No unauthorised communications allowed with FBR staff

FBR will very soon issue very strict instructions to all officers, employees and staff of all formations of FBR not to interact with businessmen through personal visits, telephone calls, cell phone messages or emails. Automated / authorised system will be only manner to interact. From November 1, 2019 strict enforcement will be made against unauthorised interaction between FBR staff and business community. Business community is … Continue reading No unauthorised communications allowed with FBR staff

Forex reserve increase.

The country’s total liquid foreign exchange reserves slightly moved up by $ 44 million to $ 15.186 billion by the end of last week. During the week under review, the State Bank of Pakistan’s reserves increased by $ 79 million to $ 7.893 billion as on October 18, 2019 compared to $ 7.813 billion a week earlier. Reserves held by banks declined by $ 35 … Continue reading Forex reserve increase.

Imran Khan congratulates Trudeau

Imran Khan tweeted: Congratulations to Justin Trudeau for winning the elections in Canada. I look forward to working with him. Canadian Prime Minister Justin Trudeau is known for his hospitality toward nations and cultures of all sorts. Time and again, he has expressed his respect for Pakistan and has stressed on developing strong ties for economic and cultural stability. He won our hearts with his … Continue reading Imran Khan congratulates Trudeau

Iron Ore from Chagai put on SALE

State-owned Bolan Mining Enterprises has put the first lot of 10,000 metric tons from a Balochistan district for sale on ex-mine basis, an official said on Monday. Bolan Mining Enterprises (BME) – a joint venture between Pakistan Petroleum Limited (PPL) and government of Balochistan – started mining of iron ore from its mining lease at Pachinkoh in Chagai. Each company shares a 50 percent working … Continue reading Iron Ore from Chagai put on SALE

New Tax System for Imported Cars launches Next Month- FBR

The Federal Board of Revenue (FBR) has decided to do away with the system of clearing inbound automotive parts on weight basis. In the coming days, custom duties and other taxes on the imported automotive parts will be imposed on per unit basis. Earlier this month in Karachi, PAAPAM representatives held a meeting with senior FBR officials lamenting the losses incurred to the national exchequer … Continue reading New Tax System for Imported Cars launches Next Month- FBR