Google eyes Pakistan as emerging export hub, says FinMin Aurangzeb
KARACHI: Federal Finance Minister Muhammad Aurangzeb has said that Google plans to make Pakistan an export hub. Addressing the Future...
Pakistan cancels Eni LNG cargoes, seeks to renegotiate Qatar supplies
KARACHI: Pakistan has struck a deal to cancel 21 liquefied natural gas (LNG) cargoes under its long-term contract with Italy's...
SBP imposes Rs1.5b penalty on NBP over counterfeit bank notes
KARACHI: The State Bank of Pakistan (SBP) has imposed hefty penalties totaling nearly Rs1.5 billion on the National Bank of...
Allied Bank, Meezan Bank, American Lyceum among 77 sealed in Lahore
LAHORE: The Lahore Development Authority (LDA) sealed 77 illegal commercial buildings and premises that defaulted on commercialisation fees in LDA-controlled...
Pakistan’s cotton output projected to fall by 10-15% in 2025-26 despite early season gains
MULTAN: Pakistan’s cotton production for the 2025-26 season is expected to decline by 10-15% compared to the previous year, despite...
FBR blunder sparks confusion over manual tax return filing rules
ISLAMABAD: Federal Board of Revenue (FBR) has proposed making electronic filing of income tax returns mandatory for all individuals, effectively phasing...
FBR allows taxpayers to file 2025 returns till Nov 15
ISLAMABAD: The Federal Board of Revenue (FBR) has officially announced that taxpayers who missed the October 31 deadline can now...
RCCI welcomes govt’s Roshan Maishiat package as a landmark step for economic revival
RAWALPINDI, November 04 (APP):The Rawalpindi Chamber of Commerce and Industry (RCCI) on Tuesday lauded the government’s Roshan Maishiat package and...
FBR clarifies criteria for active taxpayer status for 2025
ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that the determination of taxpayers’ active status for 2025 will be...
Minister announces three new ports to boost Pakistan’s blue economy
KARACHI: Federal Minister for Maritime Affairs Junaid Anwar Chaudhry has unveiled plans to build three new ports in Pakistan to give...
Aurangzeb calls blue economy a game changer for Pakistan’s economy
KARACHI: Federal Finance Minister Mohammad Aurangzeb emphasized that the blue economy would act as a game changer for Pakistan’s economy. Speaking...
Banks disburse Rs2.58tr in agricultural loans during FY25
KARACHI: Pakistan’s banking sector disbursed a total of Rs2.58 trillion in agricultural loans during the fiscal year 2024-25, surpassing its...
Karachi Enforcement foils attempt to smuggle diesel via sea route
KARACHI: The Marine Unit of the Collectorate of Customs (Enforcement), Karachi has successfully foiled an attempt to smuggle Iranian-origin High-Speed...
CCP issues Competition assessment study of steel sector in Pakistan
ISLAMABAD: T he Competition Commission of Pakistan (CCP) has released a report titled “Competition Assessment Study of the Steel Sector in...
FTO rules no prior notice needed for adjusting sales tax dues
LAHORE: The Federal Tax Ombudsman (FTO) has ruled that tax authorities are not required to issue any prior notice or...
KTBA blasts FBR for denying tax deadline amid IRIS chaos
KARACHI: The Karachi Tax Bar Association (KTBA) has strongly criticized the Federal Board of Revenue (FBR) for its uncompromising stance...
Port Qasim set for major modernization to drive $10b revenue goal
KARACHI: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, announced on Monday that Port Qasim is set to undergo...
PM Shehbaz praises FBR for record 5.9m tax returns
ISLAMABAD: Prime Minister Shehbaz Sharif lauded the Federal Board of Revenue (FBR) for achieving a record 5.9 million income tax returns...
Multan Customs foils Rs.15.54m smuggling attempt
MULTAN: Collectorate of Customs Enforcement successfully intercepted a Bedford truck laden with high-value smuggled goods on Kot Addu Road near Qasba...
Junaid Anwar unveils five-point strategy to boost Pakistan’s maritime economy
KARACHI: Federal Minister for Maritime Affairs Junaid Anwar Chaudhry announced a comprehensive five-point strategy aimed at transforming Pakistan’s maritime sector...
