Foreign investment plunges by 61.5pc in July

KARACHI: Total foreign investment into the country has been declined by 61.5 percent to $86 million during July 2018 as compared with $223.1 million...

Taxation

FBR locks Shaheen Air’s head office on duty non-payment

KARACHI: Shaheen Air International (SAI) on Friday completely shut down after Federal Board of Revenue (FBR) locked its head office on non-payment of Rs1.4...

International

China replaces envoys in Chad, Djibouti and Malawi

BEIJING: China will replace envoys in Chad, Djibouti and Malawi in accordance with a decision by the Standing Committee of the National Peoples...

Rupee depreciates by 80 paisas on foreign payments

KARACHI: The rupee lost 80 paisas against dollar on Friday due to higher demand for import payment and outflows for debt repayments. The rupee ended...

Positive trend likely in equity market as new government takes charge

KARACHI: The equity market likely to display positive trend in short trading week as investors are expected to upbeat as the new PTI-led government...

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FBR promotes 20 Inland Revenue officers to BS-16

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday promoted 20 officials of Inland Revenue to post of office superintendent Inland Revenue (BS-16) with immediate...

FBR removes lady customs officer from service on misconduct

ISLAMABAD: Federal Board of Revenue (FBR) has awarded dismissal from service to Ms. Beenish Iftikhar, (PCS/BS-17), Assistant Director, Directorate of Customs Valuation, Lahore for...

FBR suspends four appraisers of MCC Port Qasim

KARACHI: Federal Board of Revenue (FBR) on Friday suspended four principal appraisers posted at Model Customs Collectorate (MCC) of Port Muhammad Bin Qasim, Karachi...

FBR assigns additional charge to BS-20 customs officers

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday assigned additional charge to BS-20 officers of Pakistan Customs Service (PCS) till posting of regular incumbents. The...

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