Remittances cross $3.21b in July, maintain monthly $3 billion mark

KARACHI: Pakistan Refinery Limited (PRL) is set to import its first shipment of Nigerian Bonny Light crude from Vitol in...

Jazz invests Rs25.5b, records 17.7% growth in H1 2025

ISLAMABAD: Jazz, Pakistan’s leading digital operator, invested Rs. 25.5 billion in the first half of 2025 and recorded a robust...

Beneficiaries of old system malign faceless customs system to secure its roll back

ISLAMABAD: Pakistan Customs has gradually expanded the scope and coverage of its Faceless Customs Assessment (FCA) to facilitate trade and...

PM for action plan to achieve $30b IT exports target in coming years

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday appreciating the achievement of the previous year’s IT export target of $3.8...

FBR’s IRIS portal experiences outages, taxpayers urged to file early

ISLAMABAD: Taxpayers are once again facing difficulties with the Federal Board of Revenue’s (FBR) online portal, IRIS, as users report...

Wajid Ali posted as Member Customs Operations

ISLAMABAD: Federal Board of Revenue (FBR) posted Wajid Ali (BS-22) who is currently serving as Member Customs Policy as Member...

World Bank set to approve $600m for Pakistan’s inclusive development program

ISLAMABAD: The World Bank is poised to approve a $600 million loan for Pakistan’s “Public Resources for Inclusive Development Multiphase...

HBL & SEDF forge strategic partnership to drive SME growth in Sindh

KARACHI: HBL & Sindh Enterprise Development Fund (SEDF) signed a Memorandum of Understanding (MoU) to formalise a strategic partnership to...

FBR transfers 38 PCS officers to different stations

ISLAMABAD: Federal Board of Revenue (FBR) issued notification for transfers and postings of following officers of Pakistan Customs Service (PCS)...

7th Agricultural Census 2024: “Integrated Digital Count” unveiled

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal officially launched the results of the 7th Agricultural...

Govt’s efforts to bring down dollar rate falter as market forces push back: report

LAHORE: A crackdown on dollar smugglers has resulted in a minor depreciation of the greenback against the Pakistani rupee. However,...

PCA is ‘functionally weak with less strength’: Chief Collector Jamil Nasir

KARACHI: The Chief Collector of Customs Appraisement South, Jamil Nasir, has challenged the credibility of the Directorate of Post Clearance...

Appraisement South strongly rejects report about under-invoicing in import of luxury vehicles

KARACHI: Collectorate of Customs Appraisement South strongly refutes the misleading claims recently published in a section of the media regarding...

Trade deficit rises by 16pc to $2.75b in July 2025

KARACHI: Pakistan's trade deficit rose by 16% in July 2025, reaching a two-and-a-half-year high of $2.75 billion. According to a...

SECP records highest-ever company registrations in July 2025

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has achieved a historic milestone by registering a record 4,065 companies...

AD Ports Group expands its presence in Pakistan with new Islamabad office

ISLAMABAD: Abu Dhabi’s AD Ports Group took another step in its strategy of expanding internationally by opening its first representative...

FBR introduces new mode of probing cases of tax evasion to win traders’ trust

ISLAMABAD: In an effort to restore the confidence of the business community, the Federal Board of Revenue (FBR) has introduced...

Pakistan’s food import bill hits record $8.14b in FY25

ISLAMABAD: Pakistan’s food import bill reached a record $8.14 billion in fiscal year 2024-25, up 3% from $7.90 billion in...

FBR silently removes MFA for tax consultants & sales taxpayers