FBR) has updated income tax rate on dividend received from a company during tax year...
FBR updates tax rate for profit on debt for FY21
ISLAMABAD: Federal Board of Revenue (FBR) has updated tax rate for profit on debt to be applicable during tax year...
SRB announces exemption of tax on services for USAID funded programs
KARACHI: Sindh Revenue Board (SRB) granted exemption from sales tax on services for projects funded by United States Agency for...
ECC approves import of 340,000MT wheat
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday granted approval for the import of 340,000 metric tonnes...
Finance division rebuts report on depleting foreign exchange reserves, bond programme
ISLAMABAD: The Finance Division rebutted a news report published in a section of press claiming that Pakistan’s foreign exchange reserves...
Plastic exports decrease 28.44pc in 2 months
ISLAMABAD: The exports of plastic materials witnessed decrease of 28.44 percent during the first two months of current financial year...
US dollar slides to lowest level in almost 5 months
KARACHI: The Pak Rupee strengthened by 62 paisas against dollar on Thursday owing to significant inflows of workers’ remittances and...
Pakistan exports to UK during first two-months of current FY increased
LONDON: Pakistan total merchandise exports to UK during first two-month of current financial year (July-August 2020-21) stood at US $...
KPT shipping movements report Oct 15
KARACHI: Following were the movements of ships at Karachi Port Trust (KPT) during last 48 hours, ending at 0700 hours...
TDAP to participate in Automechanika Istanbul 2021
ISLAMABAD: The Trade Development Authority of Pakistan (TDAP) is all set to participate in the Automechanika Istanbul 2021, scheduled...
FBR assigns division wise targets to ASOs
MULTAN: The Federal Board of Revenue (FBR) has allocated division wise targets to Anti-Smuggling Organizations for the month of October...
Appraisement East submits charge sheet against M/s Shafi Dyeing & M/s Younus Sons in mis-declaration scam
KARACHI: The Customs Court approved interim charge sheet against suspect Muhammad Fazal Noorani, proprietor of M/s Younus Sons and Shoukat...
World is lauding economic growth of Pakistan: Hafeez Sheikh
LAHORE: Adviser to the Prime Minister on Finance and Revenue Abdul Hafeez Sheikh has the whole world is appreciating economic...
PPMA demands periodic review of drug prices
ISLAMABAD: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) held a press briefing to demand continuity of the system of linking medicine...
Asian, European stocks sink as virus, stimulus sour mood
HONG KONG: Concerns about the re imposition of virus lock downs, stalled vaccine trials and dimming hopes of new US...
NLC reduces charges for air, road & rail transportation to facilitate businessmen
LAHORE: The National Logistic Cell is providing freight forwarding, cargo handling services, containers, dry ports at the borders and it...
CSA senior Alumini’s office-bearers visit FBR
ISLAMABAD: Senior office bearers of Civil Service Academy Alumni visited Federal Board of Revenue (HQ). Chairman FBR Muhammad Javed Ghani...
FBR abolishes regulatory duty, ACD on various raw materials
ISLAMABAD: Federal Board of Revenue (FBR) abolished regulatory duty and additional customs duty on various raw materials used by textile...
