FBR issues strict warning to tax officials against seeking influenced postings
LAHORE: The Federal Board of Revenue (FBR) reiterated strict action against tax officials attempting to use political or personal influence...
RCCI organized ‘Online Quota Allocation’ training for pharma traders
RAWALPINDI: Pharmaceutical companies and importers can now submit applications for controlled drugs quota allocations electronically through DRAP’s new software system, officials...
Aurangzeb vows to deepen cooperation on fiscal governance, revenue reforms
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, here on Thursday, expressed Pakistan’s commitment to expanding institutional cooperation and...
Banking deposits cross Rs35 trillion as sector shows strong growth
KARACHI: Pakistan’s banking sector received a welcome boost in October 2025, as deposits surged past Rs35 trillion, according to fresh data...
Pakistan paid $385.6m in profit repatriation to multinationals in October: SBP
KARACHI: The State Bank of Pakistan (SBP) has released fresh data revealing how much profit multinational companies (MNCs) sent out of...
FBR uncovers Rs30b annual tax evasion in tile sector, moves to install monitoring cameras
ISLAMABAD: The Federal Board of Revenue (FBR) has uncovered massive sales tax evasion, amounting to Rs30 billion annually, in the...
IMF flags corruption as major obstacle to Pakistan’s economic stability
ISLAMABAD: The International Monetary Fund (IMF), as part of conditions under its loan program, has released the Governance and Corruption...
SHC defers K-Electric’s tariff hearing as industries protest Rs28b cost burden
KARACHI: The Sindh High Court on Wednesday adjourned the hearing of K-Electric’s Multi-Year Tariff (MYT) petitions to December 10, as...
ADB approves $330m to expand clean energy transmission in Pakistan
ISLAMABAD: The Asian Development Bank (ADB) has approved loans totaling $330 million to Pakistan for the Second Power Transmission Strengthening...
FinMin says Saudi Arabia’s interest in $10billion investment is intact
ISLAMABAD: Finance Minister Muhammad Aurangzeb has said that Saudi Arabia’s previously signaled $10 billion investment appetite for the country remained unchanged, with...
PRA detects 50 untaxed aesthetic clinics in Lahore
LAHORE: The Punjab Revenue Authority (PRA) has uncovered around 50 aesthetic clinics in Lahore that are reportedly generating billions of...
Heavy tax on large-scale manufacturing sector affects exports: Pasha
LAHORE: Former federal finance minister Dr. Hafiz A. Pasha has said that huge taxes, around 60 percent of the total...
ICCI to host traders convention for swift resolution problems
ISLAMABAD: Islamabad Chamber of Commerce & Industry (ICCI) announced that the chamber will soon convene a traders convention aimed at...
FPCCI applauds FBR’s measures to streamline Karachi port cargo operations
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday lauded the Federal Board of Revenue’s (FBR)...
Pakistan, Denmark reaffirm commitment to deepening economic & development
ISLAMABAD: The newly appointed Ambassador of Denmark to Pakistan Maja Mortensen paid a courtesy call on Federal Minister for Finance...
IHC dismisses Kingdom Valley’s petition in favor of CCP
ISLAMABAD: The Islamabad High Court has dismissed the writ petition filed by Kingdom Valley (Pvt) Limited against the Rs150 million...
Pakistan invites China to mineral investment forum
ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik and Chinese Ambassador Jiang Zaidong on Wednesday reaffirmed the enduring strength of...
Electricity prices likely to drop in Pakistan
ISLAMABAD: Electricity prices are likely to drop on account of monthly fuel cost adjustment in a relief to consumers in Pakistan....
‘Traders cost $200 daily as Afghan-bound goods stranded at Pakistani ports’
KARACHI: Thousands of import shipments bound for landlocked Afghanistan are stranded at Pakistani seaports or border crossings, a business association in...
Pakistan launches first bunkering operations at Karachi Port
KARACHI: Pakistan has launched its first-ever standardised bunkering operations at the Karachi Port, aligning the country’s largest harbor with global maritime...
