FBR imposes major penalty on IRS officer Ms. Zehra due to prolonged absence

ISLAMABAD: Pakistan’s finance ministry announced the launch of its first ever “Green Sukuk” financial instrument on Wednesday, saying it was...

Aurangzeb lauds Standard Chartered Bank’s confidence in Pakistan’s economy

LONNDON: Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has lauded Standard Chartered Bank’s confidence in Pakistan’s economic trajectory and...

Adviser to PM on Privatization meets global investment leaders

ISLAMABAD: Adviser to the Prime Minister on Privatization and Chairman of the Privatization Commission, Muhammad Ali, held a series of...

Finance Minister briefs UK’s Minister of State for South Asia on India’s unprovoked attacks on civilian population in Pakistan

ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb met with UK’s Minister of State for South Asia Hamish Falconer...

Finance Minister meets senior executives of Deutsche Bank

LONDON: Minister for Finance and Revenue Senator Muhammad Aurangzeb met with senior executives of Deutsche Bank at the Pakistan High...

Pakistan authorizes military response to Indian strikes: National Security Council

KARACHI: Pakistan’s National Security Council (NSC) has given permission to the country’s army to take action in response to recent...

Govt suspends SRO regulating precious metals, gems

ISLAMABAD: The government has temporarily suspended the implementation of SRO 760(I)/2013, known as the “Import and Export of Precious Metals,...

Pakistan suspends transit of India-bound goods across all trade routes

KARACHI: The federal government of Pakistan has imposed a ban on the import of goods from its land, sea, and...

Govt proposes 18pc increase in defence budget to Rs2.5 trillion in FY2025-26: report

ISLAMABAD: The federal government has unveiled a new budget framework amounting to Rs17.5 trillion, proposing a significant 18% increase in...

MTBA launches Appeal Management Software at ATIR

MULTAN: Multan Tax Bar Association organized a launch event for the Appeal Management Software at the Appellate Tribunal Inland Revenue...

Customs AIIA foils bid to smuggle goods worth Rs5m goods from Dubai

LAHORE: In a successful enforcement action led by Collector of Customs Airports, Ms Tayyba Kiyani, a significant quantity of assorted...

Number of Roshan Digital Accounts surpasses 0.8 million

KARACHI: The total number of Roshan Digital Accounts (RDA) has crossed 0.8 million with the addition of 8092 new accounts...

Pakistan financial system stable, secure: FinMin Aurangzeb

ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb on Wednesday said that Pakistan’s financial system remained stable and secure,...

Senate body urges MoC to resolve barter trade issues with Iran, Russia & Afghanistan

ISLAMABAD: The Senate Standing Committee on Commerce has urged the Ministry of Commerce (MoC) to address the lingering issues and...

FBR facing potential legal challenges for implementation of RRS

ISLAMABAD: The Federal Board of Revenue (FBR) is facing significant internal backlash and potential legal challenges over the newly implemented...

CCP allows secure logistics group to acquire ‘Trax Online’

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the 100% acquisition of Trax Online (Pvt.) Ltd. by Secure Logistics...

PSX retreats as profit-taking cuts short monetary easing rally

06/05/2025

KARACHI: The stock market ended in the red on Tuesday despite a strong start to the session, as profit-taking erased...

FBR mulls new tax on high pensions, increase in income tax exemption threshold: report

06/05/2025

ISLAMABAD: The Federal Board of Revenue (FBR) is working on two key budget proposals for the next fiscal year (2025-26),...

IMF team to visit Pakistan for budget discussions from May 14