Pakistan’s weekly forex reserves fall by $91m: SBP
KARACHI: The State Bank of Pakistan (SBP) has reported a decline of $91 million in the country’s total foreign exchange...
FTO Advisory Committee meeting & Public Awareness Seminar at LCCI
LAHORE: The Federal Tax Ombudsman Secretariat convened a high-level meeting of its Advisory Committee, followed by an insightful Public Awareness...
PM launches Performance Management System at FBR, calls for strong efforts to reduce debts
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday called upon the Federal Board of Revenue (FBR) officers to work with unwavering...
Tax-to-GDP target fixed at 11.2pc for FY25-26
ISLAMABAD: The Pakistan government, in consultation with the IMF (International Monetary Fund), has set a tax-to-GDP target of 11.2% for...
With focus on revenue target, FBR cancels Saturday as offday
ISLAMABAD: Federal Board of Revenue (FBR) on Friday announced to cancel Saturday’s holiday to boost efforts to achieve revenue collection...
Govt to present federal budget 2025-26 before Eidul Adha
ISLAMABAD: The federal government is planning to present the national budget for the fiscal year 2025-26 before Eid-ul-Adha. According to...
Pakistan, Afghanistan vow to deepen trade ties: Commerce Minister
ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan held a meeting with Afghan Minister of Industry and Commerce, Alhaj Nooruddin...
Tax lawyers slam FBR’s field offices for red-tapism, delays & business disruption
MULTAN: In a strongly worded letter addressed to Mr. Rashid Mahmood Langrial, Chairman of the Federal Board of Revenue (FBR),...
Govt to revise barter trade policy with Iran amid border truck crisis
ISLAMABAD: In response to ongoing congestion at the Pakistan-Iran border, where 1,200 Iranian trucks remain stranded, the Ministry of Commerce...
Pakistan records 6% growth in new company registrations, surpasses 231,000 mark
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has registered 2,617 new companies in the current year, marking a...
Pakistan considers US commodity imports to avert Trump-era tariffs: Bloomberg
KARACHI: Pakistan is exploring the option of importing more cotton and soybean from the United States in an effort to...
Hungary backs GSP Plus extension, vows deeper ties with Pakistan
ISLAMABAD: Putting its weight behind Pakistan’s GSP+ status, Hungary agreed on Wednesday to expand cooperation with Pakistan across key sectors...
Govt to digitize national economy: PM Shehbaz
ISLAMABAD: The government of Pakistan has decided to digitize the national economy, with all ministries tasked with implementing the measures...
External account posts record monthly surplus
ISLAMABAD: Advisor to Finance Minister, Khurram Schehzad said here on Thursday that the country’s Current Account posted a record monthly...
Current Account records $1.86b surplus in 9 months of FY25: SBP
KARACHI: Pakistan’s External Current Account Balance recorded a surplus of US$ 1.859 billion during July to March 2024-25 as compared...
World Bank sees ‘gaping holes’ in Pakistan’s tax system
ISLAMABAD: Describing the tax system of Pakistan as “unfair and absurd”, the global lender World Bank (WB) called for effectively...
Govt inaugurates Swabi smart village to expand digital services in rural Pakistan
ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT), in collaboration with Huawei Technologies and the International Telecommunication Union (ITU),...
Several PCS officers promoted to BS-19 with immediate effect
KARACHI: Pakistan Customs Service has promoted several officers to BS-19, marking a new milestone in their careers. The following BS-18...
FTO bars FBR from penalizing taxpayers for ST return delays
LAHORE: The Federal Tax Ombudsman (FTO) has formally restrained the Federal Board of Revenue (FBR) from imposing penalties on sales...
Islamabad ATIR deems FBR audit selection process under Clause 105A illegal
ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Islamabad has issued a significant ruling declaring the audit selection process conducted by...
