Pakistan’s exports to Afghanistan increase by 38.68Ppc to $773.892m in FY 2024-25

LAHORE:The Competition Commission of Pakistan (CCP) has made significant progress in reducing its legal backlog and recovering penalties, marking a...

Petrol prices likely to drop by Rs9 in Pakistan

ISLAMABAD:Petrol prices are likely to see a whooping decrease in upcoming fortnightly review for August 2025. Sources said the federal...

SBP keeps policy rate unchanged at 11pc

KARACHI: The State Bank of Pakistan (SBP) has decided to maintain the policy rate at 11 percent, disappointing investors and...

PM reaffirms Pakistan’s strong partnership with World Economic Forum

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday reaffirmed Pakistan’s strong and longstanding partnership with the World Economic Forum and appreciated...

FBR proposes major amendments to customs rules, eyes streamlined trade

ISLAMABAD:The Federal Board of Revenue (FBR) has published a draft notification, S.R.O. 1359(I)/2025, proposing significant further amendments to the Customs...

FBR’s policy shift: Late-filers now achieve active status in hours

ISLAMAAD:In a surprising and unannounced development, the Federal Board of Revenue (FBR) has quietly modified its system, now allowing non-filers...

FBR notifies option to pay duties after assessment for early GDs

ISLAMABAD:The Federal Board of Revenue (FBR) has issued a new statutory regulatory order, SRO 1360(I)/2025, introducing a key procedural change...

IMF forecasts 3.6pc GDP growth for Pakistan in FY26

KARACHI: The International Monetary Fund (IMF) has forecast Pakistan’s economic growth at 3.6% for the ongoing fiscal year 2025–26, falling...

Reform with Resolve: Pakistan updates diplomats on economic and sectoral progress

ISLAMABAD: Federal Minister for Power, Sardar Awais Ahmad Khan Leghari, and the Minister of State for Finance, Mr. Bilal Azhar...

Pakistan, US move closer to trade agreement as Aurangzeb visits Washington

LAHORE:Pakistan and the United States are making strides toward finalizing a comprehensive trade agreement, with Finance Minister Muhammad Aurangzeb currently...

Pakistan, Afghanistan agree to reopen Angoor Adda crossing to boost trade

PESHAWAR:Pakistan and Afghanistan have reached an understanding to reopen the Angoor Adda border crossing in South Waziristan, a key trade...

PNSC receives LoIs from KPT & PQA for fleet enhancement initiatives

KARACHI:The Pakistan National Shipping Corporation (PNSC) has officially announced the receipt of Letters of Intent (LOIs) from Karachi Port Trust...

FBR reconstitutes committee for sales tax integration licensing

ISLAMABAD: The Federal Board of Revenue (FBR) has officially reconstituted the committee responsible for evaluating applications related to the integration...

FBR notifies guidelines for changing personal details on IRIS

ISLAMABAD:The Federal Board of Revenue (FBR) has released comprehensive guidelines for taxpayers seeking to change or update their personal details...

SECP unveils road-map for reducing settlement cycle to one day

ISLAMABAD:The Chairman of the Securities and Exchange Commission of Pakistan (SECP) has announced February 9, 2026 as the implementation date...

Interest rate must be brought down to single digit for economic survival: SCCI

SUKKUR:Sukkur Chamber of Commerce and Industry (SCCI) President Muhammad Khalid Kakezai on Tuesday has emphasized that bringing down the interest...

CDNS sets annual target of Rs55b in Islamic investment for FY, 2025-26

ISLAMABAD:The Central Directorate of National Savings (CDNS) has set an annual target of Rs 55 billion investment in Islamic finance...

Pakistan, Kyrgyzstan vow to revive trade ties

ISLAMABAD: Pakistan and Kyrgyzstan have signed multiple protocols and Memorandums of Understanding (MoUs) during the 5th Session of the Pakistan-Kyrgyzstan...

PAC grills FBR, industry ministry over sugar crisis