FBR to suspend or blacklist sales taxpayers who deny access to business premises

MULTAN: Pakis0tan’s state-run Trading Corporation of Pakistan (TCP) has reportedly concluded purchases of around 55,000 metric tons of white sugar...

PIA swings from heavy loss to Rs26b profit, but holding company takes Rs47b hit

ISLAMABAD: Pakistan International Airlines (PIA) has gone from drowning in a Rs104 billion loss last year to raking in a...

PM Shehbaz performs groundbreaking of China-backed special economic zone

ISLMABAD: Prime Minister Shehbaz Sharif on Friday inaugurated a Special Economic Zone (SEZ) to be developed by a Chinese textile...

Moody’s upgrade underscores Pakistan recovery: SBP Governor

KARACHI: Pakistan's central bank said on Thursday recent credit rating upgrades underscored the country's improving macroeconomic outlook, as Governor Jameel...

PM Shehbaz, Chinese group agree to expand economic cooperation

ISLAMABAD: Prime Minister Shehbaz Sharif met a delegation from Chinese garments company Challenge Fashion Private Limited and agreed to deepen...

FBR misses deadline for court-ordered automated tax refund system

ISLAMABAD: The Federal Board of Revenue (FBR) has yet to roll out the automated income tax refund system ordered by...

Moody’s upgrades Pakistan’s ratings to Caa1; changes outlook to stable from positive

ISLAMABAD: Moody’s Ratings (Moody’s) upgraded the Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa1 from...

SBP extends banking hours for Hajj 2026 applications this Saturday

KARACHI: The State Bank of Pakistan (SBP) has announced that authorized branches of 14 designated banks across the country will...

FBR gets power to access internet, call data in tax cases

ISLAMABAD: The Federal Board of Revenue (FBR) has been granted sweeping new powers to access citizens’ internet usage data and...

Pakistan, US vow to boost trade & investment

ISLAMABAD: The Chargé d’Affaires of the Embassy of the United States of America, Ms. Natalie Baker here on Friday called...

DG Valuation revises customs values on import of iron & steel scrap vide VR No 561/2025

KARACHI: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of Iron & Steel Scrap...

Finmin optimistic on policy rate cut

ISLAMABAD: Finance Minister Muhammad Aurangzeb signalled potential easing of Pakistan's policy rate later this year, noting slowing inflation and stable...

Moody’s rating boost signals economic progress: Khurram Shehzad

ISLAMABAD: Advisor to the Finance Minister Khurram Schehzad here on Wednesday congratulated the nation on the upgrade of the country’s...

ECC approves key economic measures including industrial estate

ISLAMABAD: The Economic Coordination Committee (ECC) on Wednesday approved key economic measures including industrial estate at PSM land, leather export...

SBP releases maiden Monetary Policy Report explaining the decision to pause policy ease

KARACHI: The State Bank of Pakistan (SBP) released its first Monetary Policy Report (MPR), explaining the reasons which the Monetary...

10pc GST levied on goods of erstwhile FATA, PATA, NA told

ISLAMABAD: Minister of State for Finance Bilal Azhar Kayani told the National Assembly on Tuesday that a 10 per cent...

Govt collects record Rs1.2 trillion from petroleum levy in FY2024-25

13/08/2025

ISLAMBAD: The Ministry of Finance has released its fiscal report revealing that the government collected Rs 1,220.21 billion in petroleum...

Audit reveals loss of Rs360m worth of tablets in KP education department

13/08/2025

PESHAWAR: An official audit has uncovered that over 13,000 computer tablets, worth more than Rs360 million, are missing from the...

Passenger car sales surge 22pc YoY in July, slump 60pc MoM