CDNS sets saving inflows target of Rs1.3 trillion for FY2025-26

KARACHI: Port Qasim Electric Power Company Private Limited (PQEPC) has formally requested Finance Minister Senator Muhammad Aurangzeb to facilitate the...

APTMA disputes FBR’s cross-subsidy calculation, calls for competitive industrial

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed disagreement with the Federal Board of Revenue’s (FBR) estimate on...

Punjab to reward whistleblowers for reporting property tax evasion

LAHORE: The Punjab Assembly’s Standing Committee has approved - the Property Tax Amendment Bill 2025 - which introduces a reward...

Profiteering, hoarding of sugar not to be tolerated: minister

ISLAMABAD: Minister for National Food Security & Research, Rana Tanveer Hussain has said that the government is fully committed for...

Petrol prices increased by Rs5.36, per liter, diesel Rs11.37

ISLAMABAD: The government increased the price of Motor Spirit (MS) Petrol by Rs5.36 per liter and high speed diesel (HSD)...

Traders defer strike after govt forms body to allay their concerns

ISLAMABAD: In a key development aimed at defusing tensions with the business community, the federal government on Tuesday agreed to...

Goods transporters announce nationwide strike on July 19

KARACHI: Goods transport associations across Pakistan have announced a complete nationwide wheel-jam strike on July 19, pledging full solidarity with...

FBR empowers provincial officials to seize illicit cigarettes

LAHORE: The Federal Board of Revenue (FBR) has granted new powers to provincial authorities to help stop the illegal trade...

DG Valuation fixes export values for mangoes vide VR No.2/2025

KARACHI: Pakistan Customs has officially notified the export values for mangoes for the current season, setting a fresh benchmark for...

Supreme Court declares FBR recovery notices without due notice as illegal

ISLAMABAD: The Supreme Court of Pakistan has declared the issuance of recovery notices by the Federal Board of Revenue (FBR)...

Pakistan’s cotton imports surpass local output amid policy concerns

ISLAMABAD: Pakistan's cotton and yarn imports have soared to $4.24 billion in fiscal year 2025, crossing the country's domestic production...

IMF ‘objects’ to tax exemption on sugar imports

ISLAMABAD: The International Monetary Fund (IMF) has expressed strong reservations over Pakistan’s decision to grant tax exemptions on sugar imports,...

Pakistan reduces sugar import tender to 50,000 tons amid price surge

KARACHI: Pakistan’s Trading Corporation of Pakistan (TCP) has made a significant change to its sugar import tender. The country has...

Call to enhance cooperation between FCCI & SCCI

ISLAMABAD: Vice President (VC) Faisalabad Chamber of Commerce & Industry (FCCI), Shahid Mumtaz Bajwa, has stressed the need to...

FinMin briefs Moody’s on Pakistan’s stabilizing economy, reform drive