NJPMC directs division benches to hear tax, financial cases in High Courts

ISLAMABAD: Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, chaired a high-level meeting of the Cabinet Committee on the...

President calls for promoting trade, investment ties with Czech Republic, Ukraine

ISLAMABAD: President Asif Ali Zardari called for promoting Pakistan’s trade and investment relations with Czech Republic and Ukraine as Pakistan’s...

Public feels heat as sugar prices hit Rs200 per kg despite import decision

ISLAMABAD: The sugar price crisis in Pakistan continues to spiral out of control, with rates touching a record high of...

Finance ministry sounds alarm over Rs5.9 trillion in govt losses

ISLAMABAD: The latest report from the Ministry of Finance shows that losses in more than 15 government-owned companies have crossed...

FBR harassing exporters on baseless tax evision allegations: FTO

ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly criticized the Federal Board of Revenue (FBR) for harassing exporters by arbitrarily...

FBR rules out withdrawal of law disallowing 50pc expenses on large cash sales

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has firmly stated that the government will not withdraw the...

FBR tightens noose around terminal operators

KARACHI: The Federal Board of Revenue (FBR) has launched a comprehensive monitoring framework for terminal operators operating at sea ports,...

Pakistan, Russia eye freight train launch in August

MOSCOW: A top Russian official described Pakistan as an "important partner" in the region's economic and energy development and called...

Passenger car sales jump 74pc in June

ISLAMABAD: Passenger car sales in Pakistan witnessed a 38% year-on-year increase in June 2025, according to Pakistan Automotive Manufacturers Association's...

Elon Musk expected at starlink Pakistan launch later this year

LAHORE: Starlink, the global satellite internet venture by SpaceX, is preparing to officially launch services in Pakistan by late 2025,...

BAJK, i-Consult Consortium sign agreement for CBS implementation

AZAD KASHMIR: In a major step toward digital transformation and financial modernization, the Bank of Azad Jammu and Kashmir (BAJK)...

Economic development impossible without modernizing outdated system: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said that the transformation of the outdated system into a modern, digital, and...

US stresses stronger economic ties with Pakistan, highlights mineral sector opportunities

WASHINGTON: The United States has once again emphasized the importance of strengthening economic cooperation with Pakistan, with a special focus...

Aurangzeb calls for population-based NFC allocations

ISLAMABAD: Finance Minister Muhammad Aurangzeb has urged that population size and human development indicators should become key criteria in how...

Tax advisors challenge FBR’s QR scan system, citing compliance hardships

KARACHI: Tax advisors and consultants have formally approached the Federal Board of Revenue (FBR) to express strong reservations against its...

FBR’s new PIN system creates impossible hurdle for non-resident taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR) has recently introduced significant amendments to the income tax return filing process, as...

Pakistan, EU sign €20m deal to boost governance and business climate

ISLAMABAD: Pakistan and the European Union (EU) have signed a €20 million grant agreement to support improved governance and a...

Pakistan’s foreign reserves cross $20b after strong official inflows

KARACHI: Pakistan’s foreign exchange reserves jumped sharply during the week ending July 4, 2025, following a sizable injection of official...

Pakistan, Vietnam PTA within 2025, for sustainable trade growth