Daily Archives: March 2, 2017

Headline inflation increases by 4.2pc in February 2017

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ISLAMABAD: The headline inflation – Consumer Price Index (CPI) – increased by 4.2 percent on year-on-year basis in February 2017 as compared to an increase of 3.7 percent in the previous month and 4 percent in February 2016, according to data issued by Pakistan Bureau of Statistics (PBS) on Thursday.

KCCI slams imposing 100pc cash margin requirement on imports

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KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has criticized the decision of State Bank of Pakistan (SBP) to impose 100 percent cash margin on import of a number of consumer items.

FBR imposes penalty of censure on BS-16 customs officer

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ISLAMABAD: Federal Board of Revenue (FBR) has imposed penalty of ‘censure’ upon Muhammad Saleem Lodhi, Appraising Officer (BS-16) posted at Directorate General of Transit Trade, Karachi on the charges of inefficiency.

FBR discusses TRC recommendations for broadening tax base

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ISLAMABAD: The tax authorities have discussed the recommendations presented by Tax Reform Commission (TRC) in order to enhance tax revenue and broaden the tax base.