EPBD demands bold monetary action as regional competitors surge ahead

ISLAMABAD: The Federal Minister of Finance and Revenue informed on Monday that Pakistan’s economy has demonstrated clear signs of recovery...

PM Shehbaz decides to continue remittances incentive scheme

KARACHI:PrimeMinister Muhammad Shehbaz Sharif has decided to continue the incentive scheme for the remittances of overseas Pakistanis to Pakistan. He...

FBR assigns addl charge of Member IR Operations to Dr Iqbal

ISLAMABAD:The Federal Board of Revenue (FBR) has officially assigned additional responsibilities to a senior official through a notification issued on...

Expo Centre in Faisalabad need of the hour: FCCI President

FAISALABAD:Faisalabad Chamber of Commerce & Industry ( FCCI) President Rehan Naseem Bharara said that Expo Centre in Faisalabad is the...

Parliamentary panel considers windfall tax on sugar millers amid price hike concerns

ISLAMABAD:A parliamentary panel, led by MNA Atif Khan, is considering the imposition of a windfall tax on sugar millers following...

Govt to slash circular debt with Rs1,275b payment to IPPs this week: report

ISLAMABAD:The federal government is on track to reduce the power sector’s circular debt from Rs2.381 trillion to approximately Rs561 billion,...

Lady Inland Revenue officer demoted over misconduct charges

ISLAMABAD:The Federal Board of Revenue (FBR) has imposed a major penalty on a lady Inland Revenue Officer (IRO) for proven...

Two bank managers abducted in North Waziristan, banks in Miranshah shut in protest

DI KHAN: In a troubling incident in North Waziristan, unidentified individuals abducted the managers of two private banks along with...

FBR recovers Rs7.81b in penalties from non-filers over five years

LAHORE: The Federal Board of Revenue (FBR) has announced a significant achievement in its tax compliance efforts, recovering a total...

OICCI reports improvement in Pakistan’s security landscape

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has released its Annual Security Survey 2025, revealing a marked...

Weekly inflation increases 4.07%: PBS

ISLAMABAD: The Pakistan Bureau of Statistics (PBS) has reported that the weekly inflation in the country increased by 4.07 per...

PM approves formation of modern, digital ecosystem in Federal Board of Revenue

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Saturday granted approval for the formation of a modern and globally standard digital...

SBP introduces easier bank account opening framework

KARACHI: The State Bank of Pakistan (SBP) has introduced a comprehensive framework to simplify the account opening process for individual...

PM approves formation of modern, digital ecosystem in FBR

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Saturday granted approval for the formation of a modern and globally standard digital...

FBR cancels Engro Fertilizer’s tax exemption, sparking industry backlash

KARACHI: The Federal Board of Revenue (FBR) has cancelled the tax exemption certificate earlier granted to Engro Fertilizer Limited for...

PM approves Pakistan’s first Skills Impact Bond to make youth employable

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has approved Pakistan’s first Skills Impact Bond – a modern model that will attract...

ECC advances economic agenda with key approvals in industry, housing, telecom, environment

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet deliberate on a range of important agenda items concerning industrial growth, environmental...

World Bank pledges stronger support for Pakistan’s reform efforts

ISLAMABAD: World Bank’s Vice President for the Pakistan Region Osman Dayon reaffirmed the Bank’s commitment to supporting Pakistan’s development priorities...

FBR mismanagement causes Rs397b loss, says PAC subcommittee