Business community’s role imperative for economic development: Solangi

LAHORE: The Lahore Development Authority (LDA) took decisive action against multiple establishments that violated land use regulations and failed to...

Karachi Enforcement foils bid to smuggle prohibited injections from Gwadar to Karachi

KARACHI: Collectorate of Customs Enforcement thwarted an attempt to smuggle huge quantity of foreign origin prohibited injections and drugs from...

SHC directs against forcing people to pay income tax under special conditions

KARACHI: Sindh High Court (SHC) has issued a restraining order for not taking any coercive measure against the taxpayers for...

Tobacco companies register 32pc drop in production after levy of FED: FBR

ISLAMABAD: The production of multinational tobacco companies has declined by 32 percent due to the imposition of Federal Excise Duty...

ECC approves gas price revision

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved revision of the natural gas sale pricing for different categories...

Collector Azmat Tahira transfers appraising officers, inspectors

LAHORE: Collectorate of Customs Appraisement East Collector Azmat Tahira has issued office order for transfers and postings of following appraising...

Pakistani companies set to participate in Heimtextil exhibition

LAHORE: Several Pakistan companies will participate in the Global Heimtextil Exhibition 2024, the world’s leading trade exhibition for home textiles,...

Pakistan Customs Committee settles dispute for clearance interactive computer system

MULTAN: A classification committee of Pakistan Customs has settled dispute for clearance of all-in-One Interactive Computer System, Core i7 with...

KCAA seeks legislation to regulate shipping lines & terminal operators

MULTAN: In a move aimed at safeguarding the interests and rights of traders, customs agents, and other stakeholders, members of...

Karachi I&I registers case against developer involved in money laundering

KARACHI: Directorate of Customs Intelligence and Investigation (I&I) has filed a case before the Special Judge Customs Taxation & Anti-Smuggling...

FBR forms special groups for restructuring of PRAL

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted special groups of senior tax officials for the restructuring of Pakistan...

Bank of Punjab to establish exchange company soon

LAHORE: The Bank of Punjab is set to establish an Exchange Company, the bank informed the Pakistan Stock Exchange on...

FBR collection higher than target set by IMF for first quarter: Shamshad

KARACHI: Caretaker Finance Minister Dr Shamshad Akhtar shared that the tax collection target of Federal Board of Revenue (FBR) was...

Monetary policy: SBP holds interest rate at 22pc

KARACHI: The State Bank of Pakistan (SBP) Monday decided to hold the key policy rate at 22%, in line with...

Non-filers to face disconnection of mobile & electricity services after Oct 31: FBR

ISLAMABAD: Non-filers of income tax returns in Pakistan are on the brink of losing their mobile phone and electricity connections...

Quetta I&I recovers smuggled goods from Link Badani Warehouse

QUETTA: Directorate of Customs Intelligence & Investigation (I&I) has seized huge quantity of smuggled goods including betel nut, cigarettes and...

FTO asks FBR to constitute experts’ team to curb fake/flying invoices

LAHORE: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to constitute a team of sales tax/IT...

Cops lock up Customs I&I officers for stopping DSP’s non-custom paid vehicle

ISLAMABAD: Directorate of Customs intelligence and Investigation (I&I) officials and federal police came face to face when the former impounded...

Pakistan weekly inflation eases to 29.65pc