Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Monday lauded Finance…
KARACHI: The Federal Board of Revenue (FBR) has been authorized to notify the valuations of the properties throughout the country including Karachi, Lahore and Islamabad, said Ishaq Dar, Federal Finance…
KARACHI: The State Bank of Pakistan (SBP) decided to maintain the policy rate unchanged at 5.75 per cent in new monetary policy announced for next two months. “Pakistan economy posted…
KARACHI: Finance minister Ishaq Dar will announce the decision of property valuation issue on Saturday evening, it is learnt. Haroon Akhtar, advisor to the Prime Minister is having separate meetings…
KARACHI: Pakistan International Airlines (PIA) has formalized wet leasing of three A-330 aircraft from Sri- Lankan Airlines at a ceremony held in Colombo on Friday. Chief Executive Officer (CEO), Bernd…
KARACHI: The government has further increased the custom duty on cotton import from 2 per cent to 3 per cent, while the industry has to pay a total 4 per…
KARACHI: Federal Board of Revenue (FBR) on Thursday said that about eight amendments have been introduced to Income Tax Ordinance, 2001 through Finance Act, 2016 regarding taxation of immovable properties…
KARACHI: The meeting of the 13-members committee of Builders and Developers with Haroon Akhtar Khan, advisor to the Prime Minister and member policy Federal Board of Revenue (FBR) was held…
KARACHI: The Federal Board of Revenue (FBR’s) likely initiative to introduce tax stamps on cigarette packs and other goods would not only help tightening noose around the unbridled non-tax paid…
KARACHI: Pak Suzuki Motor Company (PSMC) Thursday announced its profits of Rs 488 million declining by 5 per cent in April-June 2016 because of higher tax expenses and super tax.…
KARACHI: The meeting of Finance Minister Ishaq Dar and Advisor to the Prime Minister Haroon Akhtar with 13-members committee of the builders and developers has been postponed till tomorrow (Thursday)…
KARACHI: Agha Steel Industries-Pakistan and Danieli–Italy have signed a contract for the Meltshop Enhancement Project, the project includes complete reconstruction of the Electric Arc Furnace (EAF) and a new Fume…
KARACHI: Despite the higher taxes and lowest discount rates, the UBL bank announced its consolidated earnings of Rs 6.9 billion in second quarter 2016, up 27 per cent year-on-year against…
KARACHI: The Competition Commission of Pakistan (CCP) has issued an order disposing off Show Cause Notices issued to three undertakings for violation of Section 10 of the Competition Act, 2010,…
KARACHI: OICCI members have appreciated the improving law and order situation especially in Karachi and maintained a positive perception in the annual OICCI members Security survey conducted by the Chamber…
KARACHI: The federal government through their high officials of Federal Board of Revenue (FBR) has directed to Regional Tax Officers (RTOs) in all mega cities of the country to collect…
KARACHI: The Federal Board of Revenue (FBR) has changed the names of Regional Tax Office of Karachi and Lahore, an FBR official said. In this connection, the FBR has issued…
KARACHI: The Pakistan has achieved GDP growth by 4.45 per cent in 2015-16 against its target of 5-6 per cent despite slow exports and bad cotton crops in last fiscal…
KARACHI: The Competition Commission of Pakistan (CCP) has issued a show cause notice to JCR-VIS Credit Rating Company for prima facie predatory pricing in the bidding for rating assignment of…
KARACHI: Adviser to the Prime Minister, Haroon Akhtar has assured the Association of Builders and Developers of Pakistan (ABAD) for resolving the valuers of the State Bank of Pakistan in…