KARACHI: Pakistan has imported mobile phones worth $363 million during first half (July – December) of fiscal year 2022-2023 despite fact of worth foreign exchange crisis in the country.
(more…)Category: Top stories
Find top stories in this section. Pakistan Revenue brings you the latest and most important news from Pakistan and around the world, keeping you informed with key updates and insights.
-
FBR chairman issues directives to safeguard revenue, achieve targets
KARACHI: Asim Ahmed, Chairman, Federal Board of Revenue (FBR) on Saturday issued directives to tax offices to make all efforts to safeguard revenue.
(more…) -
Incompetence main reason for present Pakistan economic crisis
Incompetence is the major reason for the current economic crisis, said Muhammad Azfar Ahsan, Founder & CEO, Nutshell Group.
(more…) -
Prices of essential items shoot up by 32pc ahead monetary policy announcement
ISLAMABAD: Prices of essential items have increased by 32 per cent ahead of monetary policy announcement, which is scheduled for January 23, 2023.
(more…) -
FBR directs 92 senior Customs officers to provide PERs, asset declarations
ISLAMABAD: Federal Board of Revenue (FBR) Friday directed 92 senior officers of Pakistan Customs Service (PCS) to complete their performance report and provide asset declarations.
(more…) -
Dollar soars to PKR 229.67 on mounting import payment demand
KARACHI: The US dollar soared by 52 paisas against Pakistani Rupee (PKR) on Friday due to mounting demand for import payment.
(more…) -
Pakistan set to meet tough IMF conditions
ISLAMABAD: Pakistan is set to meet tough conditions set by the International Monetary Fund (IMF) to continue loan program under Extended Fund Facility (EFF).
(more…) -
Pakistan’s total forex reserves inch up to $10.44 billion
KARACHI: Pakistan’s total foreign exchange reserves inched up by $256 million by week ended January 13, 2023, State Bank of Pakistan (SBP) said on Thursday.
(more…) -
Demurrage, detention charges cause huge outflow of dollars: Chief Collector
KARACHI: A huge sum of dollars are going out of country because of demurrage and detention charges, said Muhammad Yaqoob Mako, Chief Collector, Customs Enforcement South, Karachi.
(more…) -
Current account deficit contracts by 60pc to $3.66 billion in 1HFY23: SBP
KARACHI: State Bank of Pakistan (SBP) on Wednesday said that current account deficit has contracted by 60 per cent to $3.66 billion in first half (July – December) of fiscal year 2022-2023.
(more…)