Ship Carrying ‘Cheap’ Russian Oil Arrives in Karachi

In a landmark development for the country’s energy sector, the first ship carrying Russian crude arrived in Karachi on Sunday.Oil products tanker Pure Point, carrying 45,142 metric tons of crude oil, has successfully anchored at berth number OP-2. Ano…

FBR to Establish International Centre of Tax Excellence

The Federal Board of Revenue (FBR) will establish an International Centre of Tax Excellence to have the input of independent tax experts while drafting the tax policy of the country.Under the proposed section “230J” in the Income Tax Ordinance 2001, t…

First Russian oil ship docks at Karachi port

The first Russian cargo carrying 45,000 metric tons discounted crude oil reached Karachi port this evening.Pakistan refinery will handle the shipment. Another shipment carrying fifty thousand metric ton of crude oil will reach Karachi next Week.Source…