Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin held a meeting with Special Assistant to the Prime Minister (SAPM) on E-Commerce Senator Aun Abass Buppi at Finance Division on Thursday.Senator Buppi extended congratulations to the ad…
FBR Exempts Custom Duty on Import of 9 Items from Afghanistan
The Federal Board of Revenue (FBR) has exempted customs duty on the import of nine items including coal, marble, sulphur and containers from Afghanistan.The FBR has also exempted regulatory duty on the import of marble and reduced regulatory duty on im…
SBP’s Forex Reserves Plunge by $415 Million Due to Rising External Debt
The foreign reserves held by the State Bank of Pakistan (SBP) fell week-over-week by $415 million (2.2 percent) to $18.15 billion, mainly due to external debt repayments.According to the data released by the State Bank of Pakistan (SBP), the foreign ex…
PAC Unhappy With Finance Ministry’s Handling of COVID-19 Relief Fund
The Public Accounts Committee (PAC) voiced its concerns regarding the Finance Ministry’s briefing on the Rs. 1,240 billion COVID-19 relief package, on Wednesday, after the ministry reportedly failed to satisfy the committee.During an audit briefing of …
CCoE Considers Recommendations for Maximizing Gas Supply to Residential Consumers
A meeting of the Cabinet Committee on Energy (CCoE) was held under the Chairmanship of Federal Minister for Planning, Development, and Special Initiatives Asad Umar in Islamabad on Thursday.The Cabinet Committee on Energy considered the report on the i…