Banks disburse Rs2.58tr in agricultural loans during FY25

04/11/2025

KARACHI: The Marine Unit of the Collectorate of Customs (Enforcement), Karachi has successfully foiled an attempt to smuggle Iranian-origin High-Speed...

CCP issues Competition assessment study of steel sector in Pakistan

ISLAMABAD: T he Competition Commission of Pakistan (CCP) has released a report titled “Competition Assessment Study of the Steel Sector in...

FTO rules no prior notice needed for adjusting sales tax dues

LAHORE: The Federal Tax Ombudsman (FTO) has ruled that tax authorities are not required to issue any prior notice or...

KTBA blasts FBR for denying tax deadline amid IRIS chaos

KARACHI: The Karachi Tax Bar Association (KTBA) has strongly criticized the Federal Board of Revenue (FBR) for its uncompromising stance...

Port Qasim set for major modernization to drive $10b revenue goal

KARACHI: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, announced on Monday that Port Qasim is set to undergo...

PM Shehbaz praises FBR for record 5.9m tax returns

ISLAMABAD: Prime Minister Shehbaz Sharif lauded the Federal Board of Revenue (FBR) for achieving a record 5.9 million income tax returns...

Multan Customs foils Rs.15.54m smuggling attempt

MULTAN: Collectorate of Customs Enforcement successfully intercepted a Bedford truck laden with high-value smuggled goods on Kot Addu Road near Qasba...

Junaid Anwar unveils five-point strategy to boost Pakistan’s maritime economy

KARACHI: Federal Minister for Maritime Affairs Junaid Anwar Chaudhry announced a comprehensive five-point strategy aimed at transforming Pakistan’s maritime sector...

Significant macroeconomic stability achieved through structural reforms: Aurangzeb

ISLAMABAD: Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Monday said that Pakistan’s economic direction had been set right...

FBR targets flashy influencer CEO over flaunting undeclared luxury cars

ISLAMABAD: The Federal Board of Revenue (FBR) has intensified its nationwide crackdown on individuals flaunting luxury lifestyles on social media...

PRA seizes records of major food chain over alleged tax evasion

LAHORE: The Punjab Revenue Authority (PRA) has seized the business records of a well-known food chain following allegations of large-scale...

Pakistan, Türkiye reaffirm commitment to boost bilateral trade

ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan, held a meeting with Türkiye’s Minister of Trade, Prof. Dr. Ömer Bolat, in...

Govt mulls options for reducing high income and sales tax rates: report

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to explore options for reducing high income...

Petrol up by Rs2.43, diesel by Rs3.02 per litre for next fortnight

ISLAMABAD: The government has approved a fresh increase in petroleum product prices for the upcoming fortnight, following recommendations from the...

ICCI greets Turkiye, vows to expand bilateral trade ties

ISLAMABAD: Ambassador of the Republic of Türkiye to Pakistan, Irfan Neziroglu has said that Türkiye and Pakistan enjoy deep-rooted and brotherly...

Pakistan, Iran agree to deepen trade, push for $10bn annual target by 2028

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan met Iranian Ambassador Reza Amiri-Moghaddam to discuss measures for expanding trade and...

LHC upholds CCP’s authority, rejects Honda Atlas bid to stall inquiry

LAHORE: The Lahore High Court (LHC) has dismissed the petition filed by Honda Atlas Cars (Pakistan) Limited against the Competition...

Tax return filing hits record 5.9 million, reflects rising compliance, public confidence: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) here on Friday reported a 17.6% rise in income tax return filings for...

FBR faces revenue shortfall of Rs270b during first four months of FY-2026