FBR increases tax on imported goods  

The Federal Board of Revenue (FBR) on Wednesday increased the regulatory duty imposed on imported goods. According to sources, some of the imported...

CPPA seeks 44 paisa per unit hike in power price  

ISLAMABAD: The Central Power Purchasing Agency (CPPA) has sought from National Electric Power Regulatory Authority (NEPRA) to approve Rs0.44 per unit power tariff...

Finance Division implements e-office programme, digitises records

ISLAMABAD: In order to ensure efficiency and improved performance by officers at all levels, Finance Division has implemented e-office programme in line with...

Govt to start contamination-free cotton campaign

ISLAMABAD: The government has decided to start a contamination-free cotton campaign in order to improve the standard of cotton. Advisor to Prime Minister on...

FBR, UK’s revenue agency sign MoU to strengthen Pakistan’s tax system

ISLAMABAD: The Federal Board of Revenue (FBR) and the United Kingdom’s Her Majesty’s Revenue and Customs (HMRC) on Wednesday signed a Memorandum of...

‘Devaluation of rupee, increase in crude prices behind rising inflation’  

Finance Ministry asks provinces to monitor prices, discourage hoarding and extend weekly bazaars ISLAMABAD: With a record devaluation in the local currency, increase...

PSX expects good days ahead under current regime

Chairman briefs National Defence University officers on Pakistan’s economy and the working of PSX KARACHI: Pakistan Stock Exchange (PSX) Chairman of the Board...

CDWP approves five projects worth Rs141.93bn

ISLAMABAD: The Central Development Working Party (CDWP) on Wednesday approved five projects, worth Rs141.93 billion, and referred two projects, worth Rs140.96 billion, to...

FBR increases regulatory duty on 570 imported items by 5 to 10pc

ISLAMABAD: The Federal Board of Revenue (FBR) has increased the regulatory duty (RD) by 5 to 10 per cent on the import of...

Austrian envoy assures cooperation in clean energy development

ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Tuesday appreciated the Austrian cooperation in different hydroelectric and energy projects across Pakistan. The...

Govt withdraws FED on cigarettes

ISLAMABAD: The government within a month has taken back its notification regarding the enhancement of federal excise duty (FED) on the tobacco industry. The...

ECC defers power tariff hike, approves subsidised gas supply for export industries

RLNG supply to five export-oriented sectors to cost taxpayers Rs63.5bn despite having no budgetary allocations Info minister says power sector subsidies...

Govt to formulate standards for auto industry under CCP guidelines

CCP had suggested govt to create an independent and empowered national vehicle standard and safety authority ISLAMABAD: In order to streamline the auto...

PM assures to fulfill pledges made with business community

ISLAMABAD: Prime Minister Imran Khan on Tuesday said contrary to the policies of the previous governments, the present government would ensure the fulfillment...

Govt prepares summary for hike in electricity tariff

Price per unit is expected to rise to Rs3.75 ISLAMABAD: The federal government has prepared a summary regarding a hike in power...