BUSINESS

During Jul(2020)-May(2021) our collections reached Rs.4143 bn and still counting, says PM Khan

Russian Energy Minister Nikolai Shulginov and Pakistan’s ambassador in Moscow Shafqat Ali Khan signed a protocol.

ISLAMABAD: The Federal Board of Revenue’s Inland Revenue Enforcement Network (IREN) has conducted various operations against illicit, counterfeit and non-duty paid cigarettes. According to an officual handout issued here on Saturday,…

ISLAMABAD: A delegation of Federation of Pakistan Chamber of Commerce & Industry (FPCCI) led by President, Nassar Hyatt Magoo, met with Chairman Federal Board of Revenue (FBR) Asim Ahmad here on Friday. The delegation put forth its…

Federal PSDP is likely to see a record 40% increase from Rs 650 billion to Rs 900 billion, that is almost Rs 250 billion increase. This can crowed in investment and can bring 2% of GDP growth if things go as expected.

“It is clear that Pakistan's high dependency on consumption rather than investment and exports is a major cause of its boom-busts cycle of the economy,” said Nadeem A. Siddiqui, IFC Senior Country Manager for Pakistan.

ISLAMABAD: Imran government has added another Ra 150 billion to Pakistan Steel Mills (PSM) losses through keep on protecting a powerful mafia of steel importers by ensuring huge tariff differential to make products of PSM non - competitive.…

Roosevelt Hotel in Manhattan, New York, and Scribe Hotel in Central Paris were attached to the case by the court which meant PIA could not sell the two hotels.

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a clarification on the news that Revenue Division could only spend Rs. 10,300/- on Single Window Program out of allocated Rs 200 million funding in the last ten months. FBR has…

ISLAMABAD: The Directorate of Intelligence & Investigation (IR), Lahore on receipt of credible information related to sales tax fraud carried out action under Section 38 read with Section 40 of the Sales Tax Act, 1990 against M/s.…