Imports from China, South Korea: Customs’ values on woven, non-woven material enhanced ISLAMABAD: The Directorate General of Customs Valuation Karachi has issued increased customs values on the import of... Updated 08 Oct, 2023 07:04pm
Print $250m RISE-II loan: Negotiations with AIIB next week likely ISLAMABAD: Pakistan and Asian Infrastructure Investment Bank (AIIB) are likely to hold negotiations for $250 million... Updated 08 Oct, 2023 07:06pm
Print Documentation of economy: Promulgation of crucial ordinance delayed ISLAMABAD: The caretaker government has delayed the promulgation of an Ordinance for the integration of data of all... Updated 07 Oct, 2023 05:40pm
Print Experts say super tax based on discrimination LAHORE: The imposition of super tax is hit by the principle of past and closed transaction, as no tax can... Updated 07 Oct, 2023 09:52am
Editorials Crackdown on smuggling EDITORIAL: The most recent scare about the economy, especially how complying with IMF conditions, inflated utility... Published 07 Oct, 2023 06:01am
Pakistan Solar panels case: Interim bail granted to accused KARACHI: The Special Judge Customs Court in Karachi has granted interim bail to the accused individuals allegedly... Published 06 Oct, 2023 03:03am
Pakistan Solar panel import scam: FBR tries to put the blame on banks ISLAMABAD: The Federal Board of Revenue (FBR) has tried to put the entire blame on banks for not checking massive... Published 06 Oct, 2023 03:03am
Print Section 138 of Income Tax Ordinance, 2001: FBR to withdraw tax recovery notices ISLAMABAD: The Federal Board of Revenue (FBR) has decided to withdraw tax recovery notices issued under Section 138... Updated 06 Oct, 2023 09:07am
Business & Finance FBR notification on adjudication powers ISLAMABAD: The Federal Board of Revenue (FBR) has empowered Collector, Collectorate of Customs (Adjudication),... Published 06 Oct, 2023 03:03am
Opinion No more business as usual—II Known solutions to our problems start with merit-based governance and justice system adhering to our Constitution.... Updated 05 Oct, 2023 06:51am
Print Afghanistan transit trade agreement: MoC allows transportation of goods already landed at Karachi ISLAMABAD: Ministry of Commerce has allowed transportation of fabrics, tyres, black tea, cosmetics, toiletries,... Updated 05 Oct, 2023 09:43am
Print ‘Washing preparation’: FBR to charge 20pc import duty ISLAMABAD: The Federal Board of Revenue (FBR) will charge 20 percent customs duty on the import of ‘washing... Updated 05 Oct, 2023 09:12am
Pakistan Orders that may affect taxpayers: SC asks FBR to gazette, display on website ISLAMABAD: The Supreme Court (SC) has ordered the Federal Board of Revenue (FBR) to gazette all notifications,... Updated 05 Oct, 2023 09:39am
Print FBR asked to probe solar panel import scam ISLAMABAD: The Senate Standing Committee on Finance directed the Federal Board of Revenue (FBR), on Wednesday, to... Updated 05 Oct, 2023 09:46am
Markets Businesses laud Pakistan govt’s measures against ‘misuse of Afghan Transit Trade’ Business bodies including the Pakistan Business Council (PBC) and the All Pakistan Textile Mills Limited (APTMA)... Updated 04 Oct, 2023 10:46pm
Business & Finance Solar panels import scam: FBR, SBP heads to brief Senate panel today ISLAMABAD: Chairman Federal Board of Revenue (FBR) and Governor State Bank of Pakistan (SBP) will brief Senate... Published 04 Oct, 2023 06:20am
Opinion No more business as usual-I It is stated that Pakistan requires a sustained GDP growth of 7-9% for 30 years, increase focus on reducing... Updated 04 Oct, 2023 06:58am
Print World Bank projects primary balance at negative 0.4pc ISLAMABAD: The World Bank has projected a primary balance for Pakistan at negative 0.4 percent (-0.4) for the... Updated 04 Oct, 2023 08:36am
Print Certain tax policies discourage investment in tradable sector: World Bank ISLAMABAD: Certain tax policies in Pakistan discourage investment in the tradable sector, and certain investment... Updated 04 Oct, 2023 09:15am
Print Customs agents, transporters: FBR seeks bank guarantees for Afghan transit goods ISLAMABAD: The Federal Board of Revenue (FBR) has directed Customs agents/ brokers and transport operators in... Updated 04 Oct, 2023 09:59am
Print Afghan transit commercial goods: FBR slaps 10pc processing fee on 5 categories ISLAMABAD: The Federal Board of Revenue (FBR) has imposed 10 percent processing fee on five major categories of... Updated 04 Oct, 2023 09:04am
Print ‘FPA, QTA in power bills’: SC issues notices to AGP, respondents ISLAMABAD: The Supreme Court issued notice to the Attorney General for Pakistan (AGP) and respondents in petitions... Updated 04 Oct, 2023 08:34am
Editorials Milking the system for what it is worth EDITORIAL: During a press briefing in Washington DC, Julie Kozack, Director of Communications International Monetary... Published 04 Oct, 2023 06:20am
Business & Finance ‘Customs denying exemption to importers of HEVs’ LAHORE: Customs authorities are allegedly denying exemption to the importers of Hybrid Electric Vehicles (HEVs) ... Published 04 Oct, 2023 06:20am
Business & Finance Afghan transit: 25pc of total consignments to be picked for scanning: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has decided to select 25 percent of the total consignments of Afghan... Published 04 Oct, 2023 06:20am
Editorials Caretakers’ approach to economic impasse EDITORIAL: The Caretaker government’s discernible approach to dealing with the economic impasse is twofold: ... Published 03 Oct, 2023 06:02am
Opinion Improving tax compliance The caretaker government has set up a tax reforms taskforce to come up with recommendations to close the ‘tax... Published 03 Oct, 2023 06:02am
Opinion We need a ‘Charter of Society’ Lately, there has been an extensive talk about various charters of sorts - the Charter of Democracy, the Charter of... Published 03 Oct, 2023 06:02am
Business & Finance Insurance industry paid Rs34.3bn against taxes, duties in 2022 ISLAMABAD: The insurance industry has paid taxes/duties of Rs34.3 billion to the exchequer during 2022 including... Updated 03 Oct, 2023 08:43am
Pakistan Violation of order: IHC summons Member Legal FBR ISLAMABAD: Islamabad High Court (IHC) has summoned Member (Legal) Federal Board of Revenue (FBR) to appear in person... Published 02 Oct, 2023 06:33am