FBR withdraws additional customs duty on various imported raw materials

ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn additional customs duty on various imported raw materials. Read more »

ECC approves Rs5.6 billion additional guarantees to operationalize grounded PIA planes

ISLAMABAD: The Economic Coordination Committee of (ECC) the Cabinet on Tuesday approved additional guarantees to Pakistan International Airlines Company Limited (PIACL) of Rs 5.6 billion for repair and maintenance of engines and... Read more »

Port Qasim Authority praised for successful handling LNG ships

ISLAMABAD: Federal Minister for Maritime Affairs Syed Ali Haider Zaidi on Tuesday appreciated the Port Qasim Authority for strategically handling the docking of the LNG ships at berths. A statement said that... Read more »

Production activities halt on gas shortage: FPCCI

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said that manufacturing activities have been halted due to gas shortage in the country. Read more »

KSE-100 index gains 270 points amid selling pressure

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) gained 270 points on Tuesday amid selling pressure in blue chip scrips. Read more »

Rupee gains two paisas amid foreign inflow hopes

KARACHI: Pak Rupee gained two paisas against US dollar on Tuesday as market anticipated foreign inflows. Read more »

CDC launches electronic voting service for companies

KARACHI: Central Depository Company (CDC) of Pakistan has launched electronic voting service for shareholders of companies to elect directors in a paperless regime. Read more »

FBR notifies elimination, reduction of regulatory duties on several raw materials; issues SRO

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday notified elimination and reduction of regulatory duties on import of various raw materials used by manufacturing sector. Read more »

Rupee recovers against dollar in early trading

KARACHI: The Pak Rupee recovered six paisas against US dollar in early trading on Tuesday, dealers said. Read more »

Registration of companies crosses 95,000: SECP

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has said that total registration of corporate registration has crossed over 95,000 units following 1,317 new registrations in January 2019. Read more »

Income Tax Ordinance 2001: requirement of filing annual return

KARACHI: Federal Board of Revenue (FBR) has explained requirement of filing income tax returns by persons and corporate entities. Read more »

FBR withdraws penalty on seven customs officials

ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn imposition of penalty on seven customs officials, according to notification issued on Monday. Read more »