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Tax officials’ leaves cancelled till June 30

ISLAMABAD: Federal Board of Revenue (FBR) has cancelled all types of leaves of its officials with immediate effect in order to ensure achieving collection target for fiscal year 2017/2018.

FBR offices remain open on Monday for election scrutiny

ISLAMABAD: The offices of Federal Board of Revenue (FBR) will remain open on Monday, June 18, 2018 for the scrutiny of nomination papers submitted for general election scheduled for July 25.

Cell phone consumers to get 100 percent on recharge for 15 days

ISLAMABAD: Cell phone consumers will get 100 percent recharge from June 14, 2018 (00:00 hours on Wednesday) after apex court decision of no deduction of tax and other charges for 15 days.

FPCCI rejects hike in prices of POL products

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly rejected the hike in prices of petroleum products and it urged the caretaker government to revisit its decision.

POL prices increased; petrol rate increased to Rs91.96/liter

ISLAMABAD: The caretaker government on Monday announced hike in petroleum prices effective from June 12, 2018. The price of petrol has been increased by Rs4.26 to Rs91.96 per liter.

Bank’s Eid holidays

KARACHI: The State Bank of Pakistan (SBP) on Monday announced that the central bank will remained closed from June 15 to 18 on the occasion of Eid-ul-Fitr.

Dollar touches new peak against Pak Rupee; third depreciation against dollar since December

KARACHI: Dollar touches new peak against rupee after third devaluation in local unit since December 2017. The depreciation is due to debt repayment and trade deficit, experts said on Monday.

Pakistan Customs surpasses 11-month collection target

ISLAMABAD: Pakistan Customs has surpassed eleven months duty and tax collection target by collecting Rs534 billion, which exceeded by Rs3 billion.

P@SHA, E-Commerce Gateway sign MoU to boost ICT, exports

KARACHI: E-Commerce Gateway and Pakistan Software Houses Association (P@SHA) have signed Memorandum of Understanding (MoU) to boost Pakistan’s domestic Information Computer Technology (ICT) at least by 5 times and increase exports as well.