FBR imposes new levy on petrol, diesel vehicles to promote electric alternatives

LAHORE: Federal Board of Revenue (FBR) Chairman Rashid Langrial informed a sub-committee of the National Assembly’s Public Accounts Committee (PAC)...

Textile exports rise by 7.39pc to $17.887b in FY 2025

ISLAMABAD: Textile exports witnessed an increase of 7.39 percent during the financial year (2024-25) as compared to the last year...

PM hails increase of current account surplus to $2.1b

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif Friday hailed the increase of current account surplus to $2.1 billion in fiscal year...

Pakistan’s weekly forex reserves near $20b: SBP

KARACHI: Pakistan’s total foreign exchange (forex) reserves remained close to the $20 billion mark during the week ended July 11,...

Five private companies submit proposals on ferry service from Gwadar to Gulf region

KARACHI: Five private companies on Friday proposed routes for the newly announced ferry service from Gwadar to the Gulf region,...

Promotion of EVs to save billions in fuel import cost, boost local industry: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said that encouraging the use of electric vehicles (EVs) will help save billions...

US companies explore maritime opportunities in Pakistan’s port sector

KARACHI: Tuesday saw over 65 American firms attend a webinar to learn about new business prospects in Pakistan’s maritime sector....

PM seeks plan for boosting private sector investment in shipping sector

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday directed the relevant authorities to formulate a comprehensive plan to encourage private...

Pakistan–UK trade, investment cooperation fostering institutional linkages: Commerce Minister

ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan, held a series of high-level engagements in London aimed at deepening Pakistan–UK...

FBR’s active taxpayers list hits record high of 7.27 million filers

ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed that Pakistan’s Active Taxpayers List (ATL) has reached an all-time high...

Pakistan, Afghanistan & Uzbekistan to sign accord on joint feasibility study for railway project

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar is set to undertake a day-long visit to Kabul...

Govt decides to shut down Utility Stores by July 31

ISLAMABAD – The federal government has officially decided to close all Utility Stores across Pakistan by July 31, marking the...

Pakistan’s crypto minister, El Salvador’s president discuss Bitcoin strategy

SAN SALVADOR: Bilal Bin Saqib, Pakistan Crypto Council CEO and special assistant to Pakistan’s prime minister on crypto and blockchain,...

SRB further amends sales tax rules for online business integration

KARACHI: The Sindh Revenue Board (SRB) has issued another significant notification, SRB-3-4/44/2025, marking further amendments to the Sindh Sales Tax...

PCJCCI pushes for honey export expansion to China

LAHORE: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) Wednesday expressed strong interest in enhancing Pakistan’s honey exports...

ADB’s new NOM can accelerate change: evaluation report

ISLAMABAD: Ambitious reforms introduced through the Asian Development Bank’s (ADB) New Operating Model (NOM) show promise in enhancing cross-regional collaboration...

Massive fire erupts at Gerry’s Dnata Shed at Lahore Airport, imported goods destroyed

LAHORE: A major fire broke out at Gerry’s Dnata Shed at Allama Iqbal International Airport during the early hours of...

PAC grills tax authorities over FBR’s decision to cut ST on sugar imports

ISLAMABAD: The Public Accounts Committee (PAC) grilled tax authorities over a controversial decision by the Federal Board of Revenue (FBR)...

Riba-free banking’ relevant with global financial practices: Speakers