Pakistan sets Nisab of Zakat at Rs179,689 for Year 2025

27/02/2025

KARACHI: After 15 years, Pakistan exported 26,000 metric tons rice, with more shipments on the way. Demand for Pakistani cotton,...

Simplified taxation process to be operational soon: Finance Minister Aurangzeb

27/02/2025

PESHAWAR: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has saidSAA that sustainable and inclusive economic growth imperative for...

Economy stays positive as indicators show good performance: Finance Ministry

27/02/2025

ISLAMABAD: The country’s economy continued to demonstrate positive developments during July-January (FY2025), as evidenced by improvements in key economic indicators,...

Pakistan, Uzbekistan vow to take bilateral trade to $2b; exploit connectivity, tourism potential

TASHKENT: Pakistan and Uzbekistan on Wednesday vowed to take the volume of bilateral trade from current $400 million to $2...

Exporters urge FBR to revise FASTER refund cap

MULTAN: The Multan Tax Bar Association (MTBA) has urged the Federal Board of Revenue (FBR) to address the limitations imposed...

Govt to exempt rules for Port Qasim Authority terminal

KARACHI: The government has agreed to offer exemption to Pakistan International Bulk Terminal Limited (PIBTL) for utilising its facility for...

FBR taking strict action against fake, forge invoices Mukhtiar Hussain Tamim

MULTAN: Federal Board of Revenue (FBR) started crackdown against persons who were involved in submitting fake and forge invoices while...

Iran, Pakistan sign MoU to take trade volume to $10b

LAHORE: Pakistan and Iran have signed a memorandum of understanding (MoU) aimed at taking bilateral trade volume to $10 billion....

Industries minister assures Japanese automobile companies of smooth business operations

ISLAMABAD: Minister for Industries and Production Rana Tanveer Hussain on Wednesday said the government was committed to providing conducive environment...

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chairing a high-level meeting on digital assets at the Finance division in Islamabad on February 25, 2025.

Aurangzeb underlines significance of a well-regulated digital asset framework

ISLAMABAD: Minister for Finance and Revenue, Senator Muhammad Aurangzeb emphasized the importance of a well-regulated digital asset framework, aligning Pakistan...

Rwandan envoy urges Sialkot exporters to explore trade markets in her country

SIALKOT: Ambassador of Rwanda to Pakistan Harerimana Fatou urged Sialkot exporters to come forward and tap and explore untapped international...

FTO detects Rs9.38b annual electricity tax loss

MULTAN: The Federal Tax Ombudsman (FTO) has identified a staggering annual revenue loss of Rs 9.38 billion to the Federal...

FBR forms Centralized Customs Examination Unit to expedite clearance of goods

KARACHI: The Federal Board of Revenue (FBR) has announced the establishment of a Centralized Customs Examination Unit (CEU) in Karachi...

$1b installment: IMF team to arrive on March 3 for economic review

ISLAMABAD: Pakistan is set to host an International Monetary Fund (IMF) delegation on March 3 as part of efforts to...

FTO directs DISCOs to impose 18pc sales on solar net metering

LAHORE: The Federal Tax Ombudsman (FTO) has directed power distribution companies (DISCOs) across Pakistan to impose an 18 percent sales...

S.M Tanveer urges govt to reduce power tariff to Rs26/kWh

LAHORE: United Business Group (UBG) Patron-in-Chief S.M Tanveer has urged the prime minister, the Federal Minister for Energy, and the...

Karachi Enforcement recovers illegal Indian medicines; warehouse sealed, guards arrested