Discos cut losses by Rs68b in 1Q of FY2025

LAHORE: The Federal Board of Revenue (FBR), Regional Tax Office (RTO), Lahore, constituted four squads of Inland Revenue Enforcement Network...

Pakistan’s current account deficit expands to $733m in 4MFY26

KARACHI: Pakistan’s current account deficit surged to $733 million during the first four months of the fiscal year 2025-26 (4MFY26),...

Pakistan’s economic future tied to population, climate action: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Monday said Pakistan’s long-term economic outlook was inseparably linked to...

Pakistan must avoid debt traps, says US envoy

ISLAMABAD: US Chargé d’Affaires in Pakistan, Natalie A Baker, has said that Pakistan is a free country and should not fall...

Pakistan wins major basmati trademark case as New Zealand court rejects India’s appeal

ISLAMABAD: Pakistan has secured a major legal victory in the global basmati rice dispute after the New Zealand High Court...

Gwadar admin bans movement of oil-carrying vehicles to curb Iranian fuel smuggling

GWADAR: Authorities in Gwadar district have imposed an immediate ban on the movement of oil-carrying vehicles, specifically Zamyad trucks and...

Pakistan’s dollar bonds lead Asia as market confidence rebounds: Bloomberg

ISLAMABAD: Pakistan’s dollar bonds have emerged as the best-performing in Asia, marking a major shift in sentiment after two years...

Bank of Punjab holds analyst briefing for investors & research analysts

LAHORE: The Bank of Punjab (BOP) reported sustained gains in profitability, margins, and balance sheet strength at its Analyst briefing...

StormFiber challenges KP sales tax hike on internet-based TV services

PESHAWAR: StormFiber, a leading internet and television service provider, has challenged in the Peshawar High Court the levy of 19.5%...

FBR overhaul nears completion as govt finalises whistleblower rules

ISLAMABAD: Minister of State for Finance Bilal Azhar Kayani has said that the government is finalising revamped rules for a strengthened...

Azerbaijan-Pakistan trade ties to strengthen further: Envoy

ISLAMABAD: The Ambassador of the Republic of Azerbaijan to Pakistan, Khazar Farhadov has said that trade and business relations between Pakistan and...

10th Pakistan Banking Awards: SBP Governor offers futuristic transformation blueprint to banking system

KARACHI: The Governor State Bank of Pakistan (SBP) Jameel Ahmad, offering a blueprint for futuristic transformation of the banking system driven...

Weekly inflation up by 0.53pc in Pakistan

ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), increased by 0.53 percent for the combined consumption group during...

Govt trims debt further in September: SBP

KARACHI: The government has brought down its debt by an additional Rs852 billion in September. According to the SBP, the...

FBR assigns 76 surplus employees from various ministries

ISLAMABAD: The Federal Board of Revenue (FBR) has appointed 76 surplus employees from several ministries to positions across the country,...

Supreme Court rules in favour of Coca-Cola in tax dispute with FBR

ISLAMABAD: The Supreme Court of Pakistan has ruled in favour of Coca-Cola Pakistan Limited, dismissing the Federal Board of Revenue’s...

FBR reports eight-fold rise in FY2025 revenue through enforcement measures

ISLAMABAD: The Federal Board of Revenue (FBR) announced a remarkable eight-fold increase in revenue collection for the fiscal year 2024–25,...

Pakistan blocks Afghan-origin fruit imports via Iran as 5,500 transit containers remain stranded

LAHORE: Pakistan has prevented an attempt to import Afghan-origin fresh fruits through Iran, a move authorities say was aimed at...

Banks to stay open on Saturday for Hajj 2026 dues collection