Customs arrest two preventive officers after 400kg of seized silver allegedly swapped with lead
LAHORE: Pakistan Customs has arrested two preventive officers after an internal inquiry found that a large quantity of seized silver...
64pc price gap fuels shift to illicit cigarette market in Pakistan: report
ISLAMABAD: The federal government, in coordination with provincial authorities, has launched a nationwide crackdown on the illegal cigarette trade to...
Govt considers slashing dairy GST to 10pc to support sector growth
ISLAMABAD: The government is considering reducing the General Sales Tax (GST) on dairy products from 18% to 10% following directives...
FinMin discusses reform agenda with World Bank
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb commenced his engagements at the World Bank-IMF Spring Meetings 2026...
Saudi Arabia, Qatar to provide $5b financial assistance to Pakistan: Turkish media
RIYADH: Saudi Arabia and Qatar will provide Pakistan $5 billion in financial assistance, enabling Islamabad to avert stress on the...
Govt seeks proposal to cut GST on dairy products to 10pc
LAHORE: Federal Minister for Commerce Jam Kamal Khan has directed the Pakistan Dairy Association to submit proposals for reducing general...
KPRA collects Rs38.8b in Jul–Mar, sales tax on services rises 21pc
PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a 21% increase in sales tax on services during the first nine months...
Fitch affirms Pakistan’s ‘B-‘ rating with stable outlook
ISLAMABAD: Fitch Ratings has reaffirmed Pakistan’s long-term foreign currency rating at ‘B-’ with a stable outlook, pointing to progress in...
Cotton prices hit two-year high as supply constraints tighten market
KARACHI: Cotton prices in Pakistan have climbed to a two-year high, with rates rising by Rs4,000 per maund to reach...
Pakistan opens transit corridor with Iran by sending first shipment to Uzbekistan
ISLAMABAD: Pakistan Directorate General of Transit Trade announced this week it has operationalized a new transit corridor via Iran by...
Aurangzeb highlights Pakistan’s ability to meet external obligations on time
NEW YORK: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Monday highlighted Pakistan’s key reform priorities while participating...
First container vessel arrives at Karachi port after Hormuz disruptions
KARACHI: The container vessel MV Selen, operated by the National Logistics Corporation (NLC) under AP Line berthed at Karachi Port...
FBR revises customs values for imported auto spare parts vide Valuation Ruling No.2064/2026
KARACHI: The Directorate General of Customs Valuation, Karachi, notified the changes through Valuation Ruling No. 2064/2026, replacing the earlier framework...
SMEDA opens new market pathways for women at ‘Made in Gujranwala’ Expo in Karachi
KARACHI: The Small and Medium Enterprises Development Authority (SMEDA) has strengthened its support for women entrepreneurs and microenterprises by facilitating...
Iran Central Bank Governor meets DPM Ishaq Dar
ISLAMABAD: Governor of the Central Bank of Iran Dr Abdolnasser Hemmati called on Deputy Prime Minister/ Foreign Minister, Senator Mohammad...
FBR posts 42pc drop in tax collection from developers, builders
ISLAMABAD: The Federal Board of Revenue (FBR) reported a 42 percent decline in income tax collection from builders and developers...
FBR moves against officers for failing to declare assets, sets April 24 deadline
ISLAMABAD: The Federal Board of Revenue (FBR) has taken strict notice after several of its officers were found to have...
Diesel price cut by Rs134.81, petrol down Rs11.83
ISLAMABAD: In a major relief for inflation-hit consumers, the government has reduced petroleum prices, slashing petrol by Rs11.83 per litre...
Punjab Food Authority steps up enforcement, inspects 1.36 million food units
LAHORE: The Punjab Food Authority (PFA) has carried out large-scale inspections across the province, checking 1,363,198 food units to date...
Pakistan RDA inflows rise 11pc to $261m in March 2026
KARACHI: Pakistan received $261 million through Roshan Digital Accounts (RDA) in the month of March 2026, marking an 11 percent...
