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MULTAN: Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah has said that taxpayers are now fully confident in obtaining their...

Lahore Enforcement recovers smuggled betel nuts worth Rs21m from M/s MMA Foods in Kasur

LAHORE: On the directions of Ms. Rubab Sikandar, Chief Collector of Customs (Enforcement-Punjab) and Muteen Alam, Collector, Collectorate of Customs,...

FBR exceeds revenue target, collects Rs760b in May

ISLAMABAD: The Federal Board of Revenue (FBR) exceeded its revenue target by collecting Rs.760 billion during the month of May...

Govt slashes petrol price by Rs4.74 per litre

ISLAMABAD: The federal government slashed the price of petrol by Rs 4.74 per litre for the next fortnight. After the...

IMF demands Pakistan to ‘public’ parliamentarians, ministers’ assets

ISLAMABAD: The International Monetary Fund (IMF) on Saturday demanded Pakistan to public office holders, government officials, ministers, and parliamentarians. According...

IHC disposes of petition after implementation of CAT order

MULTAN: The Islamabad High Court (IHC), bench headed by Justice Babar Sattar, has disposed of a writ petition filed by...

FTO seeks urgent decision regarding disposal of confiscated ambulances, vehicles

MULTAN: The Federal Tax Ombudsman (FTO) has recommended that the Economic Coordination Committee (ECC) make an urgent decision regarding the...

EIC, SCCI agree to establish consortium of companies in Ethiopia

ISLAMABAD: The Ethiopian Investment Commission (EIC) and Sialkot Chamber of Commerce and Industry (SCCI) signed a landmark Memorandum of Understanding...

Govt committed to support local industry: Finance Minister

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb reiterated the government’s commitment to support the local industry. During...

Mis-declaration: Lahore Adjudication imposes penalties on Zaniq Green & FK Enterprises

LAHORE: Collectorate of Customs Adjudication Lahore Collector Saira Agha held the importer M/s Zaniq Green and directed confiscation of the...

FBR ‘sets’ Rs12,900b tax collection target for FY2024-25

ISLAMABAD: The Federal Board of Revenue (FBR) has ‘fixed’ the Rs12,900 billion tax collection target for the upcoming fiscal year...

Pakistan signs MoUs with Kuwait on industrial cooperation

KUWAIT: Pakistan and Kuwait signed memorandums of understanding in the fields of industrial cooperation and engineering on Thursday. These MoUs...

FTO bars FBR to demand CPRs from taxpayers

MULTAN: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) that the field formations should not...

Multan Customs deploys high-efficiency cameras at Sadiqabad & Dera Ghazi Khan check-posts to curb smuggling

MULTAN: Collectorate of Customs Collectorate Enforcement Multan has enhanced surveillance through deployment of high-efficiency cameras at Sadiqabad and Dera Ghazi...

FBR likely to generate Rs205b through additional trade tax in FY2024-25

ISLAMABAD: The Federal Board of Revenue (FBR) is gearing up to generate an additional Rs 205 billion through trade taxes...

Govt to resolve rising production costs, industry issues: Jam Kamal

LAHORE: Federal Minister for Commerce Jam Kamal Khan has said that the government has devised a well-tailored, well-thought-out and doable...

Economy improves as indicators stay positive

ISLAMABAD: As the fiscal year 2023-24 is nearing to a close, the economy of the country has been showing signs...

Illicit cigarettes worth around Rs202m destroyed in Jhelum Zone

ISLAMABAD: The Jhelum Zone of Regional Tax Office, Rawalpindi destroyed a huge quantity of illicit, smuggled and counterfeit cigarettes worth...

World’s largest cargo ship MSC Anna reaches Karachi port