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BUSINESS
FBR notifies Gobd (Gwadar) as TIR border crossing point
ISLAMABAD: Pakistan became a member of TIR (International Road Transport) Convention in 2017 which has 77 contracting parties including China, Afghanistan, Iran, Turkey and all Central Asian Republics (CARs). After becoming member, Pakistan…
PC submits misleading information to NA panel on PSMC sell- off
ISLAMABAD: The Privatisation Commission (PC) on Monday submitted misleading information to National Assembly standing committee on Industries and Production that met here with MNA Sajid Hussain Turi in the chair.
The PC director…
Friends Can Have Gaps too: Pakistan Sustains $10.33 Billion Trade Deficit With China in FY20
Imports of Pakistan from China amounted to $12.06 billion while exports stood at $1.73 billion.
FBR Approaching Towards target, PM Khan Hopeful for tax Revenue
During Jul(2020)-May(2021) our collections reached Rs.4143 bn and still counting, says PM Khan
Russia To Built Gas Pipeline in Pakistan
Russian Energy Minister Nikolai Shulginov and Pakistan’s ambassador in Moscow Shafqat Ali Khan signed a protocol.
FBR : IRNE takes countrywide crackdown on illegal cigarette trade
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,…
FPCCI submits proposals to FBR for upcoming budget
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…
Hard to Earn Penny by Penny Recovery – Pakistan Aims 4% GDP Growth, Remittances $ 31 bln Next…
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.
Pakistan has made impressive strides in reducing poverty: IFC & World Bank
“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.
Mafia rules; Imran government adds Rs 150 billion to PSM losses, taking accumulative losses,…
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.…