FTO orders probe into FBR over failure to grant tax return filing extensions

19/11/2025

ISLAMABAD: The Federal Board of Revenue (FBR) has released a detailed draft of the insurance guarantee format required under Pakistan’s...

Auto financing surges in Pakistan as SBP releases latest data

19/11/2025

KARACHI: The State Bank of Pakistan (SBP) has released fresh figures showing a sharp rise in auto financing across the country,...

Customs foils bid to smuggle 30 kg ICE worth Rs450m from Panjgur

PANJGUR: Customs Enforcement Panjgur has seized 30 kilograms of Ice (crystal methamphetamine) valued at Rs 450 million during an intelligence-based operation...

Peshawar Enforcement seizes smuggled goods worth Rs 27.4m

PESHAWAR: Collectorate of Customs Enforcement Peshawar has seized smuggled goods worth Rs 27.4 million after intercepting two motor vehicles arriving from...

ECC approves key grants for security, defence projects, structural reforms

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet met today at the Finance Division under the chairmanship of Senator Muhammad...

Finance minister highlights Pakistan’s economic reform momentum in meeting with dialog global leadership delegation

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a detailed meeting at the Finance Division with a high-level...

Public Debt declines by over Rs1,371b: Khurram Shahzad

ISLAMABAD: Pakistan’s total public debt has fallen from PKR 80,518 billion during June 2025 to PKR 79,146 billion in September 2025,...

KTBA slams FBR for “chaotic” 2025 return filing, demands justice for taxpayers

KARACHI: The Karachi Tax Bar Association (KTBA) has sharply criticized the Federal Board of Revenue (FBR) for what it called...

Multan Customs seizes smuggled cigarettes worth Rs21.1m in crackdown

MULTAN: Collectorate of Customs Enforcement Multan has seized smuggled cigarettes valued at Rs21.134 million in a series of targeted anti-smuggling...

FBR notifies new SOP for container X-ray scanning in Pakistan

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a detailed Standard Operating Procedure (SOP) governing X-ray and Gamma-ray scanning of...

Discos cut losses by Rs68b in 1Q of FY2025

ISLAMABAD: Pakistan’s electricity distribution companies (Discos) have reduced their financial losses by Rs68 billion in the first quarter of the...

FBR forms four teams to curb tax evasion in Lahore

LAHORE: The Federal Board of Revenue (FBR), Regional Tax Office (RTO), Lahore, constituted four squads of Inland Revenue Enforcement Network...

Pakistan’s current account deficit expands to $733m in 4MFY26

KARACHI: Pakistan’s current account deficit surged to $733 million during the first four months of the fiscal year 2025-26 (4MFY26),...

Pakistan’s economic future tied to population, climate action: Aurangzeb