FBR falls short of its January target by Rs80b
ISLAMABAD: The Federal Board of Revenue (FBR) fell short of its tax collection target of January by Rs80 billion as...
Govt diverts two LNG cargoes to international market
KARACHI: Pakistan LNG Limited (PLL), a government company, has diverted two LNG cargoes from ENI, expected to arrive here in...
Govt hikes petroleum prices by up to Rs7 per litre
ISLAMABAD: The government has increased the price of petrol by Re1 per litre, setting the new price at Rs257.13 per...
Govt likely to raise petrol, diesel prices tonight
ISLAMABAD: The government is expected to raise the price of petrol by Rs1.24 per litre and diesel by Rs4.49 per...
PTA reminds int’l travelers to pay FBR taxes for Mobile Device Registration under DIRBS
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) reminds international travelers bringing mobile devices into Pakistan to fulfil their tax obligations as...
Pakistan’s total liquid foreign reserves $16.05b
KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 16,052.1 million while the SBP reserves recorded as $...
Govt’s prudent policies result in sharp decline in inflation rate
ISLAMABAD: The prudent policies, administrative measures and relief measures implemented by the government helped in effectively curb inflationary pressures amid...
‘FBR’s new tax reforms spark concerns over public hardship’
MULTAN: The Federal Board of Revenue (FBR) has recently introduced significant changes to Pakistan’s tax regulations causing severe negative impact,...
Customs AIIA thwarts attempt to smuggles 220kg of pork & 22 liquor bottles
LAHORE: Customs officials deputed at Allama Iqbal International Airport (AIIA) conducted an operation, seizing 220 kg of pork and 22...
FBR halts procurement of over 1,000 vehicles amid outcry
ISLAMABAD: After the Senate Standing Committee on Finance and Revenue raised objections to the purchase of 1,010 new vehicles, the...
FBR collects over Rs800b in tax by Jan 30
ISLAMABAD: The Federal Board of Revenue (FBR) has collected over Rs800 billion in tax by January 30, 2025. According to...
Multan Customs express concerns regarding recent ruling by Customs Appellate Tribunal
MULTAN: Collectorate of Customs has raised serious concerns regarding a recent ruling by the Customs Appellate Tribunal, which allegedly ignored...
Rightsizing body reviews MoIB, NH&CD restructuring
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb chaired meeting of the Cabinet Committee on Rightsizing of the...
Economic analysts warn of increase in goods smuggling
MULTAN: The stabilisation of Pakistan's economy may receive another jolt in the year 2025 as neighbouring country Afghanistan's secret aid...
Pakistan’s inflation rate drops to lowest level in over 6 years
ISLAMABAD: The inflation rate in Pakistan has fallen to 4.1% in December 2024, marking the lowest level in 80 months,...
FBR’s tax notices to salaried individuals spark controversy over legality & fairness
ISLAMABAD: The Federal Board of Revenue’s (FBR) field offices have come under scrutiny for issuing tax recovery notices to salaried...
FBR tightens tax enforcement for POS retailers, mandates digital payment integration
ISLAMABAD: The Federal Board of Revenue (FBR) has introduced major changes in the regulations for retailers integrated with the point-of-sale...
OICCI hosts inaugural Climate Excellence Awards
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) concluded the third Pakistan Climate Conference, marking the event with...
LCCI SVP meets Iranian consul general to discuss expansion of trade
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Senior Vice President Engineer Khalid Usman met with Consul General of Iran...
Chinese firm to invest $340m in Pakistan’s EV sector
ISLAMABAD: A Chinese group has announced a $340 million investment in Pakistan’s electric vehicle (EV) sector, aiming to establish a...
