Call to enhance cooperation between FCCI &amp; SCCI

15/07/2025

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has briefed Moody’s on Pakistan’s Stabilizing economy, reform drive and...

ITFC signs $513m financing with Pakistan

15/07/2025

ISLAMABAD: The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, signed a $513...

Pakistan imposes region’s heaviest taxes on telecom industry: ADB

15/07/2025

ISLAMABAD: The Asian Development Bank (ADB) has stated that Pakistan has imposed the highest taxes on the telecom sector in...

CCP imposes Rs1.007 billion in penalties for anti-competitive practices in FY25

LAHORE: The Competition Commission of Pakistan (CCP) issued 12 major orders during FY 2024-25, levying a total of Rs1.007 billion...

ICCI President urges youth to embrace future-facing skills

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Nasir Mansoor Qureshi, has emphasized that in an era where automation...

Interest rate may drop soon, but SBP holds the key: Muhammad Aurangzeb

KARACHI: Finance Minister Muhammad Aurangzeb has said that there is room to reduce the interest rate, but the final decision...

Expanding tax base, reducing tax burden on poor- govt’s top priority: PM

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday said that expanding the tax base and reducing the burden of taxes...

Pakistan-Afghanistan trade nears $1b in first half of 2025

PESHAWAR: Bilateral trade between Pakistan and Afghanistan reached $989 million in the first six months of 2025, according to data...

FBR notifies new rules for freight forwarder licensing in Pakistan

ISLAMABAD: The Federal Board of Revenue (FBR) recently released new rules for freight forwarder license in Pakistan. According to the...

IMF praises Pakistan’s economic reforms, highlights strong progress and climate focus

ISLAMABAD: The International Monetary Fund (IMF) has commended Pakistan’s strong performance under its $7 billion Extended Fund Facility (EFF), describing...

Petrol prices likely to see massive increase from July 16

LAHORE: The petroleum prices may witness a whooping increase in the upcoming fortnightly review for July 2025 amid upward trend...

Nationwide strike looms: Aurangzeb calls traders to the table

KARACHI: The Finance Minister of Pakistan, Muhammad Aurangzeb, has invited all chambers and trade associations nationwide for a negotiation meeting...

FBR to automate input tax adjustments, empowering taxpayers to contest decisions

ISLAMABAD: The Federal Board of Revenue (FBR) is set to implement a significant change in its tax administration, as it...

Pakistan, UK agrees to deepen bilateral economic, trade ties

ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan, held a meeting with Lord Wajid Khan, UK Minister of Housing, Communication,...

ICCI slams FBR’s new powers, warns of economic fallout

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) raised strong objections to the enhanced authority granted to Federal Board...

Peshawar High Court issues stay order against FBR’s e-invoicing implementation

PESHAWAR: In a significant legal intervention, the Peshawar High Court has issued an order effectively staying any adverse action by...

NJPMC directs division benches to hear tax, financial cases in High Courts

LAHORE: In a key policy shift, the National Judicial (Policy Making) Committee (NJPMC) has decided that all constitutional petitions related...

Ahsan for early start of transshipment operations between Gwadar & Persian Gulf

ISLAMABAD: Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, chaired a high-level meeting of the Cabinet Committee on the...

President calls for promoting trade, investment ties with Czech Republic, Ukraine