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FPCCI backs PM for action against tax evaders

By Our Special CorrespondentLAHORE: President Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Eng Daroo Khan Achakzai Monday announced that despite some reservations in budget, Prime Minister Imran Khan will get full support from business community in a vigorous crackdown against tax evaders for widening tax base besides…
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New US sanctions target Iran’s supreme leader, military brass

Washington:New US sanctions imposed on Iran on Monday target Supreme Leader Ayatollah Ali Khamenei and senior military leaders of the Islamic republic. President Donald Trump slapped the sanctions on Tehran for what he described as its "aggressive behavior" including the shooting down of US drone. The White House said the sanctions "will deny…
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FBR warns to take off person with incorrect documents from ATL

Jahangir HayatLAHORE: The Federal Board of Revenue (FBR) Monday announced to take off the person registered through automated system for sales tax registration from Active Taxpayer List with in fifteen days if they fail to provide correct and genuine documents.Federal Board of Revenue has announced that the automated system for sales tax…
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PSX loses 448 points amid uncertainty over budget

By Our Staff CorrespondentKARACHI: The Pakistan Stock Market remained highly volatile in the trading sessions of the outgoing week and closed at 35,125 points after losing 448 points or 1.3 percent, restricted by economic and political uncertainty. On Friday, the KSE-100 index opened upwards but continued to fluctuate sharply over uncertainty…
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Sheikh Rasheed announces up to Rs100 increase in train fares

LAHORE: Minister for Railways Sheikh Rasheed Ahmed announced on Saturday to push up train fares of economy class by up to Rs100 from the next month.Addressing a press conference here, he said fares of different trains will be increased up to 10 per cent from the next month to contain losses being incurred by the cash-strapped national entity…
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LCCI for end to CD, RD on all raw materials

By Our Special CorrespondentLAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has urged the government to lay foundation of “Industrial Revolution” by abolishing customs/regulatory duty/additional duty on around 2,800 tariff lines for raw materials. The LCCI President Almas Hyder said that manufacturing sector is most important…
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