Maritime reforms EDITORIAL: Week after week now the maritime sector has made its case for reforms, arguing how a turnaround would... Published 27 Sep, 2024 06:38am
Business & Finance Import of ‘High Pressure Washer’ to attract zero percent customs duty ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) declared that zero percent... Published 25 Sep, 2024 08:51am
Print ‘Over-reliance on imports from China’: NA panel speaks about the challenge Standing Committee on Commerce asks Commerce Ministry to adopt successful regional trade models used by other countries Updated 24 Sep, 2024 09:27am
Print Tax collection at import stage: share in total collection reduces ISLAMABAD: The tax collection at import stage constituted 35 percent and domestic tax collection’s share was 65... Updated 23 Sep, 2024 03:24pm
BR Research Current account roundup: 2MFY25 In August, the current account posted a marginal surplus of $75 million. The deficit for the July-August period... Published 19 Sep, 2024 08:42am
Opinion Utter madness Pakistan’s economic management, particularly its treatment of export-oriented industries, is nothing short of... Published 19 Sep, 2024 06:37am
Pakistan Pakistan’s current account posts surplus of $75mn in August 2024 Development comes on back of massive increase in remittance inflows Updated 18 Sep, 2024 10:31pm
Markets Jul-Aug petroleum group’s imports witness 22.73pc growth ISLAMABAD: Petroleum group imports witnessed 22.73 percent growth during the first two months (July-August) of the... Published 17 Sep, 2024 06:33am
Markets China imports record 12.14m tons of soybeans in August BEIJING: China brought in a record 12.14 million metric tons of soybeans in August, as traders stock up on the back... Published 11 Sep, 2024 06:31am
Business & Finance ‘Revenue drop is due to economic slowdown, less imports’ KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan and the President of Pakistan... Published 11 Sep, 2024 06:31am
Print NLC ready to help boost imports thru Gwadar Port ISLAMABAD: The government has decided to start 50 percent public sector imports from Gwadar Port destined for... Updated 11 Sep, 2024 08:53am
Business & Finance Pakistan’s trade deficit shrinks marginally to $3.6bn in 2MFY25 Pakistan’s trade deficit shrank marginally to $3.6 billion during the first two months of fiscal year 2024-25... Updated 03 Sep, 2024 10:28pm
Print Credit to private sector: incorrect calculation? ISLAMABAD: Credit to private sector (flows) stood at Rs -326.9 billion, 1-July to 26-July 2024-25 against Rs -171.1... Updated 31 Aug, 2024 10:21pm
Print Govt decides to bring in 50pc govt imports thru Gwadar port ISLAMABAD: The federal government has decided to divert 50 per cent of public sector imports to Gwadar Port destined... Updated 26 Aug, 2024 09:22am
Business & Finance ‘WEBOC, PSW not synchronised to capturing global trade data’ KARACHI: The Pakistan Business Forum (PBF) said that Pakistan’s systems — WEBOC and Pakistan Single Window —... Published 24 Aug, 2024 06:23am
Business & Finance 4G MiFi modem and WiFi modem: 11pc duty applicable on import ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has ruled that 11 percent... Updated 21 Aug, 2024 09:34am
Print MoC says taking efforts to bring down ACD to zero ISLAMABAD: Commerce Ministry said on Monday it is fighting at the highest level to bring down Additional Customs... Updated 20 Aug, 2024 08:51am
Pakistan Pakistan’s current account posts deficit of $162mn in July 2024 Deficit lower on a monthly basis, but 'higher than expectations due to wider trade deficit reported by SBP' Updated 19 Aug, 2024 09:06pm
Business & Finance Power costs, import bans and RDs: Jam pledges to address the issues hurting businesses KARACHI Federal Minister for Commerce, Jam Kamal Khan has pledged the ministry’s full support in addressing the... Published 16 Aug, 2024 06:56am
Print BMP underscores need for taking steps to achieve export target LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has stressed the need for... Updated 12 Aug, 2024 09:19am
Print Misclassification of steel products: FBR urged to recover taxes from importers ISLAMABAD: The documented steel sector has conveyed to the Federal Board of Revenue (FBR) that misclassification of... Updated 07 Aug, 2024 08:00am
Business & Finance July trade deficit surges 19.7pc to $1.95bn YoY ISLAMABAD: Pakistan’s trade deficit in July 2024 has increased by 19.7 percent year on year (YoY) to $1.95 billion... Updated 02 Aug, 2024 09:54am
Print Auction for serviceable old cars: No 18pc GST if tax paid at import stage: FBR ISLAMABAD: The Federal Board of Revenue (FBR) will not charge 18 percent sales tax on auction of serviceable old and... Updated 01 Aug, 2024 09:20am
Business & Finance Economic Update & Outlook: July statement characterised by absence of key info ISLAMABAD: The July 2024 Economic Update and Outlook, a regular monthly publication by the Finance Division, is... Published 31 Jul, 2024 06:40am
Print Diplomats, privileged persons and entities: Conditional exemption of FED available on imports ISLAMABAD: The exemption of federal excise duty would be available on the imports made by diplomats, diplomatic... Updated 26 Jul, 2024 08:51am
Business & Finance G-B court’s order: Over Rs3bn per annum revenue through imports from China at stake? ISLAMABAD: The Federal Board of Revenue’s tax collection of over Rs 3 billion per annum from imports from China is... Published 24 Jul, 2024 06:32am
BR Research Current account FY24: historic but in a good way? The current account posted the lowest deficit in thirteen years in FY24. The toll could have been a surplus if the... Published 22 Jul, 2024 08:27am
Markets Pakistan’s current account posts deficit of $681mn in FY24 This is the lowest deficit in last 13 years During June, current account balance stands at deficit of $329mn Updated 19 Jul, 2024 10:44pm
Business & Finance FY2023-24: textile exports up by around 0.93pc to $16.655bn ISLAMABAD: The country’s textile group exports increased by around 0.93 percent during the fiscal year 2023-24 and... Updated 19 Jul, 2024 06:50am
Print Move to achieve $60bn export target: Talks begin on import tariff rationalisation Commerce Minister Jam Kamal emphasises need for comprehensive consultation with experts from both private and public sectors Updated 16 Jul, 2024 01:45pm
Changes in Active Taxpayers List Rules: FBR asked to provide another seven days for ‘understanding’ SRO
Changes in Active Taxpayers List Rules: FBR asked to provide another seven days for ‘understanding’ SRO
Changes in Active Taxpayers List Rules: FBR asked to provide another seven days for ‘understanding’ SRO