Tax filing momentum builds: Over 87,000 returns filed in just two days
LAHORE: While the deadline has now been extended until October 15, tax professionals emphasize that sustained system stability and adequate...
Petrol prices raised by Rs4.07, diesel by Rs4.04 per litre
ISLAMABAD: The government has raised the prices of petroleum products, with both petrol and high-speed diesel witnessing an upward adjustment....
Pakistan repays $500m Eurobond, maintains steady debt servicing amid improved outlook
ISLAMABAD: Pakistan has successfully repaid its $500 million International Bond (Eurobond) that matured on September 30, 2025, in line with...
Pakistan seeks to lure US investment after Trump’s pivot
ISLAMABAD: Pakistan and the US are deepening cooperation in energy, mining and technology sectors, with Islamabad planning an investor conference...
IMF gives deadline until 2031 to completely eliminate circular debt
ISLAMABAD: Crucial decisions have emerged from the ongoing economic negotiations between the Government of Pakistan and the International Monetary Fund...
Pakistan’s economy rebounds as remittances hit $6.35b
KARACHI: Pakistan's economy showed signs of improvement as remittances rose by 7% between July and August 2025, reaching $6.35 billion....
FBR extends tax return filing deadline to Oct 15
ISLAMABAD: The Federal Board of Revenue (FBR) has officially extended the deadline for filing income tax returns for the tax...
No new taxes to cover revenue shortfall, says Finance Minister
ISLAMABAD: Finance Minister Muhammad Aurangzeb has made it clear that the government will not slap extra taxes on the people...
FBR misses revenue target by Rs199bn in first quarter of FY2025
ISLAMABAD: The Federal board of Revenue (FBR) recorded a revenue shortfall of Rs199 billion during the first quarter of the...
Punjab intensifies action against wheat hoarders amid price hike in Sindh
FAISALABAD: The Punjab Food Department recovered 1,374 metric tons of illegally hoarded wheat during inspections of 10 rice mills in...
Pakistan offers 1,000 acres to Turkiye for Export Processing Zone in Karachi
KARACHI: Pakistan has offered 1,000 acres of land free of cost to Turkiye for the establishment of a dedicated Export...
FBR asks Power Division to set up 40MW grid station at Chaman border
ISLAMABAD: The Federal Board of Revenue (FBR) has requested the Power Division to establish a 40MW grid station at the...
WCCIS annual meeting highlights women’s economic empowerment
SIALKOT: The Women Chamber of Commerce and Industry Sialkot (WCCIS) held its Annual General Meeting (AGM) at the Sialkot Chamber...
Pakistan launches sovereign sustainable financing framework
ISLAMABAD: Pakistan has launched its Sovereign Sustainable Finance Framework, aimed at strengthening the country’s commitment to sustainability while setting out...
Sustained reforms, disaster resilience key to continued economic growth: ADB
ISLAMABAD: Pakistan’s improved macroeconomic conditions contributed to an uptick in growth in fiscal year 2025 (ended 30 June 2025), underpinned...
FTO appoints honorary advisers
LAHORE: The Federal Tax Ombudsman of Pakistan has appointed Sohail Altaf, Group Leader and Former President of Rawalpindi Chamber of...
IMF demands zero rise in power sector circular debt
ISLAMABAD: Crucial negotiations were held between a delegation of the International Monetary Fund (IMF) and Pakistani officials regarding the power...
China to fund 85pc of Karakoram Highway realignment, supports multilateral financing for ML-1 project
BEIJING: China will provide 85% financing for the realignment of the Karakoram Highway and has endorsed Islamabad’s plan to seek...
CDNS collects Rs10b in Islamic investment in first quarter of FY, 2025-26
ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved the annual target of Rs 10 billion in investment in...
Pakistan, UNICEF to cement cooperation for sustainable development
ISLAMABAD: Pakistan and the United Nations Children's Fund have reiterated their resolve to further strengthen cooperation for sustainable development. The...
