Petrol price increases in Pakistan by Rs4.13 per litre

ISLAMABAD, Feb 29 (APP):The stabilization measures, encouraging business confidence coupled with exchange rate stability, contributed to a positive economic outlook...

Pakistan’s total liquid foreign reserves reach $13.038b

KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 13,038.5 million in the week ended on February 23,...

FBR posts 30pc growth in revenue collection during eight months of current FY

ISLAMABAD: Federal Board of Revenue (FBR) has surpassed the eight-month target of Rs 5,829 billion and registers a growth of...

FBR issues list of 3.35 million active taxpayers for TY2023

ISLAMABAD: The Federal Board of Revenue (FBR) issued a new list on Friday, spotlighting 3.35 million active taxpayers for the...

Multan Customs seizes smuggled goods worth Rs260m

MULTAN: Regional Directorate of Customs Intelligence and Investigation (I&I) has busted the smuggling network in an action and seized almost...

Luncheon hosted in honour of FBR’s public relations wing

ISLAMABAD: The Member Public Relations of Federal Board of Revenue (FBR) Syed Ghulam Abbas Kazmi hosted a luncheon in honour...

Petrol price in Pakistan likely to jack up

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has sent a summary to the federal government for increasing petrol to...

SCCI welcomes BVMW-Germany’s interest-free loan facility for KP

PESHAWAR: The president of the Sarhad Chamber of Commerce and Industry Fuad Ishaq welcomed BVMW –Germany for extending an interest-free...

FBR invokes section 7E following Lahore High Court’s verdict

LAHORE: The Federal Board of Revenue (FBR) has taken a significant stride by invoking Section 7E of the Income Tax...

FBR to release list of active taxpayers on March 1, 2024

ISLAMABAD: The Federal Board of Revenue (FBR) has announced to unveil the new Active Taxpayers List (ATL) for the tax...

Karachi I&I seizes smuggled goods worth Rs300m in Feb

KARACHI: Regional Directorate of Customs Intelligence Karachi (I&I Karachi) has seized non-duty paid smuggled goods worth Rs300 million along with...

Karachi Enforcement impounds smuggled liquor & HSD worth Rs163.84m in separate operations

KARACHI: Collectorate of Customs Enforcement has thwarted attempts to smuggle huge quantity of foreign liquor and High Speed Diesel (HSD)...

China rolls over $2b loan to Pakistan: Shamshad Akhtar

ISLAMABAD (Reuters/Web Desk) – China has rolled over a $2 billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed...

Finance ministry reveals details of local loans during interim govt tenure

ISLAMABAD: The Ministry of Finance has disclosed the comprehensive breakdown of domestic loans acquired by the interim government spanning from...

FBR struggles to include doctors, engineers, lawyers in tax net

LAHORE: The Federal Board of Revenue (FBR) is encountering significant challenges in its mission to bring professionals such as doctors,...

OGDCL earns Rs123.296b profit in H1 of FY 2023-24

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) on Tuesday announced the financial results for the first half of the...

PCJCCI advocates for Karachi coastal project under CPEC to boost Pakistan’s economy

LAHORE: The inclusion of Karachi Coastal Comprehensive Development Zone (KCCDZ) project in the China-Pakistan Economic Corridor (CPEC) will boost Pakistan’s...

Pakistan’s rating will likely be upgraded if external risks subside: Moody’s

KARACHI: Pakistan’s rating would likely be upgraded if government liquidity and external vulnerability risks decreased materially and durably, according to...

FTO should stop behaving like a bank regulator: IHC