Pakistan expects financial close for Reko Diq project within two weeks

27/11/2025

ISLAMABAD: Prime Minister Shehbaz Sharif has approved a disciplinary penalty against a senior BS-20 Inland Revenue Service (IRS) officer after...

Pakistan consumes up to 90,000 kgs of gold annually, says CCP study

27/11/2025

KARACHI: Pakistan’s gold consumption has reached up to 90,000 kilograms annually, with demand valued between $8 billion and $12 billion,...

FBR hails SC’s decision on confiscation of vehicle for transporting smuggle goods

27/11/2025

ISLAMABAD: The Federal Board of Revenue has hailed the Supreme Court of Pakistan’s decision on confiscation of a vehicle used for...

Extension in return filing: FTO orders FBR to clear all pending requests in 3 days

LAHORE: The Federal Tax Ombudsman (FTO) has issued strict instructions to the Federal Board of Revenue (FBR) to ensure that...

Gold market plagued by informality, price manipulation; CCP proposes major reforms

LAHORE: Pakistan’s gold market remains largely undocumented, opaque and vulnerable to price manipulation, according to a new assessment study released by...

FoodAg Pakistan 2025; 3rd edition opens with strong global participation

ISLAMABAD: The 3rd Edition of FoodAg Pakistan 2025 opened with an exceptional response from exhibitors, international buyers, and global trade...

DG Valuations lowers customs values of nylon yarn vide VR No.2025/2025

KARACHI: The Directorate General of Customs Valuation issued Valuation Ruling No. 2025/2025, which supersedes Valuation Ruling No. 1473/2020 dated September...

Investing in people imperative to attain sustainable, long-term inclusive growth: Governor SBP

KARACHI:Governor State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday called upon the local trade and businesses to invest in...

Ogra recommends reduction in SNGPL, SSGC gas prices for FY2025

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) recommended a reduction in natural gas tariffs for consumers, proposing a 3%...

FBR crackdowns on doctors & beauty salons to expand tax net

ISLAMABAD: The Federal Board of Revenue (FBR) has initiated a strict audit of professionals in a major move to broaden...

Barrick committed to Reko Diq copper project, says interim CEO

ISLAMABAD: Barrick Mining Corp remains committed to its Reko Diq copper mine in Pakistan, one of the world’s largest undeveloped deposits...

All LTOs, MTOs, CTOs, RTOs to remain open on Saturday

ISLAMABAD: The Federal Board of Revenue (FBR) announced on Wednesday that all the Large Taxpayer’s Offices (LTOs), Medium Taxpayer’s Offices (MTOs),...

Govt, OGDCL, Milbank review advancements in energy, resources sectors

ISLAMABAD: A meeting was held between the Federal Minister for Petroleum, Ali Pervaiz Malik, the Managing Director of Oil & Gas...

ADB approves additional $48m loan for Pakistan

MANILA: The Asian Development Bank (ADB) has approved an additional $48 million loan for the Balochistan Water Resources Development Sector Project...

IMF urges Pakistan to strengthen tariff governance, reduce discretionary exemptions

ISLAMABAD: IMF urges Pakistan to strengthen tariff governance, reduce discretionary exemptions The International Monetary Fund (IMF) in its Governance and...

FBR holds tax filing training session for Marriott Hotel staff

ISLAMABAD: After the directives of FBR Chairman Rashid Mahmood Langrial and under the supervision of the Member Taxpayers’ Facilitation (TPS) Wing,...

LCCI, RUDA to form joint committee to resolve industrial issues

LAHORE: Lahore Chamber of Commerce & Industry (LCCI) and Ravi Urban Development Authority (RUDA) will constitute a joint committee to resolve...

Soya bean, palm oil imports grew by 12.99pc & 29.37pc in four months

ISLAMABAD:The imports of edible oil, including soya bean and palm into the country during the first four months of the...

Quetta Enforcement seizes non-custom paid vehicles worth Rs81m