Duty collection on mobile device import doubles to Rs54bn
Official says 17 companies are now manufacturing mobile phones in the country.
Mubarak Zeb Khan
Razak in talks with key players to finalise Preferential Trade Agreement with Kabul
The proposed PTA is estimated to enhance the volume of bilateral trade to nearly $5 billion in the next five years.
IMF talks focus on renewed tax thrust
Technical mission of the fund has conducted a detailed study of Pakistan’s existing tax system and come up with recommendations.
Pakistan improves rank on border trading index
The country's rank on the index has jumped 28 places in 2020.
Textile exports rise 6pc in October, LPG imports up
The demand for the country’s exports has collapsed since March due to the Covid-19 pandemic.
Razak makes headway on Afghan transit treaty
Razak calls on Afghan president, discusses range of issues pertaining to trade and economic integration.
Exports to region down 24.4pc in Q1
Exports to Afghanistan, China, Bangladesh, Sri Lanka, India, Iran, Nepal, Bhutan, and the Maldives fell to $719.198m in 1QFY21.
LSM grows 7.65pc in September
Large-scale manufacturing grew 4.81pc between July and September in the current fiscal year from a year ago.
Five-year textile policy finalised, awaits approval
The policy aims to reduce the input cost of the textile and clothing sector and make it competitive with regional players.
Commerce sets $37bn export target in next five years
Under the policy, a three-tier institutional mechanism is proposed for the resolution of sector-specific problems.
Exports in October rise 2.1pc to $2.06bn
Data shows visible improvements in export orders from international buyers mainly in the textile and clothing sectors since May.
October inflation eases slightly to 8.9pc
Food prices see continuing increase of 16.5pc.
Revenue sees lacklustre growth in October
FBR exceeds the four-month target of Rs1.33tr by Rs15.7bn.
ECC okays PM’s Rs24bn package for farmers
Farmers are currently sowing Rabi crops and the govt's timely intervention is estimated to enhance production.
Investigation launched in sugar mills over alleged benami transactions
ISLAMABAD: Benami Zone II, Lahore has launched an investigation in five sugar mills for verification of benami...
FBR seals Jazz head office moments after serving tax notice for Rs25bn
Company spokesperson says Jazz will "collaborate with all institutions for an early resolution of this issue".
Pak-Afghan forum adopts 140 proposals to promote trade
Deliberations with the Afghan side were held in a detailed and micro-level after a long time.
India can use Afghan land to destabilise Pakistan: Imran
Premier says CPEC can facilitate both Islamabad, Kabul to become trade hubs.
Hike in wheat support price could increase inflation: PIDE
A bumper crop and good governance may reduce the pass-through on inflation and vice versa, it says.
Sales tax rate, data sharing in focus as policy board meets
Policy power regarding sales tax, federal excise duty, and income tax is still with the FBR's Inland Revenue Department.