April 25, 2024

Pkrevenue.com

Pakistan Revenue

Day: December 2, 2020

ECC withdraws regulatory duty on cotton yarn import
Dec 2
Finance

ECC withdraws regulatory duty on cotton yarn import

ISLAMABAD: The Economic Coordination Committee (ECC) on Wednesday approval removal of 5 percent regulatory duty on import of cotton yarn. The Ministry of Commerce presented a proposal before the ECC regarding removal of 5 percent regulatory duty on import of cotton yarn till June 30, 2021. After detailed discussion, the chair approved the removal of […]

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SBP issues guidelines for e-commerce exporters
Dec 2
Money & Banking

SBP issues guidelines for e-commerce exporters

KARACHI: State Bank of Pakistan (SBP) on Wednesday issued guidelines for e-commerce exporters in order to promote such exports from Pakistan. The SBP said that in order to promote Business-to-Consumer (B2C) e-Commerce exports from Pakistan, State Bank of Pakistan has reviewed the aforementioned instructions to align these with the changing business dynamics of e-commerce exports. […]

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Rupee falls by 64 paisas on payment demand
Dec 2
Money & Banking

Rupee falls by 64 paisas on payment demand

KARACHI: The Pak Rupee fell by 64 paisas against the dollar on Wednesday owing to payment demand for import and corporate payments. The rupee ended 160.46 to the dollar from the previous day’s closing of Rs159.82 in the interbank foreign exchange market. Currency dealers said that the demand for import and corporate payments was higher […]

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