Foreign investors repatriate $1.72b in profits in nine months

KARACHI: The Central Directorate of National Savings (CDNS) has secured Rs 1.14 trillion in fresh bond investments as of April...

Lahore I&I seizes non-duty paid cigarettes worth Rs35m during different operations

LAHORE: In the on-going campaign against smuggling of non-duty paid cigarettes, Directorate of Customs Intelligence and Investigation (I&I) seized smuggled...

UAE sign MoUs to boost cooperation in trade, culture, consular affairs

ISLAMABAD: Pakistan and United Arab Emirates (UAE) on Monday signed Memorandum of Understandings (MoUs) to promote bilateral cooperation in multiple...

Pakistan’s salt exports to China surge by 40pc in 1Q FY2025

BEIJING: Pakistan’s salt exports to China witnessed a significant increase in the first quarter of 2025, rising by 40% compared...

Pakistan can boost food exports with investment, technology: FTO Coordinator

ISLAMABAD: Coordinator to the Minister of State and Federal Tax Ombudsman Saif Ur Rehman on Sunday said that Pakistan has...

Ambassador of Turkish Republic of Northern Cyprus visits RCCI

RAWALPINDI: Dilsad Senol, Ambassador of the Turkish Republic of Northern Cyprus (TRNC), visited Rawalpindi Chamber of Commerce and Industry (RCCI)...

Inside the numbers: Pakistan hits 6.7 million active taxpayers

ISLAMABAD: In a significant development for Pakistan’s tax landscape, the Active Taxpayer List (ATL) has crossed the 6.7 million mark,...

ICCI hosts business forum to promote Pakistan- Ethiopia trade ties

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI), in collaboration with the Embassy of Ethiopia, the Ministry of Commerce, and...

Privatisation Commission approves transaction structure for Roosevelt Hotel sale

ISLAMABAD: The Privatisation Commission Board approved the proposed transaction structure for the long-pending divestment of the Roosevelt Hotel in New...

M/s Karachi Nimco’s appeal dismissed as Tribunal upholds Rs20m penalty for trademark imitation

LAHORE: The Competition Appellate Tribunal has dismissed an appeal by M/s Karachi Nimco, affirming a Rs20 million penalty imposed by...

FBR introduces electronic invoicing for businesses

ISLAMABAD: The Federal Board of Revenue (FBR) has mandated the implementation of electronic invoicing for registered businesses in Pakistan. This...

Mobile sector benefits from substantial tax relief, FBR reports Rs33b exemption

ISLAMABAD: The Federal Board of Revenue (FBR) has disclosed that local mobile phone manufacturing received a significant boost through sales...

Govt offers duty allowance incentives on remittances to Pakistan

ISLAMABAD: In a bid to boost foreign inflows and encourage the use of legal banking channels, the government of Pakistan...

FBR extends date of submission of sales tax & FED till April 25, 2025

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of submission of Sales Tax and Federal Excise Return...

Goods transporters call off strike after talks in Karachi

KARACHI: In a welcome relief for the business sector, goods transporters ended their nationwide strike on Saturday after successful talks...

FDI rises 14pc to $1.64b in first nine months of FY25

KARACHI: Pakistan received $1.644 billion in net foreign direct investment during the first nine months of the ongoing fiscal year,...

FinMin Aurangzeb departs for US to attend WB, IMF Spring 2025 meetings

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb departed for the United States (US) on Saturday to attend...

Economic triangle to reshape regional trade

18/04/2025

LAHORE: The road transport corridor connecting Islamabad, Tehran and Istanbul, in conjunction with China's Belt and Road Initiative (BRI), will...

Transporters’ strike disrupts cargo movement at Karachi port