Author Archives: Anjali
KARACHI: Pakistan’s current account deficit (CAD) has widened by over 92 percent to $3.58 billion during first half of current fiscal year as compared with the deficit of $1.86 billion in the corresponding half of the last fiscal year, according to Balance of Payment (BoP) issued by State Bank of Pakistan (SBP) on Wednesday.
KARACHI: National Clearing Company of Pakistan Limited (NCCPL) has announced that it will collect capital gain tax on January 25 for the month of December 2016.
KARACHI: Foreign Direct Investment (FDI) of the country has increased by over 10 percent to $1.08 billion during first half of current fiscal year against $978 million in the same half of the last fiscal year, according to data issued by State Bank of Pakistan (SBP) on Monday.
KARACHI: Karachi Port Trust (KPT) has said that it will deliver cargo to the bonafide consignee/clearing agents in conformity with the documents and not to the strangers.
KARACHI: Sindh Revenue Board (SRB) has invited business community to send their tax proposals for formulation of Sindh Budget 2017/2018.
KARACHI: State Bank of Pakistan (SBP) has made changes in the Credit Guarantee Scheme (CGS) and increased the guarantee coverage to 60 percent for loan extended to business starters and women borrowers.
KARACHI: State Bank of Pakistan (SBP) has allowed relaxation of time period for exports of rice and leather to meet their export performance.
KARACHI: Federal Board of Revenue (FBR) has imposed major penalty upon a customs officer of BS-18 reduction of two stages in time scale on account of inefficiency.
KARACHI: Federal Board of Revenue (FBR) has awarded a customs officer with major penalty of ‘compulsory retirement from service’ on the charges of misconduct.
KARACHI: Pakistani exporters are supplying substandard and poor quality goods to Afghanistan, particularly pharma goods, which was major reason behind falling trade between Pakistan and Afghanistan.