Import duties slashed on SUVs (44pc), cars (15pc), cheese (10pc) &amp; poultry (5pc) from July 1, 2025

02/07/2025

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has called for a renewed global commitment to revitalising international...

ICCI-Bahria Town ink MoU to strengthen mutual cooperation

ISLAMABAD: In a significant move aimed at fostering mutual cooperation and supporting the business community, the Islamabad Chamber of Commerce...

Govt unveils plan to expand Gwadar Port’s capacity, introduce ferry service to GCC countries

ISLAMABAD: The Ministry of Maritime Affairs on Tuesday revealed a strategic initiative to expand Gwadar Port’s operational capacity by introducing...

SBP includes exchange companies in Pakistan Remittance Initiative Scheme

KARACHI: The State Bank of Pakistan (SBP) has officially included exchange companies in the Pakistan Remittance Initiative (PRI) Scheme, alongside...

NTC imposes 21pc anti-dumping duties on Chinese polystyrene imports

LAHORE: The National Tariff Commission (NTC) of Pakistan has issued anti-dumping duties of up to 21% on Chinese import of...

LTO Karachi achieves record Rs3.5 trillion revenue in FY24-25

KARACHI: The Large Taxpayers Office (LTO) Karachi has set a new milestone by collecting a record Rs3,256 billion in taxes...

Pakistani mango festival in Abu Dhabi promotes exports

ISLAMABAD: Pakistan’s embassy in the United Arab Emirates held a mango festival in Abu Dhabi to promote the country’s prized...

FBR falls short of tax revenue target for FY25 despite record collections

ISLAMABAD: The Federal Board of Revenue (FBR) tax collection increased by 26% to Rs. 11.735 trillion in the fiscal year...

FBR blocks access of unregistrater devices for IRIS

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented a crucial new security protocol for accessing its IRIS portal, making...

Pakistan enforces Rs339.5b tax measures from July 1

ISLAMABAD: The government of Pakistan has officially implemented new taxation measures amounting to Rs339.5 billion, as introduced through the Finance...

FBR issues regulatory duty chart for FY 2025-26

ISLAMABAD: The Federal Board of Revenue (FBR) has officially notified the regulatory duty (RD) rates applicable for the fiscal year...

Finance Act 2025: Customs duty exempted for low-value courier parcels

KARACHI: The federal government has introduced a significant amendment to the Customs Act, 1969, through the recently passed Finance Act,...

FBR reports 5-fold surge in tax collection from foreign payments via cards

LAHORE: The Federal Board of Revenue (FBR) has announced a remarkable surge in its tax collection from foreign payments made...

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ICCI stresses stronger govt-business collaboration for economic growth

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) on Monday urged the government to foster stronger collaboration with the business...

Sindh Bank selects PTCL to enhance Bank’s digital connectivity infrastructure

KARACHI: Pakistan Telecommunication Company Limited (PTCL) and Sindh Bank have signed an agreement for deployment of SD-WAN (Software-Defined Wide Area...

Pakistan's Prime Minister Shehbaz Sharif, addresses the 23rd Shanghai Cooperation Organization (SCO) Summit, hosted virtually by India, in Islamabad, Pakistan July 4, 2023. Press Information Department (PID)/Handout via REUTERS

PM welcomes Bloomberg report on Pakistan’s economic stability