Azerbaijan may reduce limit for duty-free imports of goods
BAKU: The Azerbaijani State Customs Committee offers to reduce the limit on duty-free import of goods through the international mail...
Deputy Commissioner-IR Farhan Sattar transferred
ISLAMABAD: Farhan Sattar, a BS-18 officer of Inland Revenue Service, presently posted as Deputy Commissioner-IR, Regional Tax Office, Lahore, has...
Two Customs officers of BS-16 transferred
ISLAMABAD: Federal Board of Revenue has transferred/posted two Pakistan Customs Service officers of BS-16 with immediate effect. Syed Jaffar Ali...
Italian finance police believes Google evade $247.5m in taxes
ROME: The Italian finance police believe Google evaded 227 million euros ($247.5 million) in taxes in Italy between 2009 and...
I&I-IR Dy Director Akram Khan to retire on March 22
ISLAMABAD: Muhammad Akram Khan, a BS-18 officer of Inland Revenue Service, is going to retire from the government service on...
FBR asked to extend returns’ filing date till Feb 29
KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to further extend the time...
Govt delays PIA’s privatisation for six months amid protests
ISLAMABAD: The government has delayed the process of privatisation of Pakistan International Airlines (PIA) for six months as protests against...
Ginners ask govt not to waive import duty on Indian cotton
LAHORE: The ginners have asked the government not to waive duty and tax on the import of cotton from India....
KP leads with 123m target: Govt to plant 159m trees across the country
ISLAMABAD: The federal government has set a target of planting 159 million trees throughout the country in the next three...
Record high fiscal deficit possible
BEIJING: Figures released on Friday showed how the slowing economy has taken its toll on China's collection of taxes and...
Turkey imports 3 mln mt of bituminous thermal coal in Dec
ANKARA: Turkey imported 3 million mt of bituminous thermal coal in December, bringing the total volume for 2015 up to...
Fiscal revenue hits lowest yearly growth rate since 1987
BEIJING: China's 2015 fiscal revenue growth fell to a 28-year low of 5.8 percent, the lowest since 1987. General fiscal...
US economy loses pace in Q4 in line with expectations
WASHINGTON: US economic growth braked sharply in the fourth quarter of last year as businesses stepped up efforts to reduce...
Facebook bans gun sales on social network, Instagram
WASHINGTON: Facebook Inc has banned sale of guns on its online social network and its Instagram photo-sharing service. The move...
South Korea imports 100 mln barrels of oil from UAE
ABU DHABI: South Korea is importing about 100 million barrels of crude oil every year from the UAE and the...
Consumption continues to rise in Spain: Bank of Spain
MADRID: Consumption continued to rise in Spain contributing to the country's economic recovery, the economics newspaper Expansion reported on Thursday...
Vietnam’s gasoline imports from South Korea
HANOI: Vietnam's gasoline imports from South Korea could see an increase this year, following a reduction in import duty since...
France to expand growth in 2016 but joblessness still challenges: PM
PARIS: Growth of gross domestic product (GDP) in France, the eurozone's second largest economy, would accelerate this year, but it...
Macedonian industrial production increases 10.5% in Dec.
SKOPJE: The Macedonian State Statistical Office (SSO) on Friday reported industrial production in December 2015 increased by 10.5 percent compared...
India’s Essar imports 96% more Iran oil
NEW DELHI: Essar Oil, the top Indian buyer of Iranian crude, imported 96 percent more oil from Tehran in December...
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