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
ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) is scheduled to meet on May 9 to review Pakistan’s...
Banks to remain closed on May 1 due to Labour Day
KARACHI: The State Bank of Pakistan (SBP) and all commercial banks will remain closed for public dealings on May 1...
Sales tax return filing stopped by frequent FBR amendments
KARACHI: Registered taxpayers have reportedly faced significant difficulties in filing sales tax returns, with the process effectively grinding to a...
Non-filers likely to face transaction restrictions in budget 2025-26
ISLAMABAD: The federal government is expected to introduce stringent measures targeting non-filers in the upcoming budget 2025–26, with new legislation...
World Bank okays $108m additional financing for KP projects
ISLAMABAD: The World Bank (WB) has approved additional financing for Pakistan, amounting to $108 million to execute two projects supporting...
Gadani Customs foils bid to smuggle betel nuts worth Rs69m in Khurkhera
GADDANI: Gadani Customs officials have intercepted a huge smuggling attempt of betel nuts concealed in a passenger bus. The goods...
Businessmen urge FBR to clear goods backlog at ports
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) and commercial importers have urged the Federal Board of Revenue (FBR)...
Petrol price in Pakistan likely to see drop from May 1
ISLAMABAD: As global crude oil prices trend downward, the possibility of a reduction in petroleum product prices in Pakistan from...
SBP reports improvement in Pakistan’s macroeconomic indicators in H1-FY25
KARACHI: According to the State Bank of Pakistan’s (SBP) Half Year Report on the State of Pakistan’s Economy, released on...
US 29pc tariff on Pakistani products to profound impact on country’s exports: President FPCCI
ISLAMABAD: President, Federation Pakistan Chamber of Commerce and Industry (FPCCI) on Monday said that United States is Pakistan’s largest trading...
World Liberty Financial delegation meets PM, other leaders
ISLAMABAD: The WLF delegation — including Zachary Folkman, Zachary Witkoff (son of Steve Witkoff who’s the United States Special Envoy...
India to suffer $1.14b losses after trade halt with Pakistan: PBF
LAHORE: Pakistan Business Forum (PBF) has revealed that India stands to face trade losses of around $1.14 billion due to...
Customs officer rejects FBR reward, calling it inappropriate & disturbing
LAHORE: A Pakistan Customs Assistant Collector has formally rejected a reward granted under the Federal Board of Revenue’s (FBR) new...
