Rightsizing on IMF orders: Govt eliminates 40,000 jobs

ISLAMABAD: Chief Executive Officer Pakistan Furniture Council (PFC), Mian Kashif Ashfaq urged for a comprehensive package of attractive incentives in...

KPRA collects Rs.47 billion tax target by June 15

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has successfully achieved its annual tax collection target of Rs47 billion by June...

Balochistan to present Rs1 trillion budget for 2025-26 tomorrow

QUETTA: Balochistan is set to present its budget for the fiscal year 2025-26 on June 17, with a total volume...

Development-loaded Rs5,335 trillion Punjab budget unveiled amid Opp’s ruckus

LAHORE: The Punjab government on Monday unveiled Rs5.3 trillion provincial budget for the financial year 2025-26, having a record development...

Fuel prices hiked again; petrol up by Rs4.80, diesel by Rs7.95

ISLAMABAD: The federal government has announced a fresh hike in fuel prices, raising the cost of Motor Spirit (MS) Petrol...

PM takes notice of media reports over tax defaulters’ arrests, forms special committee

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday took a notice of media reports regarding the arrest of tax defaulters...

SBP keeps policy rate unchanged at 11pc

KARACHI: The State Bank of Pakistan on Monday decided to keep the policy rate unchanged in the final meeting of...

Pharma export council set up to boost overseas sales

ISLAMABAD: Pakistan has this month established a new Pharmaceutical Export Promotion Council (PharmEx Pakistan) in a bid to expand exports...

Fauji Fertilizer Company shows interest in buying PIA

ISLAMABAD: Fauji Fertilizer Company (FFC) has shown its interest in purchasing the loss-making state-owned entity, the Pakistan International Airlines (PIA)....

Sindh targets Rs388b in tax collection for FY2026, expands SRB mandate

KARACHI: The Sindh government has set an ambitious tax collection target of Rs388 billion for the Sindh Revenue Board (SRB)...

FBR detects tax evasion by influential figures, defends proposed arrest powers

ISLAMABAD: The Federal Board of Revenue (FBR) has revealed a major tax fraud scandal involving several influential individuals, including a...

PM forms body to tackle economic fallout of Israel-Iran conflict: adviser

ISLAMABAD: Prime Minister Shehbaz Sharif has formed a high-level committee led by the finance minister to monitor any possible economic...

‘Int’l confidence rises with arrival of 20,000 tons of Afghan fertilizer at Gwadar port’

KARACHI: Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry on Saturday welcomed the successful berthing of the second Afghan Transit...

Non-filers may soon withdraw up to Rs75,000 as govt moves to ease limit

ISLAMABAD: The federal government has decided to raise the cash withdrawal threshold for non-filers to Rs75,000 from Rs50,000, aiming to...

IFC to provide $400 million loan for Reko Diq mine

ISLAMABAD: The International Finance Corporation (IFC) will provide a $400 million subordinated loan for Pakistan’s Reko Diq copper-gold mine, according...

Helvetas Germany launches project to promote responsible business practices in cotton, rice sectors

ISLAMABAD: Helvetas Germany, in partnership with the European Union, has officially launched the Capacity-Building for Socially Diligent Agribusinesses (CSDA) project...

Pakistan, Saudi firm launch $150m minerals processing complex