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

17/07/2025

KARACHI: The Sindh government has taken a significant step towards formalizing its provincial tax regime by making it mandatory for...

Export-led economy imperative for national economic growth: Qaiser Sheikh

17/07/2025

ISLAMABAD: Federal Minister for Board of Investment, Qaiser Ahmed Sheikh has said that an export-led economy is imperative for national...

PM Shehbaz voices satisfaction over positive trends in macroeconomic indicators

ISLAMABAD: Prime Minister Shehbaz Sharif has expressed satisfaction over the recent positive trends in macroeconomic indicators. Chairing a meeting of...

PIA to resume UK operations in August following removal from UK Air Safety List

LONDON: In a significant development for Pakistan’s aviation sector, the United Kingdom has officially removed Pakistan from its Air Safety...

CDNS sets saving inflows target of Rs1.3 trillion for FY2025-26

ISLAMABAD: The Central Directorate of National Savings (CDNS), has set a savings inflows target of Rs 1.3 trillion for the...

Port Qasim Power Project seeks urgent funds to settle Rs480b dues to Chinese IPPs

KARACHI: Port Qasim Electric Power Company Private Limited (PQEPC) has formally requested Finance Minister Senator Muhammad Aurangzeb to facilitate the...

APTMA disputes FBR’s cross-subsidy calculation, calls for competitive industrial

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed disagreement with the Federal Board of Revenue’s (FBR) estimate on...

Punjab to reward whistleblowers for reporting property tax evasion

LAHORE: The Punjab Assembly’s Standing Committee has approved - the Property Tax Amendment Bill 2025 - which introduces a reward...

Profiteering, hoarding of sugar not to be tolerated: minister

ISLAMABAD: Minister for National Food Security & Research, Rana Tanveer Hussain has said that the government is fully committed for...

Petrol prices increased by Rs5.36, per liter, diesel Rs11.37

ISLAMABAD: The government increased the price of Motor Spirit (MS) Petrol by Rs5.36 per liter and high speed diesel (HSD)...

Traders defer strike after govt forms body to allay their concerns

ISLAMABAD: In a key development aimed at defusing tensions with the business community, the federal government on Tuesday agreed to...

Goods transporters announce nationwide strike on July 19

KARACHI: Goods transport associations across Pakistan have announced a complete nationwide wheel-jam strike on July 19, pledging full solidarity with...

FBR empowers provincial officials to seize illicit cigarettes

LAHORE: The Federal Board of Revenue (FBR) has granted new powers to provincial authorities to help stop the illegal trade...

DG Valuation fixes export values for mangoes vide VR No.2/2025

KARACHI: Pakistan Customs has officially notified the export values for mangoes for the current season, setting a fresh benchmark for...

Supreme Court declares FBR recovery notices without due notice as illegal

ISLAMABAD: The Supreme Court of Pakistan has declared the issuance of recovery notices by the Federal Board of Revenue (FBR)...

Pakistan’s cotton imports surpass local output amid policy concerns

ISLAMABAD: Pakistan's cotton and yarn imports have soared to $4.24 billion in fiscal year 2025, crossing the country's domestic production...

IMF ‘objects’ to tax exemption on sugar imports