Interest rate may drop soon, but SBP holds the key: Muhammad Aurangzeb

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday said that expanding the tax base and reducing the burden of taxes...

Pakistan-Afghanistan trade nears $1b in first half of 2025

PESHAWAR: Bilateral trade between Pakistan and Afghanistan reached $989 million in the first six months of 2025, according to data...

FBR notifies new rules for freight forwarder licensing in Pakistan

ISLAMABAD: The Federal Board of Revenue (FBR) recently released new rules for freight forwarder license in Pakistan. According to the...

IMF praises Pakistan’s economic reforms, highlights strong progress and climate focus

ISLAMABAD: The International Monetary Fund (IMF) has commended Pakistan’s strong performance under its $7 billion Extended Fund Facility (EFF), describing...

Petrol prices likely to see massive increase from July 16

LAHORE: The petroleum prices may witness a whooping increase in the upcoming fortnightly review for July 2025 amid upward trend...

Nationwide strike looms: Aurangzeb calls traders to the table

KARACHI: The Finance Minister of Pakistan, Muhammad Aurangzeb, has invited all chambers and trade associations nationwide for a negotiation meeting...

FBR to automate input tax adjustments, empowering taxpayers to contest decisions

ISLAMABAD: The Federal Board of Revenue (FBR) is set to implement a significant change in its tax administration, as it...

Pakistan, UK agrees to deepen bilateral economic, trade ties

ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan, held a meeting with Lord Wajid Khan, UK Minister of Housing, Communication,...

ICCI slams FBR’s new powers, warns of economic fallout

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) raised strong objections to the enhanced authority granted to Federal Board...

Peshawar High Court issues stay order against FBR’s e-invoicing implementation

PESHAWAR: In a significant legal intervention, the Peshawar High Court has issued an order effectively staying any adverse action by...

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

LAHORE: In a key policy shift, the National Judicial (Policy Making) Committee (NJPMC) has decided that all constitutional petitions related...

Ahsan for early start of transshipment operations between Gwadar & Persian Gulf

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

11/07/2025

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