AGP unveils over Rs1,100b in financial irregularities across federal ministries
ISLAMABAD: The Auditor General of Pakistan (AGP), in its audit report for the fiscal year 2023–24, has flagged serious financial...
Dubai-based bank arranges $1b financing facility for Pakistan
KARACHI: A Dubai-based bank has successfully arranged a $1 billion syndicated term-finance facility for Pakistan, the Ministry of Finance said...
Cabinet okays import of 500,000 tons of sugar to stabilise prices
ISLAMABAD: The federal cabinet has approved the import of 500,000 tons of sugar to address supply-demand imbalances and stabilise prices...
Pakistan-India trade continues despite conflict, with imports hitting a 3-year high
LAHORE: Trade between Pakistan and India continued in May 2025, with imports from India reaching $211.5 million during the first...
PM appreciates FBR, IB for joint efforts to enhance tax collection
ISLAMABAD: Prime Minister Shehbaz Sharif has commended the Federal Board of Revenue (FBR) and Intelligence Bureau (IB) for their efforts...
SECP achieves record-breaking milestones in Corporate registry during FY 2025
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has made unprecedented strides in corporate registry reforms and digital transformation...
SCCI welcomes govt’s initiatives for revival of manufacturing sector
PESHAWAR: Sarhad Chamber of Commerce and Industry (SCCI) has welcomed the government’s announcement of a new industrial policy for revival...
Govt to cut container dwell time by 70pc at ports: Junaid Chaudhry
ISLAMABAD: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry has announced the establishment of a high-level committee tasked with...
Naqvi orders crackdown on hawala-hundi mafia, non-customs goods
KARACHI: Interior Minister Mohsin Naqvi directed the Federal Investigation Agency (FIA) to launch a full-scale crackdown on hawala-hundi networks, non-custom...
FDI-driven M&A activity crosses $50m in FY25 with 69 approvals from CCP
KARACHI: The Competition Commission of Pakistan (CCP) approved 69 merger and acquisition (M&A) transactions during fiscal year 2024–25, facilitating an...
Austerity measures extension notified for fiscal year 2025–26
ISLAMABAD: The Finance Division has notified the continuation of austerity measures for the fiscal year 2025–26, following the approval of...
Govt imposes new taxes on cash deposits & purchases from non NTN holders
ISLAMABAD: The government has introduced significant amendments to Section 21 of the Income Tax Ordinance. These new tax regulations are...
FBR has issued notification draft electronic Income Tax Return Forms 2025
ISLAMABAD: The Federal Board of Revenue (FBR) has officially published a draft of further amendments to the Income Tax Rules,...
Govt retires Rs500b SBP debt early, total early paydowns reach Rs1.5 trillion: Khurram Shehzad
ISLAMABAD: In another bold and unprecedented step toward fiscal responsibility, the Ministry of Finance has successfully retired Rs 500 billion...
Exchange companies contribute $5b in remittances during FY2024-25
KARACHI: Foreign currency exchange companies in Pakistan contributed nearly $5 billion in remittances during the fiscal year 2024-25, marking a...
‘ICCI to continue pushing for business reforms, SME growth’
ISLAMABAD: Nasir Mansoor Qureshi, President, Islamabad Chamber of Commerce and Industry (ICCI) said that ICCI to continue push for business...
Aurangzeb stresses sustained tariff reform to boost trade competitiveness
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting of the Steering Committee for the Implementation...
CAT upholds CCP’s findings against PREMA milk for deceptive marketing, reduces fine to Rs5m
ISLAMABAD: The Competition Appellate Tribunal (CAT) has upheld the findings of the Competition Commission of Pakistan (CCP) against M/s At-Tahur...
Pakistan’s economy is now out of the difficult period: SBP Governor
KARACHI: The Governor State Bank of Pakistan (SBP) Jameel Ahmad on Monday said that the economy of the country endured...
Pakistan, AFD signs grant agreement worth Euro 12 million
ISLAMABAD: The Government of Pakistan and French Development Agency (AFD) have signed a grant agreement worth Euro 12 million in...
