Abbottabad RTO seizes fully operational illegal cigarette manufacturing setup

ISLAMABAD: The World Bank has approved $400 million in financing for water and sanitation projects in Punjab, Pakistan. The global...

Customs seizes smuggled diesel, prime movers worth Rs190m in Quetta raid

QUETTA: Collectorate of Customs Enforcement Quetta has seized 275,000 litres of smuggled diesel and two prime movers, together valued at Rs190...

FinMin Aurangzeb, Saudi minister discuss economic cooperation in Riyadh

ISLAMABAD: Finance Minister Muhammad Aurangzeb held talks with Saudi Arabia’s Vice Minister of Finance Abdulmuhsen Al-Khalaf in Riyadh, with both...

Pakistan offers Turkmenistan access to Karachi & Gwadar ports

ASHGABAT: Prime Minister Shehbaz Sharif has offered Turkmenistan access to Karachi and Gwadar ports to expand its trade routes into South...

IMF slaps 11 new conditions to Pakistan’s $7b loan programme

ISLAMABAD: The International Monetary Fund (IMF) has added 11 more stringent conditions on Pakistan under the latest staff-level review of its...

SBP likely to hold rate at 11pc as IMF flags inflation risks

KARACHI: The State Bank of Pakistan (SBP) is expected to retain interest rates at 11% on Monday, a Reuters poll...

IMF lowers FBR revenue target to Rs. 13.98 trillion for FY2025-26

ISLAMABAD: The International Monetary Fund (IMF) has revised Pakistan’s Federal Board of Revenue (FBR) revenue collection target for the fiscal...

KP Finance department exposed in Rs440m recruitment scandal

PESHAWAR: A major scandal has emerged within the Khyber Pakhtunkhwa (KP) Finance Department, revealing 88 illegal recruitments, which have caused...

DG Valuation revises customs values for aroma chemicals used in perfumes vide VR No. 2029/2025

KARACHI: The Directorate General of Customs Valuation Karachi has issued new customs values for the import of 11 types of...

FBR to commence digital tax operations training for nearly 1,100 officers

ISLAMABAD: The Federal Board of Revenue (FBR) is preparing to launch an extensive training program aimed at equipping its officers...

LCCI urges govt to address transporters’ concerns promptly

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Wednesday urged government to address transporters’ concerns promptly. In a joint statement,...

Sugar prices record a drop of Rs35-40 per kg

KARACHI: Sugar prices in Pakistan have taken a notable dip, with rates in Karachi dropping to Rs 160-165 per kilogram. The...

SBP for use of Green Taxonomy to promote climate resilience, sustainable economic activities

KARACHI: In a bid to promote climate resilient and sustainable economic activities, the State Bank of Pakistan (SBP), Wednesday, instructed financial...

PRA holds meeting on administrative, legal reform agenda

LAHORE:The Punjab Revenue Authority (PRA) is continuing its administrative and legal reform agenda. In the 130th Authority meeting chaired by...

US Exim Bank approves $1.25b financing for Reko Diq Project

ISLAMABAD: The Reko Diq project has taken a major step forward as the US Export-Import Bank (Exim Bank) has formally approved...

FBR puts lavish social media users under scrutiny in tax crackdown

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has said that individuals flaunting luxury cars, designer clothing and...

FBR suspends Customs inspector deputed at Islamabad airport for misconduct