RCCI rejects 16pc tax on property rent in Punjab
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has strongly criticized the Punjab government’s latest fiscal policies, particularly the...
FBR notifies concessional duty rates for electric & HEVs in FY2026
ISLAMABAD: In a comprehensive move to champion clean energy transportation and reduce environmental pollution, the Federal Board of Revenue (FBR)...
Two firms buy 56pc stake in PC hotels for Rs12b
LAHORE: In a significant corporate development, two firms have acquired nearly 56% of Pakistan Services Limited (PSL), the company that...
Lahore Appraisement West achieves 35pc revenue growth in FY 2024-25
LAHORE: Collectorate of Customs Appraisement West, Lahore has reported a significant 35% increase in revenue collection for the fiscal year...
Pakistan to hold business networking event in Beijing next month
ISLAMABAD: The Pakistan Embassy in China will hold a business networking event in Beijing by the end of next month...
Karachi Port Trust charges reduced by 50pc
KARACHI: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced a major 50% reduction in port charges at Karachi...
Bank Makramah sells headquarters building in Karachi for Rs12b
KARACHI: Bank Makramah Limited (BML) – the institution formerly known as Summit Bank – has signed a sale‑and‑purchase agreement to dispose of...
Wheat import scandal: AG confirms corruption, mismanagement of caretaker govt
ISLAMABAD: The Auditor General of Pakistan has confirmed massive mismanagement, negligence, and alleged corruption in the wheat imports conducted during...
FBR develops IT-based solution to detect foreign assets
ISLAMABAD: The Federal Board of Revenue (FBR) has taken a significant step forward in its efforts to combat offshore tax...
Mobile phones import declines by 50pc in June 2025
ISLAMABAD: The Pakistan Bureau of Statistics (PBS) has revealed a dramatic 50 percent year-on-year (YoY) decline in the import of...
KP-EIR honored as world’s best digital health resource by DHRC
PESHAWAR: The Khyber Pakhtunkhwa Electronic Immunization Registry (KP-EIR), was recognized as the world’s best digital health resource by honoring with...
Parliamentary panel raises concerns over frequent toll tax hikes
LAHORE: The Public Accounts Committee (PAC) sub-committee expressed concerns over the repeated increases in toll tax in recent months, calling...
APTMA urges Finance Minister to implement promised 18pc sales tax on cotton imports
KARACHI: The All Pakistan Textile Mills Association (APTMA) has called on Finance Minister Muhammad Aurangzeb to fulfill the government’s budgetary...
Pakistan’s seafood exports set record in volume but fall short of $500m target in FY25
ISLAMABAD: Pakistan’s seafood exports reached a record-high volume during the fiscal year 2024–25, totaling 216,350 metric tons, but still fell...
Foreign Direct Investment rises by 5pc during FY2025
KARACHI: Foreign Direct Investment (FDI) into Pakistan rose by five percent during the last fiscal year (FY25) supported by Chinese...
FBR notifies promotion of seven PCS officers to BS-22
ISLAMABAD: The Federal Board of Revenue (FBR) has formally notified the promotion of several senior officers from Grade BS-21 to...
Foreign currency deposits rise by $52m to $6.99b in June 2025: SBP
KARACHI: Foreign currency deposits in Pakistan increased by $52 million, or 0.75%, to $6.99 billion as of June 2025, compared...
Pakistan keen to expand trade ties with US: FinMin Aurangzeb
WASHINGTON: Finance Minister Muhammad Aurangzeb has underscored Pakistan’s interest in expanding cooperation in both traditional and non-traditional sectors with United...
Auto financing jumps by 20pc: State Bank of Pakistan
KARACHI: Auto financing in Pakistan has seen a sharp jump, climbing 20 percent over the year, according to fresh data...
FBR imposes new levy on petrol, diesel vehicles to promote electric alternatives
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a notification implementing a new Energy Vehicle Levy on petrol and...
