Accused in Rs290b sales tax fraud case granted post-arrest bail
KARACI: The Sindh High Court (SHC) has granted post-arrest bail to Sheeraz Ahmed, an accused in a massive Rs290 billion...
Pakistan’s inflation falls to 1.5pc in Feb – lowest in over 9 years
ISLAMABAD: Pakistan’s Consumer Price Index (CPI) inflation rate has maintained its sliding trend on Monday, beating more than a 9-year...
Appraisement West redistributes work among officers
KARACHI: Collectorate of Customs Appraisement West has notified redistribution of charges among its officers to streamline various functions within the...
Over Rs4tr revenue stuck due to more than 100,000 pending cases
ISLAMABAD: Amid an expected shortfall of over Rs600 billion in the current fiscal year, it has come to the fore...
Torkham border remains closed for 10th day as exchange of fire reported
TORKHAM: The Torkham border remained closed for trade activities and pedestrian movement for the 10th consecutive day on Monday as...
SBP announces office timings for Ramzan
KARACHI: The State Bank of Pakistan (SBP) announced that its office timings for the month of Ramzan, according to an...
FBR grants PRAL data access for enhanced compliance & governance
LAHORE: The Federal Board of Revenue (FBR) has authorized comprehensive access to Pakistan Revenue Automation Limited (PRAL) data for its...
ICCI founder group felicitates PFUJ and RIUJ newly elected members
ISLAMABAD: A delegation from the Islamabad Chamber of Commerce and Industry (ICCI), led by President Nasir Qureshi and Founder Group...
IMF demands action against tax evasion in Pakistan’s real estate sector
ISLAMABAD: The International Monetary Fund (IMF) has demanded a crackdown on tax evasion in Pakistan’s real estate sector, as talks...
DG Valuation revises customs valuation for China-origin suitcases vide VR No.1974/2025
KARACHI: Directorate-General Customs Valuation has issued a new valuation for China-origin suitcases to determine applicable duties and taxes. The Directorate...
FBR faces shortfall of Rs601 billion in revenue collection
ISLAMABAD: The Federal Board of Revenue (FBR) is facing shortfall of Rs8 billion during first eight months of current fiscal...
PM Shehbaz launches Rs20b Ramadan Relief Package
ISLAMABAD: Prime Minister Shehbaz Sharif has launched Ramadan Relief Package worth twenty billion rupees in Islamabad. Addressing the launching ceremony,...
World Bank acknowledges economic stability in Pakistan
ISLAMABAD: Acknowledging the efforts of the government to bring economic stability, the World Bank (WB) announced that economic stability was...
OGDCL declares highest-ever quarterly dividend of Rs4.05 per share
ISLAMABAD: The Board of Directors of Oil & Gas Development Company Limited (OGDCL), in its meeting approved the financial results...
Zakat deduction: Banks to remain closed for public dealing on March 3
KARACHI: The State Bank of Pakistan (SBP), commercial banks, and other financial institutes are to remain closed for public dealing...
Pakistan meets IMF debt maturity target, eyes $1b foreign loan
ISLAMABAD: Pakistan has met a key International Monetary Fund (IMF) condition by increasing its debt maturity profile while also pursuing...
SECP’s Policy Board approves amendments to insurance regulatory framework
ISLAMABAD: The Securities and Exchange Commission Policy Board on Friday approved significant amendments to the insurance regulatory framework including the...
MTBA seeks legal recognition amid judicial uncertainty
MULTAN: Multan Tax Bar Association (MTBA) has formally approached the Federal Minister for Law and Justice, urging immediate legislative action...
FBR recovers Rs23b in windfall tax revenue
LAHORE: The Federal Board of Revenue has recovered Rs23 billion from 16 banks as part of the windfall tax collection...
SBP grants licence to Wemsol for commercial operations
KARACHI: The State Bank of Pakistan (SBP) has licenced Wemsol Private Limited to begin operations as an electronic money institution...
