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FBR collects Rs 229 billion in November ISLAMABAD: The Federal Board of Revenue (FBR) has made a net collection of over Rs 229 billion in November as against the net collection of Rs 180 billion made during same month of last year, thus showing an increase of 27 percent.The target for the current month has therefore been achieved, said a statement issued by the FBR here on Monday.The statement added that it is expected that the collection would further increase when the final figures are received.The revenue collection trend during the month of November 2015 further reinforces, consolidates and even surpasses the marked improvement shown in the first month of the second quarter of the current year over the trend in the first quarter of the current financial year and augurs well for the efforts of FBR towards achievement of the assigned revenue targets.From July, 2015 to November, 2015, FBR made a net collection of over Rs ...

FPCCI, UBG seek extension in tax return filing LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and United Business Group (UBG) on Sunday urged the Federal Board of Revenue (FBR) to extend the date for filing of income tax returns till December 31, 2015. Talking to media here, the FPCCI President Mian Muhammad Idrees and UBG Chairman Iftikhar Ali Malik said that one month extension in the filing of income tax returns would largely facilitate the business community. To a question, ...
Pak, Afghan tensions can hit energy corridor initiative: FPCCI KARACHI: The FPCCI on Sunday said tensions between Pakistan and Afghanistan over provision of land route can hit bilateral trade and energy corridor projects which is not in the interest of any regional country.Pakistan has refused land route to trucks from Afghanistan to India while Kabul has declined to allow Pakistani trucks to use its land to access central Asian states, it said.Both the brotherly Islamic countries should resolve this issue amicable while keeping reservations ...
Azerbijan keen to cement trade ties LAHORE: Ambassador of Azerbaijan Dashgin Shikarov said on Saturday that Azerbaijan is keen to strengthen trade and economic ties with Pakistan and joint efforts from business community of both sides can help tap huge potential existed in both countries. He was talking to Lahore Chamber of Commerce and Industry (LCCI) President Sheikh Muhammad Arshad here at Lahore Chamber, where LCCI executive committee members were also present. The Ambassador invited the Pakistani businessmen to participate in ...
Bullion rates in Multanpp MULTAN: Following are the bullion rates received from the local markets on Saturday 28, 2015.BULLION (PER 10 GRAM)=====================GOLD TEZABI-24 CT---- 37980.00GOLD 22 CT-------------34720.00SILVER TEZABI------------617.00SILVER THOBI-------------564.00Copyright APP (Associated Press of Pakistan), 2015 ...
ICCI for focusing on high tech industry ISLAMABAD: Islamabad Chamber of Commerce and Industry here on Friday urged the government for focusing on promoting high tech industry in order to improve trade and exports.Talking to a delegation of local industrialists, President ICCI, Atif Ikram Sheikh said the current focus on manufacturing of low value products remained unsuccessful to make Pakistan a worthwhile competitor in international export market.He said that countries like South Korea, Hong Kong and Singapore have focused on high tech ...
'Wheat cultivation target to be achieved' SARGODHA: Executive District Officer (EDO) Agriculture Ramzan Khan Niazi has said hundred percent wheat cultivation target will be achieved this year as 65 percent has been achieved so far.Talking to APP on Friday, he said the wheat cultivation would be completed till December 15 for which Agri officers were paying visit to various villages to motivate farmers to complete wheat cultivation as soon as possible.The EDO said according to reports of Agri staff over 531,000 ...


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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 30, 2015
Reserves $19.828 bln