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Seminar on ‘Online collection of taxes & duties’ held

LAHORE - Taxpayers must avail online collection for taxes and duties that will provide relief and convenience to the business community. “Newly launched system of online tax payment will...

Karachi to have five industrial treatment plants

KARACHI: Commerce Secretary Muhammad Younas Dahga disclosed for the first time, an investment policy would be part of the trade policy to help boost exports through technologically backed investments. Speaking...

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 180,371 tonnes of cargo comprising 143,625 tonnes of import cargo and 36,746 tonnes of export cargo including 6,574 loaded and empty containers during the...

Cotton prices move lower amid moderate trading

KARACHI: Cotton prices moved lower on Wednesday, in line with New York cotton market. The fading out of two major hurricanes Harvey and Irma without much damage to standing cotton...

FBR’s failure costs provinces Rs170 billion

ISLAMABAD -  The provinces had to pay the price of Federal Board of Revenue’s (FBR) inability to meet tax collection target as they received Rs170 billion lesser than the...

MoU inked to strengthen Pakistan-Mauritius trade

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) and Mauritius Chamber of Commerce and Industry (KCCI) have signed a memorandum of understanding (MoU) according to which both chambers...

US-China trade war: Opportunity for Pakistani businesses to tap Chinese market

ISLAMABAD-Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Secretary General-Federal, Ahmad Jawad including businessmen Panel Sunday said Pakistan must increase the barely production for export purpose especially for...

Audit and reconciliation: WeBOC system to collect transactions records of taxpayers online

KARACHI: The WeBOC system will be able to collect transactions records of the taxpayers online for audit and reconciliation after the launch of e-payment system, likely to be operational...

LCCI committees to prepare data bank

LAHORE: The newly-formed standing committees of the Lahore Chamber of Commerce and Industry (LCCI) have been tasked to prepare sector-specific research / market reports and data bank by LCCI...

Share traders copycat peers to overlook fundamentals

Current downward trend created a self-reinforcing effect on market sentiments with participants following their peers, but earnings surprises next week may encourage them to act on fundamentals to rev...

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KW&SB MD directs resolution of Korangi industrial area issues

KARACHI: Karachi Water & Sewerage Board (KW&SB) managing director Asadullah Khan has directed to resolve all sewerage water related issues in Korangi Industrial Area,...

Importers found concealing financials to evade taxes

KARACHI: The Federal Board of Revenue (FBR) has found importers involved in concealment of their financial transactions to evade taxes, a tax official said...

Trade deficit widens to $5.8bln in July-Sept

ISLAMABAD: Trade deficit widened two percent to $5.8 billion in the first quarter of the current fiscal year of 2020/21 as both exports and...