ENGRO announces strong results for 1st Quarter 2024
Engro Corporation’s revenue from continued operations grew by 45% to PKR 104.3 bn versus PKR 72.1 bn in 2023, as per Q1 results announced on PSX. Consolidated PAT of Q1…
Customs collected Rs 60 billion in revenue from Balochistan in the last 6 months
Quetta: Chief Collector Customs Balochistan Abdul Qadir Memon said that the Customs Collectorate has collected approximately Rs 60 billion in revenue from Balochistan in the last 6 months of the…
Caretaker Minister of Finance, Revenue and Planning and Development Sindh Mohammad Younus Dagha talking to journalists who came for a meeting in his office
KARACHI: The Caretaker Sindh Minister of Finance, Revenue and Planning and Development, Sindh Muhammad Younus Dagha on Monday said that the caretaker government will provide assistance to the victims of…
PCA Karachi detects revenue evasion of Rs2.12 billion on import of dyestuff
KARACHI: Directorate of Post Clearance Audit (South), Karachi has detected Rs2.12 billion of short-recovery of duty/taxes on the import of dyestuff by 15 importers. On the directives of Director General…
FPCCI concerned over limiting release of income tax refunds
KARACHI: President Federation of Pakistan Chambers of Commerce and Industry FPCCI Mian Anujm Nisar President expressed serious concern over limiting the release of income tax refunds to Rs.5 million by…
Government collects Rs205bn revenue on oil and gas products despite production/import decline
ISLAMABAD: The government is estimated to have collected almost 43.7 per cent higher revenue on key oil and gas products during the first half of this fiscal year than the…
Pakistan expecting Rs1 trillion non-tax revenue in the coming year
KARACHI: Adviser to the Prime Minister on Finance Dr. Hafeez Shaikh has said that the government is expecting to see more than Rs1.0 trillion in non-tax revenue in the coming…
Rs 5.93 trillion budget presented, defence gets major chunk Full term budget presented by un-elected Finance Minister
ISLAMABAD: The outgoing PML-N government’s newly appointed Finance Minister Miftah Ismail presented a sixth full-term budget in the National Assembly Friday amid a raucous protest staged by opposition leaders calling…
Internal Audit points short-realization of revenue by MCC Gwadar
KARACHI: The Directorate of Internal Audit – Customs has made an observation that MCC Gwadar short-realized an amount of Rs53.102 million from ship breakers during 2014-15. The Audit Team comprising…