‘Disallowing TA/DA’: LTO Lahore officials approach LHC ISLAMABAD: The Inland Revenue Audit Officers/ Assistant Directors (Audit) of Large Taxpayer Office Lahore have... Updated 13 Mar, 2024 08:51am
Business & Finance Sugar mills evading tax to face crackdown ISLAMABAD: The caretaker government has decided to start crackdown on sugar mills involved in tax evasion, well... Published 01 Feb, 2024 04:52am
Print Plugging revenue leakages: LTO deploys officers at Sindh sugar mills KARACHI: The Large Taxpayers Office (LTO) has again deployed its officers at sugar mills in Sindh to monitor... Updated 24 Jan, 2024 10:00am
Print PSMA concerned at ‘unsustainable’ production costs LAHORE: Sugar millers have claimed that production and sale of sugar below its costs of production has become... Updated 08 Dec, 2023 10:04am
Business & Finance CCP issues show-cause notices to eight sugar mills LAHORE: The Cane Commissioner Punjab Abdul Rauf has issued show cause notices under the Punjab Sugar Factories... Published 02 Dec, 2023 05:09am
Business & Finance Sugar mills: FBR monitoring teams deputed ISLAMABAD: The monitoring teams of the Federal Board of Revenue’s (FBR) field formations have been deputed on sugar... Published 30 Nov, 2023 04:53am
Print FBR gets data of unregistered sugar buyers ISLAMABAD: The Federal Board of Revenue (FBR) has obtained data of unregistered buyers of sugar from Sales Tax... Updated 29 Nov, 2023 08:53am
Pakistan Fighting cartelism: CCP brings enforcement, policy actions under focus ISLAMABAD: The Competition Commission of Pakistan (CCP) is diligently focusing on enforcement and policy actions,... Published 24 Oct, 2023 05:05am
Pakistan Post-arrest bail to four co-suspects of Parvez Elahi granted LAHORE: A special court for Anti-Corruption (ATC) on Saturday granted post-arrest bail to four co-suspects of former... Published 24 Sep, 2023 03:21am
Editorials The complicated truth about sugar EDITORIAL: Finally, the story of long simmering tensions between the Punjab government and sugar mills has a happy... Published 19 Sep, 2023 06:31am
Business & Finance Sugar mills: LCCI urges govt to re-introduce track- and-trace system LAHORE: Welcoming the steps being taken by the government to discourage the smuggling of sugar, the Progressive ... Published 11 Sep, 2023 06:32am
Pakistan Ex-mill price of sugar: Punjab govt moves LHC for withdrawal of stay order LAHORE: The caretaker government of Punjab has filed an application before the Lahore High Court praying to withdraw... Published 10 Sep, 2023 03:20am
Business & Finance CCP says strictly monitoring ongoing sugar situation ISLAMABAD: The Competition Commission of Pakistan (CCP) is strictly monitoring the ongoing sugar “crisis” in the... Updated 08 Sep, 2023 09:20am
Business & Finance Sugar mills directed to lift stocks within 3 days LAHORE: The Cane Commissioner Punjab termed unprecedented increase in sugar prices a result of the trading of stocks... Published 01 Aug, 2023 06:19am
Business & Finance Rising sugar prices: Confectionary, bakery & snacks manufacturing sector may face closure LAHORE: Confectionary, bakery and snacks manufacturing sector expressing concern over Rs45 per kilograms increase in... Published 21 Jul, 2023 06:38am
Print Installation of automated track-and-trace system: FBR encountering compatibility issues at sugar mills ISLAMABAD: The Federal Board of Revenue (FBR) is facing compatibility issues during the installation of an automated... Updated 09 Apr, 2023 11:00am
Print Cigarette factories: PM orders installation of track-and-trace system ISLAMABAD: Prime Minister Shehbaz Sharif has directed installation of the track and trace system in all cigarette... Updated 05 Apr, 2023 08:50am
Business & Finance Rs29.3bn ‘default’: notices issued to 27 sugar mills in Punjab LAHORE: The Cane Commissioner Punjab taking action against the sugar mills that have not timely paid dues to... Published 11 Mar, 2023 03:16am
Markets Over two dozen sugar mills close early in India’s Maharashtra state MUMBAI: More than two dozen mills in India’s top sugar producing state of Maharashtra had stopped cane crushing by... Published 02 Mar, 2023 03:18pm
Business & Finance Philippines envoy says her country could become potential sugar market FAISALABAD: The Philippines may become a potential sugar market for Pakistan, said Her Excellency Madam Dan Erwin C.... Published 02 Mar, 2023 06:23am
Opinion Great hamam and the ‘naked’ elite A journalist’s job is to ask questions, not give answers, said the late great foreign correspondent Robert Fisk.... Published 23 Feb, 2023 05:52am
Print IR officials deputed at 33 sugar mills in Punjab ISLAMABAD: After certain instances of misuse of the track-and-trace system, the Federal Board of Revenue (FBR) has... Updated 07 Feb, 2023 08:45am
Print SBP issues mechanism for quota-based sugar export ISLAMABAD: The State Bank of Pakistan (SBP) has issued instructions to the Authorised Dealers (ADs) for export of... Updated 31 Jan, 2023 09:01am
Markets Indian sugar mills to close early as rain hits cane supply MUMBAI: Sugar mills in India’s top producing state Maharashtra are set to stop cane crushing 45 to 60 days earlier... Published 29 Jan, 2023 03:15am
Pakistan FBR chief asks CCIRs to meet revenue targets KARACHI: Asim Ahmed, Chairman Federal Board of Revenue (FBR) on Saturday held a meeting with Chief Commissioners of... Published 22 Jan, 2023 03:08am
Print SBP announces sugar export mechanism Makes it mandatory for sugar mills to bring sugar export proceeds into Pakistan within 60 days of the opening of Letter of Credit (LC) Updated 22 Jan, 2023 10:16am
Business & Finance Poor monitoring of TTS: FBR suspends supervisory staff at sugar mills ISLAMABAD: The Federal Board of Revenue (FBR) has suspended the supervisory staff deputed for monitoring at the ... Published 21 Jan, 2023 07:31am
Print Sales tax calculation: Not fixing minimum value of sugar to affect FBR revenue ISLAMABAD: The Federal Board of Revenue (FBR)’s decision of not fixing the minimum value on the supply of sugar ... Updated 21 Jan, 2023 08:52am
Business & Finance Ongoing crushing season in Punjab: Sugar mills have bought sugar cane worth Rs158bn LAHORE: Sugar mills of the province have so far purchased sugarcane worth Rs 158 billion during the ongoing crushing... Published 19 Jan, 2023 05:58am
Print Mills to get quotas for sugar export on basis of installed capacity ISLAMABAD: The government is to allocate sugar quota to mills for exports on the basis of their installed capacity... Updated 13 Jan, 2023 08:49am