Pakistan’s default risk drops 93pc as CDS spreads hit lowest level in years

19/12/2024

MULTAN, DECEMBER 18: In a decisive move to enforce tax regulations, the Regional Tax Office (RTO) Multan has sealed a...

FBR starts crackdown against importers involved in tax evasion, mis-declaration

19/12/2024

MULLTAN: Federal Board of Revenue sales tax department has intensified its crackdown on tax evasion, rejecting the defense of an...

Only 200,000 out of 67 million salaried individuals paying correct taxes: FBR chairman

LAHORE: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has said that only 200,000 salaried individuals out of 67...

Delay in establishing Customs Collectorate Indus causes operational setbacks

MULTAN: Despite clear instructions from the Federal Board of Revenue (FBR), the much-anticipated Customs Collectorate Indus has yet to be...

Multan Enforcement enhances surveillance on Railway cargo to curb smuggling

MULTAN: In a bid to curb rising smuggling activities, the Multan Customs Collectorate Enforcement Multan, under the direction of Collector...

Smuggling of 39,000 liters of Iranian diesel foiled

KARACHI: Customs Anti-Smuggling Marine Section successfully conducted operations in open waters, thwarting an attempt to smuggle 39,000 liters of Iranian...

Group head of trade and economy and political counselor at British High Commission visits SCCI

SIALKOT: Group Head of Trade and Economy and Political Counselor, Mahesh Mishra at the British High Commission on Wednesday visited...

FDI in Pakistan rises to $219m in November 2024: SBP

KARACHI: Pakistan recorded 31per cent surge in Foreign direct investment (FDI) in the first five months of the current fiscal...

Govt to bar non-tax payers from opening bank accounts

ISLAMABAD: The government has announced plans to tighten the noose around non-tax payers, with a new amendment bill presented in...

OGRA approves hike in gas prices, sends advice to govt for a nod

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Tuesday approved an increase in gas prices for the current fiscal...

SBP launches new version of Electronic Credit Information Bureau

KARACHI: The State Bank of Pakistan (SBP) has launched a new version of its Electronic Credit Information Bureau (eCIB), referred...

Law & order reinforced with joint Customs-Police check-posts in Punjab

ISLAMABAD: The Punjab Home Department on Wednesday has decided to establish joint checkpoints in collaboration with Customs in the province’s...

Online fraud surges in south Punjab as over 1,500 cases reported in Multan

MULTAN: Online fraud cases are on the rise in South Punjab as advanced technology and social media misuse create opportunities...

FBR, CA firm clash over Rs1.8m sales tax deduction on audit services

LAHORE: The Federal Board of Revenue (FBR) and a leading Chartered Accountants (CA) firm are embroiled in a dispute over...

Pakistan registers $944m current account surplus in 5MFY25

KARACHI: Pakistan has reported a significant current account surplus of $944 million for the first five months (July to November)...

Policy rate reduction will boost investment: PM

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has said the reduction in policy rate of two percent by the State Bank...

Ahsan hails SBP to reduce interest rate by 200 basis points

ISLAMABAD: Member Central Core Committee UBG (FPCCI) and former President ICCI, Ahsan Zafar Bakhtawari and Tuesday hailed the State Bank’s...

Jazz CEO calls for urgent reforms to support Pakistan’s 5G transition

ISLAMABAD: Jazz CEO calls for urgent reforms to support Pakistan’s 5G transition. CEO of Jazz and Chairman of the Telecom...

Japan provides $9.91m to strengthen diagnostic, treatment system in flood-affected areas of KPK