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Appraisement East lodges FIR against M/s Zulfiqar Traders in mis-declaration case
KARACHI: The Customs Court directed investigation officer to complete investigation against suspect namely Zulfiqar, proprietor of M/s Zulfiqar Traders, who...
Punjab govt slaps Rs21b tax on Orange Line project
LAHORE: The Punjab Revenue Authority has imposed taxes amounting to Rs21 billion on the Orange Line Metro Train project, according...
Major changes in federal cabinet, bureaucracy on the cards
ISLAMABAD: A major reshuffle is on the cards in the federal cabinet and bureaucracy, sources privy to the development said...
Qatar can benefit from investing in tourism, energy sectors: Bakhtiar
ISLAMABAD: Federal Minister for Planning, Development and Reform Makhdoom Khusro Bakhtiar Tourism, energy and infrastructure sectors of Pakistan offer massive...
Zardari’s close aide Owais Muzaffar arrested in Dubai
ISLAMABAD: Asif Ali Zardari’s close aide and former provincial lawmaker Owais Muzaffar was arrested from Dubai, according to media on...
Portugal’s EDP could create Latam JV with China Three Gorges if takeover bid fails – sources
LONDON/SAO PAULO: Portugal’s Energia de Portugal EDP could propose a joint venture with China Three Gorges (CTG) allowing CTG to...
Customs Court awards jail term & imposed fine on accused involved in smuggling
LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has sentenced accused Mohammad Nawaz to one month jail and...
Qasim Ali Shah approaches IHC seeking pre-arrest bail
ISLAMABAD: Former Sindh chief minister Murad Ali Shah on Monday filed a petition in the Islamabad High Court (IHC) seeking...
ASO recovers narcotics worth of Rs35m from Toyota Land Cruiser
ISLAMABAD: Collectorte of Customs, Anti-Smuggling Organization (ASO) seized 490 kilograms of narcotics along with carrier vehicle worth of Rs35 million....
Provision of conducive business environment govt top priority: President Alvi
LAHORE: President of Pakistan Arif Alvi has said that provision of conducive business environment is one of the top priorities...
Red tape blamed for delay in release of $2.3b by World Bank
ISLAMABAD: More than $2.3 billion disbursement by the World Bank committed for the current fiscal year has been held up...
Rupee drops to record low of 139.25 against US dollar
KARACHI: The escalation in tension on Pakistan-India border weighed on economies of the two neighbouring nuclear-armed nations as their currencies...
Customs I&I impounds non-duty paid auto parts worth Rs70m from Shadbagh
LAHORE: Directorate of Customs Intelligence and Investigation impounded huge quantity of smuggled auto parts from a warehouse located in Shadbagh....
Ministry of Finance approves amendments in SRO. 1265(I)/2018
ISLAMABAD: Ministry of Finance, Economic Affairs, Revenue and Statistics Additional Secretary Dr. Jawwad Owais Agha has issued SRO. 190(I)/2019 for...
FBR withdraws 2pc RD imposed on import of ferrous & non-ferrous waste
ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn the 25 percent regulatory duty imposed on the import of ferrous and...
BRINDEX-30 closed on lower side on 22,496.36 points with negative change
KARACHI: BRINDEX-30 closed on the lower side on Monday at 22,496.36 points with a negative change of -430.86 and volume...
NAB authorises inquiry against Sohail Shams in demurrage mega scam case
KARACHI: NAB Regional Board authorized inquiry against CEO of United Marine Agency Sohail Shams and management of KMTC in a...
Malaysian company to invest $100m annually in Pakistan
ISLAMABAD: Malaysian company edotco has offered annual investment of $100 million in Pakistan in a bid to lay a strong...
Pakistan needs to take tough decisions: DFID
ISLAMABAD: The UK Department for International Development (DFID) has asked the government to take ‘tough decisions’ to reform various sectors...
