The Federal Board of Revenue (FBR) is taking steps to prevent sugar smuggling and ensure sufficient availability in the domestic market.
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Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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Shell Pakistan reports heavy loss for Q1 2023 despite increased sales
Shell Pakistan Limited has reported a loss of Rs4.76 billion for the first quarter ending March 31, 2023, according to the financial results submitted to the Pakistan Stock Exchange (PSX) on Thursday.
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Pakistan’s foreign exchange reserves inch up to $10.04 billion
According to the State Bank of Pakistan (SBP), Pakistan’s foreign exchange reserves increased to $10.043 billion by the week ending April 28, 2023, up $19 million from the previous week.
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Gold rates in Pakistan skyrocket to new heights after surge in global markets
The gold rates in Pakistan have skyrocketed to new heights on Thursday, following a massive increase in the prices of precious metal in global markets.
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Impact of regulatory duty removal on used car prices in Pakistan
The Auto Traders and Importers Association on Thursday reacted to the end of the 20% regulatory duty on used imported cars in Pakistan.
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FBR signs information sharing pacts with Sindh and Balochistan
In an effort to promote efficiency and transparency in the tax collection system, the Federal Board of Revenue (FBR) has entered into information sharing agreements with two provincial revenue boards, namely the Board of Revenue Sindh and the Board of Revenue Balochistan.
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FBR transfers high-ranking customs officials amid ongoing anti-smuggling operation
On Wednesday, the Federal Board of Revenue (FBR) transferred several high-ranking officials of the Pakistan Customs Service (PCS) to different positions as the country intensified its efforts to combat smuggling.
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FBR misses April target by big margin despite high rates of sales tax, FED
ISLAMABAD: Despite the increase in rates of sales tax and federal excise duty through a recent mini-budget, the Federal Board of Revenue (FBR) missed its tax collection target for April 2023 by over Rs100 billion.
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Pakistan petroleum sales decline by 47% in April 2023
Pakistan’s sales of petroleum products during April 2023 were recorded at 1.2 million tons, indicating a 47% YoY decrease and a 6% MoM increase.
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Government, PTI agree on simultaneous polls but disagree on general election date
On Tuesday, the coalition government led by the Leader of the House in the Senate and Federal Minister for Finance and Revenue Senator Muhammad Ishaq Dar and Pakistan Tehreek-e-Insaf (PTI)’s Shah Mehmood Qureshi agreed on holding simultaneous polls under caretaker governments across the country.
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