FBR keeps offices open on February 28 holiday

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose to $16.21 billion for the week...

IMF mission acknowledges improvement in Pakistan’s economic stability

ISLAMABAD: A delegation from the Overseas Investors’ Chambers of Commerce met with the International Monetary Fund (IMF) mission to discuss...

Petrol prices in Pakistan likely to increase from March 1, 2026

ISLAMABAD: Petrol and other petroleum product prices in Pakistan are expected to increase by up to Rs6.88 per litre from...

FBR detects trade fraud cases worth Rs30.46b

ISLAMABAD: The Federal Board of Revenue (FBR) has detected trade fraud cases totaling Rs30.46 billion following the successful rollout of...

PSX crosses half a million investor mark: Khurram Schehzad

ISLAMABAD:A dvisor to Finance Minister, Khurram Schehzad said on Thursday that Pakistan Stock Exchange (PSX) has surpassed 500,000 total investors...

Tax authorities can raid without prior notice, FCC rules

ISLAMABAD: The Federal Constitutional Court has declared that tax authorities have full authority to conduct raids and searches at any...

Pakistan 5G spectrum auction: Jazz, Ufone & Zong submit $45m ahead of March 10

KARACHI: Pakistan’s 5G rollout has officially entered a decisive phase. Jazz, Ufone, and Zong have formally committed to the process....

Overseas companies repatriate nearly $1.7b from Pakistan amid decline in FDI

KARACHI: Foreign companies operating in Pakistan repatriated a significant $1.68 billion in profits and dividends during first seven months (July-January)...

IMF wants UAE deposit rollover for at least a year

ISLAMABAD: The visiting delegation of the International Monetary Fund (IMF) has asked Pakistani authorities to ensure that the UAE rolls...

US, China & UK remain top 3 destinations of Pakistani exports in 7 months: SBP

KARACHI: The United States (US) remained the top export destination of Pakistani products during the first seven months of the...

Foreign investors raise alarm over Rs103b tax refunds stuck with FBR

ISLAMABAD: Foreign investors operating in Pakistan have expressed serious concerns over delayed tax refunds worth Rs103 billion pending with the...

Pakistan in talks with UAE over $2b loan rollover: FinMin

ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Wednesday that Islamabad was in talks with the UAE on rolling over its...

Federal cabinet considers replacing Rs10 note with coin to save billions

ISLAMABAD: The federal cabinet has begun considering in-principle approval to introduce a Rs10 coin in place of the existing Rs10...

Senate committee approves draft law paving way for legal crypto trade

ISLAMABAD: A Senate committee approved a draft bill to regulate virtual assets on Wednesday, paving the way for cryptocurrency trading...

Tribunal upholds CCP’s Rs40m penalty on UDPL, IBL for anti-competitive agreement

ISLAMABAD: The Competition Appellate Tribunal (CAT) has upheld the cumulative penalty of PKR 40 million imposed by the Competition Commission...

LHC voids Dispute Resolution Committees’ decisions, transfers 1,500+ property cases to tribunals

LAHORE: The Lahore High Court (LHC) set aside all decisions issued by Dispute Resolution Committees (DRCs) in cases concerning alleged...

Gadani Customs to auction cars, SUVs & commercial vehicles on Feb 26

KARACHI: Collectorate of Customs Gadani will hold auction of cars, SUVs, and commercial vehicles to be held at Gadani on...

IMF review mission arrives in Pakistan for key economic assessment

ISLAMABAD: A review mission of the International Monetary Fund (IMF) is set to arrive in Pakistan today for a 15-day...

FBR notifies revised property valuation rates for Naval Anchorage Islamabad