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Karachi

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 118,946 tonnes of cargo comprising 108,149 tonnes of import cargo and 10,797 tonnes of export cargo including 4,672 loaded and empty containers during the...

Cotton prices firm on strong buying by mills

KARACHI: Prices maintained firm posture on the cotton market on Tuesday in the process of hectic trading, dealers said. The official spot rate was unchanged at Rs 6100, they said....

LTBA accuses FBR of charging high tax from pensioners, BSC holders

LAHORE: President Lahore Tax Bar Association (LTBA) Ch Qamaruz Zaman has criticized Federal Board of Revenue (FBR) for charging high tax to pensioners and bearers of Bahbood Saving Certificates...

FCCI slams FBR for its new condition of levying more tax

FAISALABAD: Sheikh Farooq Yusuf acting President Faisalabad Chamber of Commerce & Industry (FCCI) has welcomed the suspension of major condition of the SRO 1125(I) 2011 which has made levy...

SCCI voices concern over harassment of traders

PESHAWAR: President Sarhad Chamber of Commerce & Industry (SCCI) Zahidullah Shinwari has expressed concern over the harassment of traders and shopkeepers and imposition of unjustified and illegal penalties on...

PBIF seeks govt help for making Shikarpur hub of agro industries

KARACHI: President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has said that Shikarpur has the potential to become a hub of agro-based industries. “Shikarpur can become an...

LCCI urges govt to withdraw infrastructure development cess

LAHORE: The Lahore Chamber of Commerce and Industry has urged the Punjab government to withdraw Punjab infrastructure development cess as it is a dual tax and distressing the industries...

SCCI chief for ‘support industry’ to facilitate businessmen

SIALKOT: President Sialkot Chamber of Commerce and Industry (SCCI) Zahid Latif Malik has stressed the need for setting up “Support industry” to facilitate industrial sector of the country. In...

Ideas to strengthen Pak-Iran trade discussed

ISLAMABAD: A delegation of Pakistan’s Gwadar Chamber of Commerce and Industry (GCCI) met with the Iran’s Sistan and Baluchestan Province Deputy Governor Ali Akbar Mirshekari and discussed border trade...

Rising Chinese investment pushes FDI up by 56.3pc

KARACHI: Foreign direct investment (FDI) in Pakistan continued to show encouraging growth, thanks to the Chinese government who had been continuously increasing its investment in Pakistan, in the backdrop...

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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...