SSGC seeks Rs84.3/mmbtu price hike
KARACHI: Sui Southern Gas Company Limited has filed a petition before the Oil & Gas Regulatory Authority (OGRA) for review of its estimated revenue requirement/prescribed prices for FY2018-19. It may…
1,060 new companies registered in November 2018
ISLAMABAD: In November 2018, the Securities and Exchange Commission of Pakistan (SECP) registered 1,060 new companies. Ascompared to the corresponding month of last financial year, it represents a growth of…
Chances of Pakistan getting IMF bailout by January 15 appear slim
KARACHI: Pakistan’s desire to get an IMF bailout package approved by January 15 may not be fulfilled as the global monetary body wants Islamabad to adopt steeper measures to address…
KATI and PCSIR agrees to form corporate advisory council
KARACHI: Korangi Association of Trade & Industry (KATI) and Pakistan Council of Scientific & Industrial Research (PCSIR) have agreed on the formation of a Corporate Advisory Council. According to details…
FPCCI demands simplified sales tax regime
ISLAMABAD: Federation of Pakistan Chambers of Commerce & Industry (FPCCI)’s presidential candidate Engr. Daroo Khan Achakzai on Thursday said interest rate hike and devaluation has created problems for the masses…
Customs notifies values of mobile devices for the purpose of duty/tax assessment
By Mashhud KARACHI: Directorate of Customs Valuation Karachi has notified the Customs values of mobile phone devices for the purpose of assessment of duty and taxes though a Valuation Advice.…
Pakistan’s forex reserves drop to $13.99 billion
KARACHI: Pakistan’s foreign exchange reserves fell nearly four percent to $13.996 billion during the week ended November 30, the central bank said on Thursday. Total liquid foreign exchange reserves held…
SHC refers valuation case to Collector appeals, allows provisional release of granite from China
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan disposed of a petition filed by Messers Front Line Enterprises…
Customs Intelligence detains 106 tons of white oil
By Mashhud KARACHI: The Customs Intelligence Field Intelligence Unit (FIU) has seized 106 tons of white oil (white spirit) from two separate container trailers on suspicion of being smuggled. A…
Smuggled goods worth Rs145 million seized
By Mashhud KARACHI: Directorate of Intelligence and Investigation Field Intelligence Unit Sadiqabad made seized various goods worth Rs145 million in several operations during the last 10 days. During last 10…
MCC Quetta raids showrooms housing smuggled vehicles
By Mashhud KARACHI: MCC Quetta has launched a fresh crackdown against non-duty-paid vehicles and recovered dozens of smuggled vehicles. On the directives of Federal Tax Ombudsman (FTO) MCC Quetta launched…
Minister assures construction industry of government support
ISLAMABAD: Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has underlined that the PTI-led Government is undertaking various measures to provide conducive and friendly environment to local industries…
Public Expenditure and Financial Accountability launched
ISLAMABAD: Public Expenditure and Financial Accountability (PEFA) launched here on Thursday as a tool for assessing the status of public financial management, Press Information Department said. Kamran Ali Afzal, Additional…