Latest News

Banking: a channel the public isn’t using as much

PAR Sep 4, 2015 0

KARACHI:Has the withholding tax on banking transactions encouraged ordinary people to reduce the use of banking channels in everyday life? The truth s...

Etisalat CEO meets Dar

PAR Sep 4, 2015 0

A three-member delegation of the Etisalat group led by its CEO, Ahmad A. K. Julfar, had a meeting with the Finance Minister, Senator Mohammad Ishaq Da...

SBP forms unit to check discriminatory practices

PAR Sep 4, 2015 0

KARACHI: The State Bank has advised banks and development finance institutions (DFIs) not to discriminate against politically exposed persons (PEPs) a...

FBR to investigate source of income of billionaires in Pakistan

PAR Sep 4, 2015 0

Lahore: Federal Board of Revenue (FBR), starts action against ‘big guns’and wants to investigate that how they become billionaires in very short perio...

Excise completes its property tax survey, issues notices to 129 defaulters

PAR Sep 4, 2015 0

Karachi: The Excise and Taxation Department has completed its survey in West District, after which owners of a number of residential and commercial bu...

Freight forwarders, air cargo agents continue strike against 8% tax on turnover

PAR Sep 4, 2015 0

Karachi: The freight forwarders and air cargo agents continued their strike for the second consecutive day against 8 percent tax on turnover, which le...

Govt constitutes committee on service tax

PAR Sep 4, 2015 0

Islamabad: Federal Minister for Finance Mohammad Ishaq Dar chaired a meeting to discuss important matters related to levy of 8% minimum tax on service...

Sialkot Customs collects Rs 19.8m as customs duty in eight month

PAR Sep 4, 2015 0

Sialkot: The Model Customs Collectorate Sialkot has collected Rs 19.82 in terms of customs duty in eight months starting from January 2015 and ending...

Director Asif’s intelligence detects 38 smuggling cases of Rs 858m in first two months of FY2015-16

PAR Sep 4, 2015 0

Karachi: The Directorate of Investigation and Intelligence, Customs Anti-Smuggling after bifurcation has detected 38 cases of smuggling involving Rs 8...

Pakistan Weather Forecast Updates 3rd September 2015

PAR Sep 4, 2015 0

3rd September 2015 - 3:42 PM پشاور میں شدید بارش اور طوفان سے پانچ افراد ہلاک، 30 سے زائد زخمی صوبہ خیبر پختونخوا کے دارالحکومت پشاور میں طوفانی بارش...

Faisalabad Customs Intelligence holds consignment of fabric worth Rs 4.7m

PAR Sep 3, 2015 0

Faisalabad: The Customs Investigation and Intelligence has seized a consignment of 16,270 kilogram of fabric worth Rs 4.71 million following the charg...

KSE maintains upward momentum; 100-index adds 243pts

PAR Sep 3, 2015 0

Karachi: The Karachi Stock Exchange benchmark 100-index added 243.18 points to take the tally to 34552.94 points level till midday on Thursday. The st...

FBR issues alert for taxpayers on bogus emails

PAR Sep 3, 2015 0

Islamabad: Federal Board of Revenue (FBR) Thursday asked the taxpayers to ignore emails being sent to them through a bogus email address. Shahid Hussa...

Pakistan moves to pacify lenders, wants $1b loan

PAR Sep 3, 2015 0

ISLAMABAD:Pakistan and a trio of international lenders are slowly looking to bridge a trust deficit after both sides softened their positions, which m...

Govt to borrow Rs 1.5trillion in Sept-Nov

PAR Sep 3, 2015 0

KARACHI: The government plans to borrow Rs1.5 trillion in three months (Sept-Nov) through the sale of Market Treasury Bills (T-bills) and Pakistan Inv...