SC bars release of confiscated smuggling vehicles on surety

KARACHI:Ministries of Maritime Affairs and Railways have agreed to move forward with a formal accord aimed at easing road congestion...

EU, Pakistan sign loan agreement for clean drinking water in Karachi

KARACHI: The European Investment Bank (EIB) and Pakistan’s government on Wednesday signed a €60 million loan agreement, the first between the...

Traders assured of addressing issues arising after closure of Afghan border

PESHAWAR: Prime Minister’s Coordinator on Commerce Rana Ihsaan Afzal reassured traders in the southwestern Chaman city that Islamabad would address issues...

IMF rejects FBR request for immediate removal of 18% GST on contraceptives, sanitary pads

ISLAMABAD: The International Monetary Fund has refused to allow Pakistan to abolish the 18% general sales tax on contraceptives and...

Sugar sector could face full de-regulation soon

ISLAMABAD: A plan to fully deregulate Pakistan’s sugar sector has been finalized and will soon be presented to the prime...

ADB commends macroeconomic reforms, reaffirms support for ML-1

ISLAMABAD: Director General for the Central and West Asia Department of the Asian Development Bank (ADB), Leah Gutierrez, on Wednesday...

Pakistan ‘submits’ five-year-petroleum levy collection plan to IMF

ISLAMABAD: Pakistan has submitted its projections for petroleum development levy collections over the next five years to the International Monetary...

Goods transporters announce end to nationwide strike as talks succeed

KARACH: Negotiations between the government and goods transporters have borne fruit, prompting transporters across Pakistan to call off their strike,...

National gemstones policy finalised to enhance exports: minister

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan chaired a meeting to review and...

ICCI welcomes FBR’s decision to hold in abeyance property valuation table

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) has welcomed the decision of the Federal Board of Revenue (FBR) to re-evaluate...

TPL Corp approves sale of TPL Insurance to Jazz International Holding Limited

KARACHI: The Board of Directors of TPL Corp Limited, in its meeting on December 17, 2025, granted final approval for...

President Zardari administers oath to new Federal Tax Ombudsman

ISLAMABAD: President Asif Ali Zardari administered oath to the newly appointed FTO at Aiwan-e-Sadr (Presidency) in Islamabad. Hijazi, a Chartered...

FBR recovers Rs874b through enforcement actions in FY 2024-25

ISLAMABAD: The Federal Board of Revenue (FBR) has reported recoveries of Rs874 billion through enforcement measures in the fiscal year...

Sindh, UAE agree to increase cooperation in trade, investment, development

KARACHI: Sindh Chief Minister Syed Murad Ali Shah and UAE Ambassador to Pakistan Salem Mohammed Al Zaabi agreed to enhance bilateral...

Pakistan’s current account balance posts surplus of $100m in November

KARACHI: Pakistan’s current account balance posted a surplus of $100 million in November 2025, a significant recovery from a deficit of...

Quetta Enforcement seize narcotics, smuggled goods, vehicles worth $4.9m in Balochistan

QUETTA: Collectorate of Customs Enforcement seized and recovered 22.14 kilograms of narcotics and consignments of smuggled goods comprising betel nuts,...

Finance Minister inaugurates Centre for Government Data Analytics in AGP