Business

Summons 63,011 non-ST registered industrial, commercial units M Jahangir Hayat LAHORE: Federal Board of Revenue (FBR) Regional Tax Office-II, Lahore has hitherto issued 63011 sales tax registration letters/notices to industrial and commercial connection holders of LESCO and SNGPL. Lahore RTO-II Chief Commissioner Ahmad Shuja Khan propounded…

Our Special Correspondent  Lahore: Federal Board of Revenue (FBR)  Monday said that only 9 refund claims of five exporter-oriented sectors were…

Our Special Reporter LAHORE: PIAF Founder alliance candidates Monday were elected unopposed on all the eight seats of chamber class in the Lahore Chamber of…

China has always provided support and assistance to Pakistan's economic and social development: Chaudhry Fawad Hussain  Our Special Correspondent  LAHORE: Federal Minister for Science and Technology Chaudhry Fawad Hussain on Monday inaugurated the three-day 7th Pak-China Business Forum- Industrial Expo 2019 (PCBF-IE) jointly organized by…

Reports gross profit of PKR 17.0 billion vs 20.4 billion in previous year M Jahangir Hayat LAHORE: Nestle Pakistan Limited has reported a…

Experts say ABL must do something needful to curtail abnormally high mark-up and operating expenses, eating at the profit, depriving shareholders of their due…

Our Special Correspondent LAHORE: Chairman Federal Board of Revenue Syed Muhammad Shabbar Zaidi has inaugurated a new software called Centralized Sales Tax & FED Assessment & Processing (CSTAP) to effectively monitor the sales tax returns. This software is inaugurated at FBR Headquarters which is developed by IR-Operations Wing…

By M Jahangir Hayat LAHORE: Bank Alfalah Limited has earned a profit after taxation of Rs 6.209 billion posting a slight growth of 3pc during the half year…

Our Special Reporter LAHORE: President of Pakistan Dr. Arif Alvi is likely to inaugurate three-day ‘7th Pak China…

Our Special Correspondent LAHORE: A representative 20-member delegation of the Punjab Sarafa Gems & Jewellers Association led by its Chairman Muhammad Ahmad will hold parleys with Member Policy Federal Board of Revenue (FBR) Dr. Hamid Attique Sarwar on the issue of imposition of GST. General Secretary of the Association Rana Muhammad…

Over 100pc increase in production of rice witnessed in Sindh and new research in Punjab would yield same results: Chairman Guard Group M Jahangir Hayat…

Our Special Correspondent LAHORE: Federal Board of Revenue has issued a Circular wherein the directions of Chairman FBR have been conveyed to all the Field…

Our Special Reporter LAHORE: Progressive Group in the Lahore Chamber of Commerce & Industry (LCCI) has announced to contest the forthcoming annual elections of the LCCI for the year 2019-20 as an ally of the PIAF-Founders Alliance. It has also nominated Dr. Riaz Ahmad, a businessman from Pharma industry, as its candidate for contesting…

Our Special Correspondent LAHORE: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has said that there is a pressing need to bring the country out…

FBR RTO-II shortlists 4066 owners of motor vehicles of 2400cc and above for enforcement of income tax returns  M Jahangir Hayat LAHORE: The Federal…

Our Special Correspondent LAHORE: Member Customs Jawwad Owais Agha has said that Pakistan Single Window Single which helps improve efficiencies in custom clearance, increase the speed at which goods can move, and reduce cost of trade, is the most significant cross border trade facilitation initiative to have been undertaken by the Government of…

Our Special Correspondent LAHORE: State Bank of Pakistan through its subsidiary, Banking Services Corporation (BSC) has participated in the government’s…

Our Special Reporter LAHORE: Italian Exhibition Group (IEG) has appointed Gold & Gems Art Promotion Council of Pakistan (GGAPCP) as its Regional Advisor…

Our Special Correspondent LAHORE: Pakistan FMCG Importers Association (PFIA) has welcomed the Federal Board of Revenue (FBR) decision to inspect the proper import documents of foreign items present in the market to curb the smuggling with an iron hand. PFIA leadership said that it was raising voice time and again to take solid steps…

Member Customs (Operations) and Member (IR-Operations) have been directed to supervise the activity Our Special Correspondent LAHORE: Under the…

Bank’s balance sheet averaged at Rs1.7trillion in H1’19, compared to Rs1.8trillion M Jahangir Hayat LAHORE: United Bank Limited (UBL) International’s…

Dr Muhammad Anjum says we should grow vegetables in lawns instead of flowers Our Special Correspondent LAHORE: The Punjab Agriculture Department in collaboration with the the Federal Government is embarking upon an ambitious programme worth Rs 26 Billion to promote mechanization and seed replacement for three major crops. These three…

LAHORE: The Lahore Chamber of Commerce & Industry on Wednesday marked National Independence Day as solidarity with Kashmir Day. On the occasion, the LCCI…

Our Special Correspondent LAHORE: Federal Board of Revenue has urged general public to report complaints against the businessmen who are charging sales tax…

Our Special Correspondent LAHORE: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has asked Managing Directors Sui Northern Gas Company Limited and Sui Southern Gas Company Limited to share the list of all persons using industrial and commercial gas connections with FBR as soon as possible. Chairman FBR Syed Shabbar Zaidi has sent…

Our Special Correspondent LAHORE: Telenor Infinity Smartphones and Yellostone announce Mega Azadi Deal on this Independence Day. This deal features a…

Experts suggest a need for curtailing extravagance expenses M Jahangir Hayat LAHORE: Habib Bank Limited (HBL) has posted mega decline of over 51…

General public denie receiving new notes Our Special Correspondent LAHORE: The State Bank of Pakistan (SBP) has claimed that through 16 field offices of its subsidiary SBP Banking Services Corporation (SBP BSC), issued fresh banknotes of various denominations aggregating to Rs.284 billion, including Rs.274 billion via commercial banks and…

Our Special Correspondent Dongguan, China : At the Huawei Developer Conference today, Huawei launched HarmonyOS – a new microkernel-based, distributed…

Our Special Correspondent Lahore: Chairman Federal Board of Revenue Shabbar Zaidi held a meeting with all groups of traders of Pakistan on August 8,…