Heavy tax on large-scale manufacturing sector affects exports: Pasha

ISLAMABAD: Islamabad Chamber of Commerce & Industry (ICCI) announced that the chamber will soon convene a traders convention aimed at...

FPCCI applauds FBR’s measures to streamline Karachi port cargo operations

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday lauded the Federal Board of Revenue’s (FBR)...

Pakistan, Denmark reaffirm commitment to deepening economic & development

ISLAMABAD: The newly appointed Ambassador of Denmark to Pakistan Maja Mortensen paid a courtesy call on Federal Minister for Finance...

IHC dismisses Kingdom Valley’s petition in favor of CCP

ISLAMABAD: The Islamabad High Court has dismissed the writ petition filed by Kingdom Valley (Pvt) Limited against the Rs150 million...

Pakistan invites China to mineral investment forum

ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik and Chinese Ambassador Jiang Zaidong on Wednesday reaffirmed the enduring strength of...

Electricity prices likely to drop in Pakistan

ISLAMABAD: Electricity prices are likely to drop on account of monthly fuel cost adjustment in a relief to consumers in Pakistan....

‘Traders cost $200 daily as Afghan-bound goods stranded at Pakistani ports’

KARACHI: Thousands of import shipments bound for landlocked Afghanistan are stranded at Pakistani seaports or border crossings, a business association in...

Pakistan launches first bunkering operations at Karachi Port

KARACHI: Pakistan has launched its first-ever standardised bunkering operations at the Karachi Port, aligning the country’s largest harbor with global maritime...

FTO orders probe into FBR over failure to grant tax return filing extensions

LAHORE: The Federal Tax Ombudsman (FTO) has ordered an inquiry into the Federal Board of Revenue (FBR) for allegedly failing...

FBR issues draft insurance guarantee format for export facilitation scheme

ISLAMABAD: The Federal Board of Revenue (FBR) has released a detailed draft of the insurance guarantee format required under Pakistan’s...

Auto financing surges in Pakistan as SBP releases latest data

KARACHI: The State Bank of Pakistan (SBP) has released fresh figures showing a sharp rise in auto financing across the country,...

Customs foils bid to smuggle 30 kg ICE worth Rs450m from Panjgur

PANJGUR: Customs Enforcement Panjgur has seized 30 kilograms of Ice (crystal methamphetamine) valued at Rs 450 million during an intelligence-based operation...

Peshawar Enforcement seizes smuggled goods worth Rs 27.4m

PESHAWAR: Collectorate of Customs Enforcement Peshawar has seized smuggled goods worth Rs 27.4 million after intercepting two motor vehicles arriving from...

ECC approves key grants for security, defence projects, structural reforms

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet met today at the Finance Division under the chairmanship of Senator Muhammad...

Finance minister highlights Pakistan’s economic reform momentum in meeting with dialog global leadership delegation

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a detailed meeting at the Finance Division with a high-level...

Public Debt declines by over Rs1,371b: Khurram Shahzad

ISLAMABAD: Pakistan’s total public debt has fallen from PKR 80,518 billion during June 2025 to PKR 79,146 billion in September 2025,...

KTBA slams FBR for “chaotic” 2025 return filing, demands justice for taxpayers

KARACHI: The Karachi Tax Bar Association (KTBA) has sharply criticized the Federal Board of Revenue (FBR) for what it called...

Multan Customs seizes smuggled cigarettes worth Rs21.1m in crackdown

MULTAN: Collectorate of Customs Enforcement Multan has seized smuggled cigarettes valued at Rs21.134 million in a series of targeted anti-smuggling...

FBR notifies new SOP for container X-ray scanning in Pakistan