FBR amends income tax rules to include AJK, GB taxpayers in Active Taxpayer List

KARACHI: Bank lending to Pakistan’s private sector declined by 79% to Rs395 billion from July to December 2025, compared to...

Pakistan’s economy set to grow 3.5pc in 2026, despite external risks, says UN report

KARACHI: Pakistan’s economy is projected to grow by 3.5% in 2026, driven by the continued implementation of the IMF reform...

ANF seizes 63.18 kg of drugs worth over Rs17.4m in nationwide raids

RAWALPINDI: The Anti-Narcotics Force (ANF) has carried out a crackdown against drug smuggling around educational institutions and in various cities...

FBR revises policy, shortens condonation period for registered taxpayers

ISLAMABAD: In a policy move affecting registered taxpayers, the Federal Board of Revenue (FBR) has reduced the maximum period for...

FBR can transfer sales tax registration to another office

ISLAMABAD: The Federal Board of Revenue (FBR) has the authority to transfer a registered person’s sales tax registration from one...

Value addition of raw material imperative to promote exports: FCCI president

FAISALABAD: President Faisalabad Chamber of Commerce & Industry (FCCI) Farooq Yousaf Sheikh said that fundamentally Faisalabad is an agrarian economy...

Lahore Customs Enforcement posts Rs18.25b seizures in 2025 against Rs5.14b in 2024

LAHORE: The Collectorate of Customs Enforcement has set a new benchmark in anti-smuggling enforcement, registering an unprecedented surge in both...

Pakistan, Indonesia sign MoU on Joint Trade Committee to deepen economic partnership

ISLAMABAD: Pakistan and Indonesia further strengthened their economic partnership with the signing of a Memorandum of Understanding (MoU) on the...

SMEDA to host first ‘Made in Pakistan’ SME cluster expo this month

LAHORE: Pakistan will host first ‘Made in Pakistan: SME Cluster Showcase Expo 2026’ - a landmark exhibition which aims to...

KP traders warn of nationwide protests against FBR policies

PESHAWAR: Trader bodies in Khyber Pakhtunkhwa have strongly criticized the Federal Board of Revenue (FBR) for policies they say are...

SBP focuses on collateral-free, cash-flow-based financing

LAHORE: The Lahore Chamber of Commerce and Industry organised the SME Finance and Banking Expo with the objective of providing...

Peshawar Enforcement impounds smuggled cigarettes & vehicle worth Rs48m

PESHAWAR: Collectorate of Customs Enforcement Peshawar, in an intelligence-based operation, conducted during the early hours of Thursday, seized a large...

FCCP adjourns hearing of super tax case for Jan 12

ISLAMABAD: The Federal Constitutional Court of Pakistan on Friday adjourned the hearing of a set of petitions related to the...

Smaller Pakistani banks among top return performers in Asia-Pacific: S&P Global

ISLAMABAD: Smaller Pakistani banks delivered some of the highest total returns to investors across the Asia-Pacific region in 2025, buoyed...

Karachi Port inaugurates terminal; first ferry to depart for Chabahar on Jan 20

KARACHI: Karachi Port has inaugurated its first ferry terminal, marking a new chapter in maritime connectivity with Iran. The first...

FBR preparing plan to rationalise taxes on mobile phone imports

ISLAMABAD: The Federal Board of Revenue (FBR) is working on a comprehensive plan to rationalise duties and taxes on the...

Cabinet allows overseas Pakistanis to import used vehicles

ISLAMABAD: The federal cabinet has endorsed the Economic Coordination Committee’s (ECC) decision to allow overseas Pakistanis to import up to...

SBP records 17pc growth in foreign remittances

KARACHI: Pakistan received $3.6 billion in overseas workers’ remittances in December 2025, showing a strong 17% year-on-year (YoY) growth and...

Pakistan’s Islamic finance sector gains momentum, CDNS nears annual target midway through FY 2025-26