Pakistan Revenue
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has lambasted shipping companies and terminal operators for their non-cooperative behavior in trade facilitation, a statement said on Monday.
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KARACHI: The stock market fell by 331 points on Monday owing to political noise after the All Parties Conference (APC). The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 42,174 points from last Friday’s closing of 42,505 points, showing a decline of 331 points. Analysts at Topline Securities said that the bears took […]
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KARACHI: State Bank of Pakistan (SBP) on Monday decided to keep the key policy rate unchanged at 7 percent for next two months. The decision was taken after the committee of monetary policy considered economic condition in the wake of adverse impact of coronavirus. The SBP brought down the policy rate by 625 basis points […]
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KARACHI: The Pak Rupee ended down by 47 paisas against dollar on Monday owing to higher demand for import and corporate payments, dealers said. The rupee ended Rs166.30 to the dollar from last Friday’s closing of Rs165.83 in interbank foreign exchange market. Currency dealers said that the demand for dollar was remained higher as the […]
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ISLAMABAD: The Federal Board of Revenue (FBR) has published a comprehensive directory detailing the tax contributions of major cities across Pakistan for the tax year 2018 contributing above Rs1 billion. This directory provides valuable insights into the fiscal landscape of the country, highlighting the significant contributions made by urban centers to the national exchequer.
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KARACHI: The import of motor cars has increased by 180 percent during first two months of current fiscal year due to normalization of life after lifting of corona lockdown. The import of motor cars was at $26.53 million during July – August 2020 as compared with $9.46 million in the corresponding period of the last […]
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KARACHI: The country has imported mobile phones worth Rs51.24 billion during first two months of current fiscal year due to rising digital services in the wake of coronavirus pandemic. The import of mobile phone grew by 98 percent to Rs51.24 billion during July – August 2020 as compared with Rs25.9 billion in the same period […]
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KARACHI: Textile exports have fallen by one percent to $2.28 billion during first two months of current fiscal year as compared with $2.3 billion in the corresponding period of the last fiscal year, according to data released by Pakistan Bureau of Statistics (PBS). Major component of textile exports have witnessed growth during the period. The […]
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The Federal Board of Revenue (FBR) has revealed that a staggering 71 percent of corporate return-filing entities declared annual income of less than Rs500,000 for tax year 2018. This alarming figure points to a serious compliance and revenue generation gap within Pakistan’s corporate sector.
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KARACHI: Iran is ready for barter trade with Pakistan to strengthen the economic ties between the two neighboring countries. Iranian Consul General Reza Nazeri has stressed the need for strengthening trade ties between two neighboring countries, saying Iran is ready for barter trade and it will export petrochemical, steel and LPG to Pakistan while importing […]
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