Pakistan set to receive $2.3b after IMF agreements
WASHINGTON: Director of the Communications Department of International Monetary Fund (IMF), Julie Kozack, has said Pakistan would be able to...
Deregulation policy boosts pharma sector profits, brings economic growth
KARACHI: The implementation of the deregulation policy in Pakistan’s pharmaceutical sector, facilitated by the Special Investment Facilitation Council (SIFC) had...
RCCI holds condolence reference in honor of Tahir Taj Bhatti
RAWALPINDI: The Rawalpindi Chamber of Commerce & Industry (RCCI) organized a condolence reference at the Chamber building in honor of...
Cabinet restores 25pc income tax rebate for teachers after FTO intervention
LAHORE: The Federal Cabinet has reinstated a 25% income tax rebate for teachers across Pakistan, following intervention by the Federal...
FBR faces over Rs100b tax shortfall in March 2025
ISLAMABAD: Federal Board of Revenue (FBR) has faced a tax shortfall of over Rs100 billion in March 2025, as it...
Customs valuation for manicure & pedicure sets vide VR No.1886/2025
KARACHI: Directorate General of Customs Valuation, Government of Pakistan, has issued a new Valuation Ruling No. 1986/2025, revising the customs...
FBR constitutes Directorate for Special Customs Initiatives
ISLAMABAD: The Federal Board of Revenue (FBR) has officially established the Directorate General of Special Initiatives – Customs. This initiative...
Govt cuts petrol price for the next fortnight
ISLAMABAD: The federal government has decreased the petrol price, announcing the revised rates for the next fortnight. As per a...
FBR transfers 8 PCS officers of BS-20-21 to different stations
ISLAMABAD: Federal Board of Revenue (FBR) issued notification for transfers and postings of following officers of Pakistan Customs Service (PCS)...
Key reforms implemented in industrial sector to drive sustainable, export-led growth
ISLAMABAD: Ministry of Industries and Production (MoIP) has successfully implemented key reforms to drive sustainable and export-led growth under the...
World Bank to provide US$300m to Punjab for smog mitigation
ISLAMABAD: The World Bank will provide $300 million in financing for the smog mitigation to Pakistan, the lender said in...
Govt criticised for ‘abrupt change’ in net metering policy
RAWALPINDI: A top office-bearer of the Rawalpindi Chamber of Commerce and Industry (RCCI) has expressed serious concerns over the abrupt...
Multan Customs cancels Eid-ul-Fitr holidays for officers
MULTAN: Collectorate of Customs (Enforcement), Multan has issued an office order cancelling all previously sanctioned casual leave for its officers...
Multan RTO seals two departmental stores over POS violations
MULTAN: The Regional Tax Office sealed two departmental stores over POS violations a decisive move against tax evasion and Point-of-Sale...
SHC dismisses petition against SRB after assurance of no coercive action
KARACHI: The Sindh High Court (SHC) has dismissed a petition that had been moved by English Biscuit Manufacturing Company Pvt...
Retail payments surge to Rs154 trillion
LAHORE: The State Bank of Pakistan (SBP) has released its Payment Systems Quarterly Review for Q2 FY25, revealing a significant...
Short-term inflation falls 0.15pc weekly, 1.26% annually: PBS
ISLAMABAD: Pakistan’s short-term inflation declined by 0.15% compared to the previous week and dropped 1.26% year-on-year, according to the Pakistan...
FBR updates customs values for lead acid batteries imports
KARACHI: The Federal Board of Revenue (FBR) has revised the customs values for the import of lead acid batteries used...
Pakistan to host first Digital FDI event on April 29-30
KARACHI: Pakistan will host its first-ever Digital Foreign Direct Investment (FDI) event on April 29 and 30 to attract international...
Pakistan, Russia reaffirm commitment to strengthening economic ties
ISLAMABAD: On the sidelines of Boao Forum for Asia (BFA) Conference, Pakistan and Russia reaffirmed commitment to strengthening economic and...
