NLC commences Pakistan-Gulf-China Vessel Service

ISLAMABAD: Leading logistics and business companies of Pakistan and China agreed to establish a China–Pakistan Joint Business Consortium to develop a...

Sindh defers 45pc agriculture income tax for one year, restores 15pc rate through new ordinance

KARACHI: The Sindh government has postponed the implementation of up to 45% agriculture income tax for one year and restored...

SBP foreign reserves uptick by $16m

KARACHI: The State Bank of Pakistan (SBP) on Thursday apprised that its foreign reserves increased by $16 million. According to...

Amin Khan Lodhi appointed as Deputy Governor SBP

KARACHI: Amin Khan Lodhi has been appointed as Deputy Governor of the State Bank of Pakistan (SBP). The SBP has...

Pre-bidders refuse to pay FBR taxes and CAA dues in PIA privatization process

ISLAMABAD: Pre-qualified bidders for the privatization of Pakistan International Airlines (PIA) have refused to pay outstanding dues owed to the Federal...

Canada, Pakistan agree to strengthen bilateral economic, trade cooperation

ISLAMABAD: Canada and Pakistan agreed to strengthen bilateral trade and investment cooperation in potential sector of economy. His Excellency, Tarik...

FBR achieves record 10.3pc tax-to-GDP ratio during FY2024-25

ISLAMBAD: The Federal Board of Revenue (FBR) announced that Pakistan’s tax-to-GDP ratio surged to 10.3% in the fiscal year 2024–25...

FBR reports strong FY25 tax collection despite India tensions & global conflicts

ISLAMABAD: The Federal Board of Revenue (FBR) has reported a strong performance in Pakistan’s federal tax collection during fiscal year...

Petrol prices likely to rise by up to Rs2.50 per litre from November 1

ISLAMABAD: Petrol prices in Pakistan are likely to increase by up to Rs2.50 per litre for the next fortnight, sources...

Cement bags without tax stamp to be banned from Nov 1 across Pakistan

LAHORE: The government continues to tighten the noose around those evading tax, and now it has decided to stamp out...

Pakistan, UAE discuss bilateral cooperation in date sector

ISLAMABAD: National Food Security ministry hoped its proposed collaboration with the UAE would result in establishing modern processing plants and increasing...

Taftan Customs foils bulletproof glass smuggling

TAFTAN: Collectorate of Customs Appraisement Taftan has foiled a major attempt to clear bulletproof automotive glass through forged documents and...

Khurram Schehzad hints 100pc digitization of govt transactions by end FY26

KARACHI: The Advisor to Federal Finance Minister, Khurram Schehzad emphasized that government is vigorously working on the digitization of the...

Govt likely to ban import of 3-year-old used cars by expats to curb misuse, hawala transactions

ISLAMABAD: The federal government has plans to restrict the import of three-year-old used vehicles under the overseas Pakistani schemes to...

IMF board likely to approve $1.2b tranche for Pakistan by December

KARACHI: The International Monetary Fund (IMF) is expected to hold its board meeting by December 2025 to approve the release...

Govt mulls imposing flood levy to rebuild flood-affected areas

ISLAMABAD: The federal government is considering the imposition of a flood levy to help rebuild flood-affected areas, with the International...

CDNS achieves Rs350 savings inflows by October 27 , FY 25-26

KARACHI: The Central Directorate of National Savings (CDNS) has achieved a target of Rs 350 billion in savings inflows of the...

CCP approves PEL’s acquisition of stakes in PKP Group Companies

29/10/2025

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved three separate merger applications submitted by Petroleum Exploration (Private) Limited (PEL) for...

Smuggling attempt of 25 kg silver foiled