ADB slams Pakistan’s tax system for poor revenue growth

KARACHI: Pakistan has launched its first National Dredging and Marine Services (NDMS) company in collaboration with the Port Qasim Authority,...

Bank statement alone not proof of income, rules Supreme Court

ISLAMABAD: In a landmark judgment, the Supreme Court of Pakistan ruled that a bank statement alone does not constitute proof...

State Bank of Pakistan to launch pilot for digital currency, says governor

KARACHI/SINGAPORE: State Bank of Pakistan (SBP) is preparing to launch a pilot for a digital currency and is finalising legislation...

Pakistan’s oil supply goes digital with OGRA’s track & trace

LAHORE: The Oil and Gas Regulatory Authority (OGRA) has taken a major step toward modernising Pakistan's petroleum sector by launching...

Pakistan & UAE team up for smarter digital future

DUBAI: Pakistan and the United Arab Emirates (UAE) have agreed to increase cooperation on digital reforms and public sector governance....

Pakistan steps into China’s market with first-ever panda bond push

ISLAMABAD/BEIJING: Pakistan has launched a five-day investor roadshow in Beijing as it prepares to issue its first-ever Panda Bond -...

PCJCCI think-tank discusses food processing sector’s potential

LAHORE: The Pakistan-China Joint Chamber of Commerce & Industry (PCJCCI) underscored the vast potential of Punjab’s food processing sector as...

Telenor expands role in climate resilience, disaster preparedness

ISLAMABAD: Telenor Pakistan is expanding its climate communication efforts beyond emergency alerts to support broader disaster preparedness and daily operations,...

Pakistan, Turkiye reaffirm commitment to boost ties, target $5b trade volume

ISLAMABAD: Pakistan and Turkiye reaffirmed their resolve to deepen bilateral cooperation across key sectors, including defence, trade, energy, culture, education,...

CEO & CFO exempted from FBR’s arrest powers

ISLAMABAD: The Federal Board of Revenue (FBR) has been stripped of its controversial powers to arrest the CEO and CFO...

Govt waives all duties, taxes on sugar imports to check price hike

KARACHI: National Food Security Ministry announced that it has decided to waive all duties and taxes on sugar imports to...

High tax termed blow to goods transport sector: LCCI

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) and the Pakistan Goods Transporters Association have jointly urged the federal...

PM calls for joint strategy on sustainable agri reforms

ISLAMABAD: Prime Minister Shehbaz Sharif has said that a comprehensive strategy should be framed in coordination with the provinces for...

Crypto revolution: Pakistan to launch digital asset regulatory authority

ISLAMABAD: The federal cabinet has approved the establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA) - a major step...

FTO directs probe into FBR’s forced online business integration

LAHORE: The Federal Tax Ombudsman (FTO), Dr. Asif Jah, has initiated a formal investigation against the Federal Board of Revenue...

CCOP approves Roosevelt Hotel transaction structure

ISLAMABAD: In a significant advancement of the Government’s privatization agenda, two major decisions were taken by the Privatization Commission Board...

Workers’ remittances increase by 26.6pc to $38.3b in FY 2025

KARACHI: The workers’ remittances increased by 26.6 percent during the fiscal year 2025 as compared to the corresponding period of...

Aurangzeb reaffirms govt’s commitment to consultative policy framework

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, here on Wednesday reaffirmed the government’s commitment to maintaining an...

Meeting of Cabinet Committee on Rightsizing of Federal Govt held