Pakistan, China discuss bilateral economic, trade ties
BEIJING: Pakistan Prime Minister Imran Khan held wide-ranging talks with Li Keqiang, Premier of the State Council of the People’s Republic of China on Saturday.
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Author: Mrs. Anjum Shahnawaz
Customs I&I Multan to auction vehicles on February 09
ISLAMABAD: The Directorate of Intelligence and Investigation (I&I)- Customs, Multan has announced auction of confiscated vehicles to be held on February 09, 2022. The directorate will offer following vehicles for the auction: READ MORE: FBR exempts customs, regulatory duty on Afghan goods 01. Toyota Vitz Car, Model 1999, Registration No. BFA-394/Sindh, Chassis No. SCP10-0028617 02. […]
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President Alvi rejects FBR plea in maladministration cases
ISLAMABAD: The President of Pakistan, Dr. Arif Alvi has rejected the plea of the Federal Board of Revenue (FBR) in maladministration cases. President Arif Alvi while upholding the decisions of Federal Tax Ombudsman regarding maladministration of FBR officials in processing refund cases has directed the FBR to implement FTO ‘s recommendations. READ MORE: Dr. Alvi […]
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FBR issues list of 1,358 retailers for mandatory POS
ISLAMABAD: The Federal Board of Revenue (FBR) has notified a list of 1,358 retailers for mandatory installation of Point of Sale (POS) and integrate the same with the tax system. The FBR on Friday issued the list of 1,358 retailers by notifying Sales Tax General Order (STGO) No. 9 of 2022 dated February 04, 2022. […]
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PM Imran invites Chinese companies to invest in Pakistan
BEIJING (China): Prime Minister Imran Khan on Friday invited Chinese companies to invest in Pakistan and take benefit from the business-friendly policies of the government. The prime minister, who held a series of meetings with the executives of Chinese State-owned and private corporate sectors, said Pakistan was offering conducive environment for investment in Special Economic […]
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FBR invites Sales Tax proposals for budget 2022/2023
In preparation for the upcoming fiscal year’s budget, the Federal Board of Revenue (FBR) has issued a call for sales tax and federal excise duty (FED) proposals.
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Saudi oil facility for Pakistan to start soon
ISLAMABAD: Saudi Arabia to operationalize soon the oil facility to Pakistan, it was agreed at a meeting on Thursday. Ambassador of the Kingdom of Saudi Arabia in Islamabad Nawaf bin Saeed Al-Malkiy called on the Federal Minister for Economic Affairs Omar Ayub Khan in his office on Thursday. READ MORE: KSA extends oil on deferred […]
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Prime Minister Imran kicks off visit to China
ISLAMABAD: Prime Minister Imran Khan on Thursday kicked off a four-day visit to China. Prime Minister Imran will attend the ceremony of Winter Olympics and meet the Chinese leadership. The prime minister’s delegation included Foreign Minister Shah Mahmood Qureshi, Finance Minister Shaukat Tarin, Planning Minister Asad Umar, Information Minister Chaudhry Fawad Hussain, National Security Adviser […]
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IMF board approves $1.059 billion tranche for Pakistan
ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) on Wednesday approved sixth tranche under $6 billion Extended Fund Facility (EFF) for Pakistan. Finance Minister Shaukat Tarin announced this in a Tweet. “I am pleased to announce that IMF Board has approved 6th tranche of their program for Pakistan.” Pakistan will get around $1.059 […]
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Pakistan’s trade deficit widens by 92% in seven months
ISLAMABAD: Pakistan’s trade deficit has widened by 92 per cent during first seven months (July – January) of fiscal year 2021/2022, official statistics revealed on Wednesday. The trade deficit ballooned to $28.8 billion during the first seven months of the current fiscal year as compared with $15 billion in the corresponding months of the last […]
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