Latest News

‘Water storage holds potential to fetch $1bln from agriculture sector’

PAR May 23, 2018 0

Investment in water storage and course maintenance is estimated to generate one billion dollars from a million acre-feet of agriculture land in Pakist...

Customs Court approves interim pre-arrest bail of accused involved in betel nuts smuggling

PAR May 23, 2018 0

The Customs Court Judge Syed Faiz Rasool Rashdi on Monday granted interim pre-arrest bail to suspect namely Tahir Ali alias Wahid son of Ali against t...

Finance ministry recommends imposition of penalty on non-, late filers

PAR May 23, 2018 0

Ministry of Finance has identified internal control weaknesses in Federal Board of Revenue (FBR) and emphasized to ensure imposition of penalty on non...

Wheat Purchase Continues Across Mianwali District

PAR May 23, 2018 0

The wheat purchase process is continuing without any delay or discrimination at all centres, established across district according to the approved lis...

Pakistan Market Price Bulletin, May 2018

PAR May 23, 2018 0

In April 2018, the prices of wheat and wheat flour decreased by 2.4% each over March 2018; the price of rice Irri-6 increased by 2%, while the price o...

Shorter, hotter, earlier: Shrinking spring slashes Pakistani harvests

PAR May 23, 2018 0

MARDAN, Pakistan (Thomson Reuters Foundation) - Adil Khan’s hopes for a good harvest are fading again this year as he inspects his orchard of apricot...

Sindh getting 50pc less water as against last year’s supplies

PAR May 22, 2018 0

Sindh is getting 50pc less water than what it received during the corresponding period last year at Guddu barrage upstream, the first barrage on Indus...

FBR submits report of taxes on mobile phone users in Supreme Court

PAR May 22, 2018 0

Federal Board of Revenue (FBR) submitted reply in Supreme Court of Pakistan on taxes on mobile users. According to details, Supreme Court of Pakistan...

FPCCI identifies problems being faced by textile sector

PAR May 22, 2018 0

Research and Development Department of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has identified various problems being faced by...

Textile export grows 12.07 percent in April

PAR May 22, 2018 0

Exports of textile sector posted a growth of 12.07 percent during April 2018 over the same month a year before, according to Pakistan Bureau of Statis...

No deal witnessed on cotton market

PAR May 22, 2018 0

Not a single deal was reported on the cotton market on Monday due to less buying interest by mills and spinners, dealers said. The official spot rate...

PCA detects tax evasion of Rs14.69m by two companies on Monday

PAR May 22, 2018 0

The Directorate of Customs Post Clearance Audit (PCA) detected duties and tax evasion of Rs 14.69 million by two companies M/s Y C Pak & Co and Du...

44 units of AFU causes loss of Rs5.429m to national kitty

PAR May 22, 2018 0

It is disclosed in a report by Federal Board of Revenue that 44 units of Deputy Collector Customs, AFU, Airport, Lahore failed to submit the export do...

Citizen moves SHC seeking release of fresh apples

PAR May 22, 2018 0

The Sindh High Court (SHC) issued notices to the customs department and deputy attorney general on a constitutional petition filed by Shahid Mehmood s...

Customs Court directs to arrest absconders booked in HSD Oil smuggling case

PAR May 22, 2018 0

The Customs Court Judge Syed Faiz Rasool Rashdi on Monday directed investigation officer to complete investigation and submit charge sheet against sus...