Pakistan passes ship recycling law to implement Hong Kong convention, boost Gadani industry

ISLAMABAD: Pakistan has secured permanent representation for the first time for a two-year term in the Policy Commission of the...

Govt cuts petrol price by Rs6, diesel Rs6.80 per litre

ISLAMABAD: The federal government led by Prime Minister Shehbaz Sharif has announced a fresh reduction in fuel prices, offering short-term...

Customs Enforcement seizes smuggled goods worth Rs42m in Lahore raid

LAHORE: The Collectorate of Customs Enforcement (CoC) Lahore conducted a major raid near Rehman Garden in the Saggian area of...

Economic bodies unveil model budget proposals

KARACHI: Economic institutions have released a model budget framework outlining recommendations for the upcoming federal budget and measures to address...

Bilal assures traders of simplified tax scheme in upcoming budget

ISLAMABAD: Minister of State for Finance Bilal Azhar Kayani on Saturday assured the business community that the government would consider...

Pakistan secures relief on LNG terminal capacity payments after negotiations with private operators

ISLAMABAD: Pakistan has secured relief on LNG terminal capacity payments after negotiations with private terminal operators Engro Elengy Terminal Pakistan...

IMF tightens grip as FBR faces retail tax crackdown test

ISLAMABAD: The International Monetary Fund is set to closely monitor Pakistan’s efforts to expand taxation in the retail sector, increasing...

Pakistan grants major relief to mango exporters for Iran & CIS markets

KARACHI: Pakistan’s Ministry of Commerce has announced a major facilitation measure for mango exporters by granting a special exemption from...

xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

ICCI hopes for business-friendly, export-oriented federal budget

ISLAMABAD: President of the Islamabad Chamber of Commerce and Industry, Sardar Tahir Mehmood, has expressed the hope that the forthcoming...

KP Food Authority holds training session on TFA

PESHAWAR: A training session on salt iodization, control of industrially produced Trans Fatty Acids (TFA), and loose edible oil was...

FBR proposes NTN, FTN & CNIC details in import cargo declarations

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed amendments to the Customs Rules, 2001 requiring importers to provide additional...

FBR revises customs values for imported artificial imitation jewelry vide VR No.2081/2026

KARACHI: The Directorate General of Customs Valuation, Karachi, issued Valuation Ruling No. 2081/2026, replacing the earlier ruling No. 1871/2024 issued...

SBP reserves cross $17billion

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) have increased by $1.214 billion on a weekly...

Qatar’s Taameer Group shows interest in real estate, construction investment in Pakistan

ISLAMABAD: Qatar’s Taameer Group has expressed interest in investing in Pakistan’s real estate and construction sectors, as Prime Minister Shehbaz...

US wants partnership with Pakistan in mining, skills and industrial growth

ISLAMABAD: The United States has expressed interest in expanding long-term cooperation with Pakistan in the mining and industrial sectors, with...

Pakistan, IMF decide to continue talks on budget, economic reforms

ISLAMABAD: Pakistan and IMF have decided to continue negotiations on the budget for fiscal years 2026 and 2027 in the...

SBP announces three public holidays for Eidul Azha

KARACHI: The State Bank of Pakistan (SBP) has announced three public holidays on account of Eidul Azha 2026. It said...

FBR suspends K-Electric’s sales tax registration

ISLAMABAD: The Federal Board of Revenue has suspended the sales tax registration of K-Electric with effect from May 20, 2026,...

Pakistan’s leading oil refineries warn of shutting down production over smuggling