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...
Peshawar High Court restricts FBR’s power to tax cash gifts in blood relations
PESHAWAR: The Peshawar High Court has issued a decision asserting that the Federal Board of Revenue (FBR) cannot impose tax...
FTO stops new tax audits until pending refunds are processed
LAHORE: The Federal Tax Ombudsman (FTO) has issued a directive instructing the Chief Commissioner Inland Revenue Corporate Tax Office, Islamabad,...
FBR unveils Pakistan’s first AI-based custom clearance, risk management system
ISLAMABAD, Jul 7 (APP): The Federal Board of Revenue (FBR), under the direction of Prime Minister Muhammad Shehbaz Sharif, has...
Govt accepts IMF demand to public officers’ asset declaration
ISLAMABAD: The federal government has fulfilled another condition set by the International Monetary Fund (IMF), making it mandatory for all...
Business community is backbone of economy, says FTO Coordinator
LAHORE: Federal Tax Ombudsman (FTO) Coordinator Saif Ur Rehman said that the business community serves as the backbone of Pakistan’s...
Tax-free income costs FBR Rs443b in FY25, up 53pc
ISLAMABAD: The Federal Board of Revenue (FBR) has disclosed that the government’s policy of granting tax-free total income to various...
TDAP board’s 12th meeting approves strategic export initiatives, restructuring plans
ISLAMABAD: The 12th Board Meeting of the Trade Development Authority of Pakistan (TDAP) was, in Islamabad, under the chairmanship of...
Finance Minister reviews progress on Prime Minister’s fan replacement program
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Monday chaired a high-level meeting to review the...
ATM withdrawal fee hiked to Rs35 for non-host transactions
KARACHI: Banks across Pakistan have increased the fee for withdrawing cash from ATMs not owned by the cardholder’s bank, with...
Overseas Pakistanis can now get international driving license within minutes at Lahore airport
LAHORE - Great news for overseas Pakistanis! Lahore Traffic Police has introduced a major facility allowing citizens to obtain an...
SMEDA, JICA sign agreement to enhance women entrepreneurship
LAHORE: Small and Medium Enterprises Development Authority (SMEDA) and the Japan International Cooperation Agency (JICA) have inked an agreement for...
Pakistan, Azerbaijan vow to boost cooperation in trade, investment
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday met President of Azerbaijan Ilham Aliyev on the sidelines of the Economic Cooperation...
FinMin Aurangzeb pushes strategic global partnerships at Seville Conference
ISLAMABAD: Federal Finance Minister Senator Muhammad Aurangzeb held a series of high-level bilateral meetings on the sidelines of the Fourth...
Pakistan opens mining sector to US, China & Russia with equal bidding rights
ISLAMABAD: In a major policy shift aimed at attracting global investment, Pakistan has invited companies from the United States, China,...
SECP Appellate Bench resolves 124 appeals in FY25, upholds 91pc of decisions
KARACHI: The Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) concluded 124 appeals during the fiscal year...
‘Govt considers revising Qatar LNG deal to address gas supply issues’
ISLAMABAD: Pakistan’s Petroleum Minister, Ali Pervaiz Malik has said that the government might change its long-term Liquefied Natural Gas (LNG)...
Supreme Court introduces e-filing system to modernize Pakistan’s judicial process
ISLAMABAD: In a significant step to update Pakistan’s judicial system, the Supreme Court has implemented an e-filing System. The system...
Lahore Appraisement East posts 27pc surge in revenue Collection in Fiscal Year 2024-25
LAHORE: Collectorate of Customs Appraisement East, under the leadership of Collector Mehreen Nasim and Additional Collector Pirzada Muhammad Omar Qasmi,...
Chinese power firms face prolonged payment delays under CPEC
BEIJING: Chinese independent power producers (IPPs) under the China-Pakistan Economic Corridor (CPEC) are facing significant payment delays in Pakistan, even...
