FBR bars tax officials from entering taxpayers premises for search, audit

ISLAMABAD: Federal Board of Revenue (FBR) has barred officers of Inland Revenue from entering premises of taxpayers for search and audit purposes. Read more »

US ambassador praises Engro Elengy for fastest 250 ship-to-ship transfers

KARACHI: US Ambassador Paul W. Jones has praised Engro and Excelerate Energy to achieve incredible milestone of the world’s fastest 250 ship-to-ship transfers of LNG. Read more »

Rupee eases by four paisas on import payment demand

KARACHI: The Pak Rupee eased by 4 paisas on Monday owing to higher demand for import and corporate payments. Read more »

Stock market increases by 447 points on oil price rise expectations

KARACHI: The stock market increased by 447 points on Monday owing to hope of rise in oil prices following attack on Saudi Oil facility. Read more »

SBP keeps policy rate unchanged at 13.25 percent for next two months

KARACHI: The State Bank of Pakistan (SBP) on Monday kept the policy rate unchanged at 13.25 percent for next two months considering the present discount rate to help in reducing inflation in... Read more »

Strike on Saudi’s ARAMCO: Pakistan’s oil bill may rise

KARACHI: Analysts have said that higher oil prices as a result of drone attacks on world’s largest oil facility in Saudi Arabia’s may increase the oil import bill of Pakistan. Read more »

Determination of values for imports and exports under Customs Act

KARACHI: Federal Board of Revenue (FBR) has issued Customs Act, 1969 updated up to June 30, 2019 incorporating changes brought through Finance Act, 2019. Read more »