Javed Ghani assumes charge as 30th FBR chairman

ISLAMABAD: Muhammad Javed Ghani, a BS-22 officer of Pakistan Customs Service, has assumed the charge as regular chairman of Federal Board of Revenue (FBR) after serving on the same post as additional... Read more »

ECC approves removal of additional customs duty on 152 tariff lines

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved removal of additional customs duty at 2 percent on import of raw material of 152 tariff lines. Dr. Abdul Hafeez... Read more »

Chief Commissioners to appoint officials of BS-1 to BS-15 in field offices

ISLAMABAD: Federal Board of Revenue (FBR) has authorized Chief Commissioners of Inland Revenue to appoint officials of BS-1 to BS-15 in field offices, sources said on Wednesday. According to the sources the... Read more »

Stock market gains 503 points on buying activity

KARACHI: The stock market gained 503 points on Wednesday amid buying was witnessed across the board. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 45,153 points as against 44,650... Read more »

Rupee recovers four paisas against dollar

KARACHI: The Pak Rupee recovered four paisas against the dollar on Wednesday owing to improved supply of the foreign currency to meet demand for import and corporate payments. The local unit recovered... Read more »

SBP recommends increasing retirement age to reduce fiscal burden

KARACHI: State Bank of Pakistan (SBP) has recommended increase in retirement age in order to reduce average coverage period of retirement benefits. “The increase in level of standard pension age may reduce... Read more »

Pension expenditure becoming unsustainable: SBP report

KARACHI: State Bank of Pakistan (SBP) on Tuesday said that public pension expenditure in Pakistan is on the path to becoming unsustainable. The central bank prepared a study report on rising expenditures... Read more »