Supreme Court bars tax audits based on Auditor General observations

LAHORE: A four-member delegation of the World Bank held a meeting with Punjab Revenue Authority (PRA) Chairman Moazzam Iqbal Sipra...

ICCI hosts roundtable conference of senior diplomats

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) organized a Roundtable Conference of Senior Diplomats and Commercial Counsellors. The...

Customs JIAP foils bid to smuggle jewellery, cosmatics worth Rs58m

KARACHI: Collectorate of Customs team deputed at Jinnah International Airport (JIAP) thwarted an attempt to smuggle goods worth approximately Rs58...

FBR misses tax collection target by Rs372b for first seven months of FY2026

ISLAMABAD: The Federal Board of Revenue (FBR) has missed its tax collection target for the period between July 2025 and...

FBR conducts tax awareness outreach session for IWCCI

ISLAMABAD: On the instructions of Chairman FBR, Mr. Rashid Mahmood Langrial the Taxpayers’ Services Wing (TPS) of the Federal Board...

Chinese delegation meets BOI minister, shows interest in minerals, especially copper

ISLAMABAD: Federal Minister for the Board of Investment (BOI), Qaiser Ahmed Sheikh, held a meeting with a delegation from Silkway...

Pakistan targets $60b exports by 2029, says Ahsan Iqbal at Gulfood 2026

DUBAI: Federal Minister for Planning and Development Ahsan Iqbal has said that Pakistan has set an ambitious export target of...

BOI minister, attends luncheon hosted by ‘Rwanda High Commission’

LAHORE: Federal Minister for Board of Investment (BOI), Qaiser Ahmed Sheikh, attended a luncheon on Friday hosted by the High...

Fauji Cement, KAPCO sign SPA to acquire 84.06% stake in Attock Cement Pakistan

ISLAMABAD: Fauji Cement Company Limited informed the Pakistan Stock Exchange that it has entered into a share purchase agreement for...

FBR slashes customs valuation for fibre broadband Wi-Fi terminals

KARACHI: The Federal Board of Revenue (FBR) has announced a major reduction in customs valuation for fibre broadband Wi-Fi routers,...

PM announces Rs4.04 per unit power tariff cut for industry, incentives for exporters

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday announced major relief measures for the industries and exports sectors, including a...

FTO upholds Customs action in EFS export case

ISLAMABAD: The Federal Tax Ombudsman (FTO) on Friday upheld the legality of customs proceedings in a case involving exports under...

PIBT to handle export of Reko Diq’s copper-gold concentrates

KARACHI: Reko Diq Mining Company (RDMC) has signed an agreement with Pakistan International Bulk Terminal Limited (PIBT) for the handling...

SBP’s foreign reserves increase by $13m to 16.1b

KARACHI: Pakistan’s liquid foreign reserves stood at $ 21,293.3 million as of January 23, 2026. According to data shared by...

FBR seizes Bahria Town Tower Karachi in Rs26b tax recovery case

KARACHI: The Federal Board of Revenue (FBR) has stepped up efforts to recover Rs26 billion in outstanding taxes from Bahria...

Pakistan, Saudi Arabia agree to strengthen cooperation in energy, mineral sectors

ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik met with Saudi Arabia Ambassador to Pakistan Nawaf bin Saeed Ahmad Al-Malkiy...

Pakistan repays over Rs3.6 trillion debt before time: Khurram

ISLAMABAD: Adviser to the Finance Minister, Khurram Schehzad has said that Pakistan, for the first time in its history, has...

Aurangzeb reiterates commitment to work closely with SECP

ISLAMABAD: Finance Minister Muhammad Aurangzeb has reiterated the government's commitment to working closely with Securities and Exchange Commission of Pakistan...

FBR deducts Rs2b in taxes from Evacuee Property Board’s account by treating it as business entity