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....
FPCCI voices concern over FBR’s inaction over bank transactions’ WHT
LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed grave concern over FBR’s inaction on Section 38-B and withholding tax on bank transactions and urged...
SCCI delegation leaves for Saudi Arabia
SIALKOT: A seven-member delegation of Sialkot Chamber of Commerce and Industry (SCCI), headed by Qaiser Baig, left for Saudi Arabia on Saturday. The
delegation leader said that the visit would pave...
Aptma to urge PM for incentivising export sector
ISLAMABAD: Pakistan’s increasing trade deficit and falling exports have been posing a serious threat to the economy and to reverse the trend, government should focus on export-led growth and...
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 on Monday.
The official said the...
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 imports were seen showing marginal...
Trade deficit likely to widen to record $35b
ISLAMABAD - Pakistan’s trade deficit is likely to swell to record $36 billion during current fiscal year (FY2018) due to massive increase in imports as compared to the exports.
Country’s imports...
Imports up 0.56pc(Jul-Sept exports down 0.94pc YoY)
ISLAMABAD: The country’s exports during July-September 2020 as compared with the same period of the last year have witnessed a decline of 0.94 percent, ie, from $5.51 billon to...
FPCCI delegation leaves for China
headed by Vice President Ch. Arfan Yousaf on Wednesday left for a 10-day visit to China to bolster bilateral trade and explore untapped trade opportunities between the two countries....
Trade deficit surges 19.5pc in September
ISLAMABAD: Pakistan`s trade deficit widened by 19.49 per cent to $2.391 billion in September, compared to $2.001bn during the same month last year, data released by the Pakistan Bureau...