Pak, Belarus to deepen industrial, textile ties: Commerce Minister

ISLAMABAD: A Chinese company has expressed its willingness to install charging points for electric vehicles (EVs) throughout Sindh. An EV...

FBR Employees’ Union urges Senate chairman to restore frozen performance allowance

MULTAN: The FBR Employees Welfare Union (All Pakistan) has written a formal letter to Senate Chairman Syed Yousaf Raza Gilani,...

Organized retailers express alarm over tax enforcement, FBR-POS failures

KARACHI: The Chainstore Association of Pakistan (CAP), representing the organized segment of the country’s retail sector, voiced serious concerns on...

Non-filers likely to be barred from buying property & vehicles

KARACHI: The Pakistani government is reportedly planning stringent measures against individuals not filing tax returns, with a potential ban on...

FBR expands scope of transit fee on goods for Afghanistan via new SRO

LAHORE: The Federal Board of Revenue (FBR) has officially issued SRO 816(I)/2025, significantly expanding the application of a transit fee...

FBR intensifies efforts to curb tax evasion across key sectors

ISLAMABAD: The Federal Board of Revenue (FBR) is significantly stepping up its efforts to identify and curb tax evasion across...

SBP issues guidelines on FVOCI portfolio reclassification under basel III framework

KARACHI: The State Bank of Pakistan (SBP) has issued fresh guidelines to banks and Development Finance Institutions (DFIs) clarifying the...

IMF warns Pakistan needs $115b in external funds through 2030

ISLAMABAD: The International Monetary Fund (IMF) has projected that Pakistan will require more than $115 billion in external financing over...

Federal budget likely to hit Rs18t mark

ISLAMABAD: The federal budget for the upcoming fiscal year is expected to land between Rs17.5 trillion and Rs18 trillion, according...

Govt sets GDP growth at 4.4pc for fiscal year 2025-26

ISLAMABAD: Days before the upcoming budget 2025-2026, a proposal has been made to set the economic growth target at 4.4pc...

Planning Commission questions Rs2.237b allocated for procurement of 179 vehicles for FBR’s project

ISLAMABAD: The Planning Commission has expressed concerns over the procurement of 179 vehicles for the Federal Board of Revenue’s (FBR)...

Pakistan’s exports fall 17.66pc to $2.18b in April, imports rise 16.22pc to $5.61b

KARACHI: Pakistan’s exports saw a decline in April 2025, while imports surged during the same period, according to the latest...

Jannat Abuzar appointed Advisor to FTO

LAHORE: The Federal Tax Ombudsman (FTO) has taken a progressive step toward digital reform by appointing Jannat Abuzar as Advisor...

KP govt, HBL Konnect partner to deliver digital aid to orphans & widows

PESHAWAR: A significant agreement has been signed between the Department of Zakat & Ushr, Khyber Pakhtunkhwa, and HBL Konnect, aimed...

KCCI warns of nationwide protest over harsh tax laws

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has issued a strong warning to the federal government, signaling the...

PPRA unveils specialized procurement capacity building initiative to enhance transparency

ISLAMABAD: Aligned with the Prime Minister’s vision for a Digital Pakistan, the Public Procurement Regulatory Authority (PPRA), in collaboration with...

Aurangzeb reaffirms commitment to reforms, fair taxation across all sectors

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb met with a delegation of the American Business Council (ABC)...

IMF satisfied with federal govt, provinces over economic performance

ISLAMABAD: The International Monetary Fund (IMF) on Saturday expressed satisfaction with the economic performance of the federal and provincial governments...

Tariff rationalisation policy to make economy efficient: minister