SBP keeps policy rate unchanged at 5.75pc on expected growth

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KARACHI: State Bank of Pakistan (SBP) has kept the key policy rate unchanged at 5.75 percent in its first monetary policy decision of fiscal year 2017/2018 announced on Saturday.

Customs examiners enabled to find online lab reports

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KARACHI: The Directorate General of Reforms and Automation (Customs) has introduced a module enabling an examiner for finding online laboratory test reports.

Textile exports post flat growth at $12.45bn in 2016/2017

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ISLAMABAD: The textile exports were at $12.45 billion during fiscal year 2016/2017, which is almost unchanged to the total amount in the preceding fiscal year, Pakistan Bureau of Statistics (PBS) said on Friday.

SECP allows companies to prepare financial statements as per repealed law

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ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has allowed companies to prepare financial statements for the period ending June 30, 2017 as per repealed law.

IMF advises setting up national tax commission for enhancing revenue mobilization

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KARACHI: International Monetary Fund (IMF) has advised Pakistan for establishing a national tax commission for enhancing the efforts of revenue mobilization.

FBR’s role should be restricted to revenue collection: Ombudsman

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ISLAMABAD: Federal Tax Ombudsman (FTO) has recommended that the role of Federal Board of Revenue (FBR) should be restricted to revenue collection.

SBP to announce first monetary policy decision on July 22

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KARACHI: Tariq Bajwa, the newly appointed governor of State Bank of Pakistan (SBP) will unveil first monetary policy for fiscal year 2017/2018 on Saturday, July 22, 2017.

SECP organizes consultative seminar on agri warehousing regulations

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ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has organized a consultative session on agricultural warehousing regulations and commodities based collateral and financing eco-system.

FBR issues alert against fake, harmful emails

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ISLAMABAD: Federal Board of Revenue (FBR) has issued alert against harmful and fake emails issued unscrupulous persons to taxpayers regarding anomalies in their tax returns.