PTAF seeks FBR’s chairman intervention over inefficiency of customs field formations

MULTAN: Federal Board of Revenue recent Customs reforms is now being seen as a major policy misstep which aimed at...

Joint operation by Multan Customs & LEAs busts counterfeit cigarette factory in Jalalpur Pirwala

MULTAN: In a major success against counterfeit trade, Multan Customs Enforcement, in collaboration with law enforcement agencies, conducted a joint...

Petroleum dealers seek Rs2.20 per litre margin hike, NA committee calls for review

ISLAMABAD: Petroleum dealers urged the federal government to implement a long-pending increase of Rs2.20 per litre in their sale margins...

Businessmen slam FBR, FIA over alleged investor harassment

ISLAMABAD: Members of the business community, joined by officials from key economic ministries, on strongly criticized the Federal Board of...

Court provides clarity on cash gifts between blood relatives

LAHORE: In a sgnificant development for taxpayers, a recent tax court order has provided clarity on the taxability of cash...

FinMin Aurangzeb hints at final IMF programme if reforms succeed

KARACHI: Federal Finance Minister Muhammad Aurangzeb on Wednesday expressed optimism, stating that if the current reform agenda is implemented effectively,...

Maritime Minister launches complaint cell to speed up public services

ISLAMABAD: A minister's complaint cell has been launched as a key component of the upcoming comprehensive reforms in the maritime...

FBR imposes new system to collect sales tax from cement sector

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented a new system to collect sales tax from cement sector. The...

SBP to announce new monetary policy on May 5

KARACHI: The State Bank of Pakistan will announce its new monetary policy on May 5. The business community and economic...

Pakistan-Kazakhstan IGC concludes with the signing of important protocols and MoUs

ISLAMABAD: The 13th Session of the Pakistan-Kazakhstan Joint Intergovernmental Commission (IGC) on Trade, Economic, Scientific, Technical and Cultural Cooperation was...

Pakistan-Canada meeting at PMO strengthens trade, investment

ISLAMABAD: Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce, met Daniel Arsenault, Counsellor at Canada’s High Commission,...

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ICCI for exploring non-traditional markets, products to strengthen economy

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) Monday emphasized the urgent need to explore greater opportunities in both conventional...

Karachi Enforcement foils bid to smuggle cloth worth Rs65m from Karachi to Lahore

KARACHI: Collectorate of Customs Enforcement Karachi foiled an attempt to smuggle foreign cloth worth PKR 65 million into the country...

PSO profit plunges 42pc to Rs10.67b in 9MFY25

KARACHI: Despite the overall decline in earnings, PSO’s other income edges up slightly to Rs17.11 billion from Rs16.74 billion recorded...

SBP urges tax base expansion, reduced burden salaried

KARACHI: The State Bank of Pakistan (SBP) has issued a strong recommendation to the government, advocating for policies that prioritize...

Salaried class bears record tax burden, contributing 10pc of national collection

LAHORE: Salaried class has paid a record Rs391 billion in income tax during the first nine months of the current...

Supreme Court questions distribution of super tax funds to provinces

ISLAMABAD: The Supreme Court of Pakistan raised important questions about the distribution of super tax funds during a recent hearing....

FBR chairman asks officials to ensure transparency, increase revenue

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has directed the tax officials to utilize all their capabilities...

IMF board meets on May 9 to review Pakistan’s loan programmes