Affairs

Pakistan Records Highest Textile Exports Since June 2021

The textile exports of Pakistan were registered at $1.6 billion on October 21, according to the Pakistan Bureau of Statistics (PBS), the highest since June 2021. Compared to the last year, textile exports have increased by 24%, moving from $1.28 billio…

Affairs

ECC Recommends PPRA to Relax Rules for Urea Import

The Economic Coordination Committee (ECC) of the federal cabinet has recommended Public Procurement Regulatory Authority (PPRA) to give exemption to the Trading Corporation of Pakistan (TCP) from its rules to republish tender for procuring urea from ab…

Affairs

FBR to Audit Over 50,000 Income Tax Cases of 2019

The Federal Board of Revenue (FBR) has decided to select over 50,000 income tax cases of the tax year 2019 for audit, reflecting an extraordinary increase of 36,000 cases as compared to more than 14,000 cases it had picked for the tax year 2018.The FBR…