Foreign investor repatriations hit $244m in July 2025

LAHORE: Interior Minister Eskandar Momeni has expressed deep regret over the loss of life caused by recent floods in Pakistan,...

PM Shehbaz launches 10 million BISP Digital Wallets, terms landmark step towards cashless economy

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday launched 10 million digital wallets for Benazir Income Support Programme (BISP) beneficiaries,...

Pakistan seeking deferment of Qatari LNG cargoes to extend $5.6b liability timeline

KARACHI: Amid massive drop in gas consumption in the country, Pakistan is seeking deferment of 177 LNG cargoes from Qatar...

Uzbekistan eyes $2b trade with Pakistan: Envoy

MULTAN, Aug 25 (APP):Secretary of the Embassy of the Republic of Uzbekistan in Pakistan, Oybek Kambarov, expressed keen interest in...

Economy moving towards right direction: Khurram

ISLAMABAD: Advisor to the Finance Minister Khurram Shehzad has said that despite the challenges, national economy was showing resilience and...

World Bank okays $47.9m education grant for Punjab

ISLAMABAD: The World Bank (WB) has approved a $47.9 million grant for Pakistan, funded by the Global Partnership for Education...

Sindh notifies agricultural income tax rules 2025

KARACHI: The Sindh government has issued the Sindh Agricultural Income Tax Rules 2025, mandating all owners of agricultural land liable...

POL import bill increases by 6.42pc to $1.34b in July

ISLAMABAD: The imports of the overall petroleum group increased by 6.42 percent during the first month of the current fiscal...

Centre approves rise in vehicle token tax nationwide

ISLAMABAD: The federal government has decided to increase vehicle token tax across the country following approval of amendments to the...

Pakistan bans 46 gambling and forex apps

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has banned 46 gambling and forex applications across the country after a recommendation from...

FPCCI demands withdrawal of retrospective gas bills

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) demanded of the authorities concerned to immediately withdraw the retrospective...

CCP approves acquisition of merit Packaging assets by Kompass Pakistan

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of certain assets of Merit Packaging Limited by Kompass...

Pakistan, Bangladesh discuss direct flights, shipping links

CHITTAGONG: Pakistan and Bangladesh on Saturday discussed the resumption of direct flights, enhancement of shipping links, and new avenues of...

FBR appoints Shakeel Shah as Member Customs Operations

ISLAMABAD: The Federal Board of Revenue (FBR) has appointed Syed Shakeel Shah, a BS-21 officer of the Pakistan Customs Service...

Pakistan's President Asif Ali Zardari is seen during a meeting with his Turkish counterpart Abdullah Gul (not pictured) in Istanbul November 1, 2011. REUTERS/Murad Sezer

President constitutes 11th NFC to divvy up revenue

ISLAMABAD: President Asif Ali Zardari constituted the 11th National Finance Commission (NFC) to announce a new award for the sharing...

FBR mulls republishing tax directory of lawmakers, taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR) is considering republishing the tax directory of members of parliament and taxpayers, officials...

Aurangzeb underlines govt’s commitment to strengthening textile sector

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Thursday reaffirmed that the government is pursuing comprehensive reforms...

Finance Minister urges govt-academia collaboration to shape digital future

ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb on Saturday stressed the need of government, academia and private collaboration...

FBR organizes “Promoting Tax Culture & Filing of Income Tax Returns”