RDA inflows rise to $9.564b in Jan 2025

KARACHI: Unknown miscreants set two trucks on fire Tuesday morning, carrying cargo, in Landhi and Korangi areas of the metropolis,...

PM Shehbaz lauds DP World’s role in enhancing Pakistan’s trade

DUBAI: Group Chairman and CEO of DP World, Sultan Ahmed bin Sulayem called on Prime Minister Shehbaz Sharif in Dubai...

Karachi LTO seals M/s Zelbury outlet for issuing unverified invoices

KARACHI: The Large Taxpayers Office (LTO) Karachi has taken decisive action by sealing an outlet of Zelbury, a well-known online...

Economic reforms report analysis of 120 reforms implement in 11 months

ISLAMABAD: Mishal Pakistan, the Country Partner Institute of the World Economic Forum’s New Economic and Societies Platform, has officially launched...

IMF rejects extension in declaration of assets by govt officials

ISLAMABAD: The International Monetary Fund (IMF) has rejected the request seeking an extension in the declaration of assets by government...

Transshipment volumes surge over 50pc as Faceless Assessment System takes effect

KARACHI: The Faceless Assessment System (FSA) has led to a significant increase in the volume of transshipment (TP) consignments, with...

Punjab govt to take control of illegal LPG decanting plants amid safety concerns

LAHORE: The Punjab government has decided to take control of illegal LPG decanting plants instead of merely seizing them, in...

Govt may scrap FED on property transfers amid industry concerns

ISLAMABAD: The federal government is considering removing the Federal Excise Duty (FED) on the transfer of plots and commercial properties...

SECP grants license to first digital, online-only securities broker in Pakistan

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) had granted license to Tamkeen Securities (Pvt) Ltd, Pakistan’s first fully...

IMF scoping mission visiting Pakistan for GCD assessment, says finance ministry

ISLAMABAD: In line with this commitment, a three-member International Monetary Fund (IMF) scoping mission is visiting Pakistan to undertake the...

Minimum taxes imperative to attract local, foreign investment: FCCI president

FAISALABAD: Minimum taxes are imperative to attract maximum local and foreign investment which can play a key role in accelerating...

Finance Minister, UK’s Undersecretary discuss matters of bilateral interest

LISBON: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb met with British Parliamentary Undersecretary of State for Middle East,...

Pakistan’s exports to Afghanistan increase by 92pc to $504m

ISLAMABAD: Pakistan’s export of goods and services to Afghanistan witnessed an increase of 92.05 percent during the first six months...

Pakistan faces Rs103b loss over RLNG price delay

KARACHI: The Auditor General of Pakistan (AGP) has criticized the Oil and Gas Regulatory Authority (OGRA) for its failure to...

Govt recovers Rs146b in nationwide power theft crackdown

ISLAMABAD: Pakistan's nationwide crackdown on power theft has resulted in the recovery of Rs 146.64 billion since its initiation in...

Salaried class faces sharp rise in tax burden

LAHORE: Federal Board of Revenue (FBR) projects collecting Rs570 billion in taxes from salaried individuals during the current fiscal year,...

Finance Minister attends funeral ceremony of late Prince Karim al-Hussaini Aga Khan

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb attended the funeral ceremony of late Prince Karim al-Hussaini Aga...

Govt prioritizes expense cuts & civil govt rightsizing: Khurram Schehzad

KARACHI: Advisor to the Federal Finance Minister, Khurram Schehzad, emphasized has said that the government is focused on reducing its...

Saudi businesses eye stronger ties with Pakistan as Albaik confirms expansion