Lahore Enforcement recovers non-duty paid goods worth Rs648m from Shah Alam Maket

KARACHI: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has invited the global stakeholders “to support Pakistan’s journey by...

FTO presents annual report to President; highlights performance

LAHORE: The Federal Tax Ombudsman (FTO) reported a significant 51% increase in complaints lodged against the Federal Board of Revenue...

FBR chairman admits to corruption within the department

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Langrial admitted to corruption within the department on Tuesday. “Corrupt practices are...

FBR shares plan with IMF to address revenue shortfall

ISLAMABAD: The Federal Board of Revenue (FBR) has shared a plan with the International Monetary Fund (IMF) to address issues...

Commerce minister meets Cambodian Senate Chairman to boost bilateral ties

ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan met with Hun Sen, Chairman of the Cambodian Senate, during his official...

Tax Laws Amendment Bill 2024 presented in National Assembly

ISLAMABAD: The Tax Laws Amendment Bill 2024 has been presented in the National Assembly (NA). The National Assembly’s Standing Committee...

Pakistan sets sights on sustainable growth at WEF 2025

ISLAMABAD: Pakistan is set to showcase its economic resilience and potential at the World Economic Forum (WEF) 2025 in Davos,...

PCGA CEC discusses tax reduction & industry revival

MULTAN: The 324th meeting of the Central Executive Committee (CEC) of the Pakistan Cotton Ginners Association (PCGA) was held simultaneously...

Multiple steps taken for revival of Faisalabad Dry Port: Collector Rizwan Basharat

FAISALABAD: Import and export containers are being cleared on the same day under the multiple steps taken for the revival...

CCP clears 95.59pc share acquisition of Alfalah Securities by Optimus Capital

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of a 95.59 percent shareholding in Alfalah Securities (Private)...

FBR to unveil new system for rating & rewards for officers

LAHORE: The Federal Board of Revenue (FBR) has officially announced the test run of a newly developed Rating and Reward...

State Bank to announce policy rate on January 27

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, January 27, 2025...

Iran exports non-oil goods worth $1.7b to Pakistan in 9 months

ISLAMABAD: Iran exported non-oil commodities valued at $1.7 billion to Pakistan during the first nine months of the current Iranian...

FinMin Aurangzeb hopes to raise $200m through Panda Bonds

ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb has expressed the hope that Pakistan will raise approximately $200 million by issuing...

Sindh to build China-backed special economic zone to attract $3b investment

KARACHI: Sindh government announced the establishment of a special economic zone after signing of a memorandum of understanding supported by...

Hong Kong can serve as suitable platform for joint ventures between Chinese, Pakistani firms: Aurgangzeb

ISLAMABAD: Pakistan set to issue Panda bonds by June 2025, aimed at raising approximately $200 million in investment from Chinese...

Govt sees increase in revenue from excise duties

ISLAMABAD: The federal government has witnessed a 56 percent increase in revenue from excise duties, collecting a total of Rs577...

Customs Appellate Tribunal upholds release of confiscated vehicle in smuggling case

18/01/2025

MULTAN: In a significant ruling, the Customs Appellate Tribunal has upheld the decision of the Collector Adjudication to release a...

PIA to launch inaugural flight to Gwadar airport on January 20