IMF seeks briefing on $7.7b Reko Diq project as Pakistan nears financial close: report

LAHORE: The Lahore Tax Bar Association (LTBA) has formally raised concerns regarding errors detected in the electronic income tax return...

Pak-Afghan trade resumes through Angoor Adda crossing point after 2 years

ISLAMABAD: Bilateral trade between Pakistan and Afghanistan has resumed through Angoor Adda crossing point, as border terminal has become operational...

ECC approves key supplementary grants and trade facilitation measures

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved a draft Statutory Regulatory Order (SRO) as proposed by the...

FBR detects tax evasion scam worth Rs384m at Jinnah Int’l Airport

KARACHI: The Federal Board of Revenue (FBR) has uncovered a massive fraud at Jinnah International Airport (JIAP) in Karachi, where...

SBP to route all government payments through Raast by end of FY26

KARACHI: The State Bank of Pakistan (SBP) has announced plans to route all government payments through Raast, the country’s instant...

FinMin Aurangzeb stresses private sector–led growth, structural reforms at PBS

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, delivered the keynote address at the Pakistan Business Summit held...

PRBC delegation, commissioner hint at JVs to boost economy

KARACHI: A delegation of the Pakistan Romania Business Council (PRBC) met Commissioner Karachi, Syed Hassan Naqvi, to discuss ways of...

Uzbek envoy sees huge potential in Pakistan-Uzbekistan trade

LAHORE: Ambassador of Uzbekistan to Pakistan Alisher Tukhtaev has said that there is immense potential for enhancing bilateral trade and...

Taxpayers panic over missing FBR assessment order

LAHORE: This year, taxpayers across the country have been left puzzled by a noticeable delay in the issuance of Real-Time...

FBR imposes additional 40pc regulatory duty on imported cars

ISLAMABAD: The Federal Board of Revenue (FBR) has announced a significant policy move by imposing an additional 40% regulatory duty...

LCCI welcomes extension in tax return filing deadline

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) has welcomed the government’s decision to extend the deadline for filing income...

Inflation rises sharply by 2pc in September

ISLAMABAD: Inflation in the country has increased sharply by 2 per cent to reach an annual rate of 5.6 per...

Pakistan pitches multibillion-dollar rail projects to boost regional trade at Abu Dhabi summit

ABU DHABI: Minister of State for Finance and Railways Bilal Azhar Kayani pitched multibillion-dollar upgrades of two national rail corridors...

Tax authorities hint action against defaulters, evaders soon

KARACHI: The Chief Commissioner Regional Tax Office-1 (RTO-1) Qazi Hifz ur Rehman, stressing on fair submission of returns along with...

Pakistan’s public debt swells by 13pc to Rs80.5 trillion in FY2025

ISLAMABAD: Pakistan’s total public debt increased by 13% in fiscal year 2025, reaching Rs80.5 trillion, despite efforts by the Finance...

IDB approves $475m for M-6 Sukkur-Hyderabad motorway project

ISLAMABAD: The Islamic Development Bank (IsDB) has approved a $475 million financing package for the M-6 Sukkur-Hyderabad motorway project, aiming...

Attorney General clarifies FTO’s jurisdiction on tax assessment, goods classification

ISLAMABAD: Attorney General of Pakistan, Mansoor Usman Awan, informed the Senate Standing Committee on Finance and Revenue on Wednesday that...

Goods transporters reject fuel price hike, announce 3% fare increase

KARACHI: The Pakistan Goods Transport Alliance has rejected the recent increase in petroleum product prices, declaring it unacceptable. Alliance President...

Pakistan officially begins commercial import of used vehicles