Bank of Punjab becomes first provincial bank to achieve Pakistan’s highest credit rating
LAHORE: The Bank of Punjab (BOP) has been upgraded to a long-term entity rating of AAA from AA+ by The...
Punjab Revenue Authority collects record Rs367bn tax in FY 2025–26
LAHORE: The Punjab Revenue Authority (PRA) has achieved its highest-ever tax collection in the financial year 2025–26, collecting more than...
Fuel prices remain unchanged as govt adjusts levies
ISLAMABAD: The federal government has decided to double the Climate Support Levy on petrol and diesel to Rs5 per litre,...
Sindh Revenue Board collects Rs370b in taxes in FY26
KARACHI: The Sindh Revenue Board (SRB) collected a record Rs370.06 billion in FY2025-26, up 20.17% from Rs307.93 billion in the...
Pakistan’s forex reserves fall by $1.3b as SBP repays external debt
KARACHI: Pakistan’s total liquid foreign exchange reserves declined by more than $1.25 billion during the week ended June 19, 2026,...
SBP notifies new job openings in digital innovations & settlements department
KARACHI: The State Bank of Pakistan (SBP) has announced new job opportunities for qualified and energetic professionals in its Digital...
Blind fraud victim gets Rs19.2m back, IHC orders car handover
ISLAMABAD: The Islamabad High Court (IHC) has ordered that two vehicles belonging to a convicted bank manager be handed over...
Finance Minister visits FBR headquarters, commends historic revenue achievement
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb visited Federal Board of Revenue Headquarters and commended the Board...
FPCCI president highlights MSME role in economic growth
ISLAMABAD: Atif Ikram Sheikh, President FPCCI, has apprised that the Small and Medium Enterprises Development Authority (SMEDA) and the Federation...
FBR reduces regulatory duty on imported SUVs, ATVs
ISLAMABAD: The Federal Board of Revenue (FBR) has significantly reduced the regulatory duty on imported Sport Utility Vehicles (SUVs) and...
Customs Valuation revises import values for perfumes & colognes vide VR No2094/2026
KARACHI: The Directorate General of Customs Valuation has notified Valuation Ruling No. 2094/2026, replacing the earlier Valuation Ruling No. 1840/2024...
Pakistan’s annual inflation eases to 11.1pc in June, says PBS
ISLAMABAD: Pakistan’s annual inflation eased to 11.1 per cent in June from 11.7 per cent in May, while prices declined...
FBR collects Rs13.6 trillion in taxes during FY2025-26
ISLAMABAD: Federal Board of Revenue collected a total of Rs13,601 billion in taxes during fiscal year 2025-26, while refunds amounting...
Govt increases tax on restaurant card payments
ISLAMABAD: Customers dining at restaurants across Pakistan will now pay revised tax rates following a new government directive that took...
Pakistan repays $1.3b external debt: SBP
KARACHI: The State Bank of Pakistan (SBP) reported that the country has repaid a heavy external debt of $1.3 billion....
FBR enforces Rs25,000 surcharge payment for individuals from July 1
ISLAMABAD: The Federal Board of Revenue (FBR) has updated its IRIS portal to enforce the newly introduced Rs. 25,000 Active...
Pakistan secures $700m ADB loan for insurance, financial sector reforms
ISLAMABAD: Pakistan and the Asian Development Bank (ADB) signed a $700 million policy-based loan agreement on Monday aimed at strengthening...
World Bank urges fiscal reforms to strengthen service delivery, stability in Pakistan
ISLAMABAD: Pakistan needs to strengthen the way financial resources are shared between the federal, provincial and local governments to maintain...
KCCI raises alarm as Cotton Exchange shutdown disrupts 209 businesses
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has voiced serious concern over the continued sealing and alleged forceful...
SECP reforms leads to 1,374pc surge in third-party motor insurance in Sindh
ISLAMABAD: The Securities and Exchange Commission of Pakistan’s (SECP) reforms to enforce third party motor insurance have increased third-party motor...
