World Bank flags Pakistan’s $69m digital economy enhancement project
ISLAMABAD: The World Bank recently flagged significant implementation gaps in Pakistan’s Digital Economy Enhancement Project (DEEP). According to newly reviewed...
NEPRA sets uniform grid charges for open access electricity consumers
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has issued its decision to introduce uniform grid charges for open access...
Qatari LNG tanker crosses Strait of Hormuz, heads to Pakistan’s Port Qasim
SINGAPORE: The Al Marrouna LNG tanker has crossed the Strait of Hormuz and is heading towards Pakistan’s Port Qasim, marking...
Pakistan, Oman plan sister-port link between Gwadar, Sohar to boost regional trade
KARACHI: Pakistan and Oman are working towards establishing Gwadar Port and Oman’s Sohar Port as sister ports to strengthen maritime...
Investing in Balochistan’s Youth is investing in Pakistan’s Future: Sardar Tahir Mehmood
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Sardar Tahir Mehmood has called upon the business community, philanthropists and...
NEV tax incentives could cost Pakistan Rs150b annually
LAHORE: The government’s favorable tax and duty regime for New Energy Vehicles (NEVs), including a flat 1% sales tax, could...
Indus Motor faces over Rs73 billion customs duty liability
KARACHI: Indus Motor Company Limited, the assembler of Toyota vehicles in Pakistan, has disclosed a potential customs duty liability of...
New tax proposed for Islamabad under plan to make city autonomous unit
ISLAMABAD: Proposals have been prepared to introduce a new local tax in Islamabad if the federal capital is made an...
SIFC engages Japanese Sumitomo Corporation for investment in Pakistan
ISLAMABAD: The Special Investment Facilitation Council (SIFC) has engaged Sumitomo Corporation, Japan, to explore investment opportunities in Pakistan’s high-potential mining...
Supreme Court rules in favour of FBR employees demanding HQs allowance
ISLAMABAD: Upholding the verdict given by a services tribunal in the favour of the Federal Board of Revenue (FBR) employees,...
ECC approves Rs6.6bn for bulletproof vehicles ahead of SCO Summit
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a Technical Supplementary Grant of Rs6.6 billion for the...
FBR sets deadlines to clear backlog of deferred sales tax refunds
ISLAMABAD: The Federal Board of Revenue (FBR) has introduced stage-wise timelines for processing deferred sales tax refund claims under the...
Record petroleum levy collection as citizens face costliest fuel prices
ISLAMABAD: The current federal government has completed two and a half years in office, during which citizens have faced record-high...
FBR reshuffles Customs jurisdictions, expands digital cargo monitoring
ISLAMABAD: The Federal Board of Revenue (FBR) has restructured the jurisdiction and functions of Customs field formations across the country,...
Govt cut super tax to 8pc as part of broad structural reforms, says Kiyani
ISLAMABAD: In a major relief measure for the corporate sector, Minister of State for Finance Bilal Azhar Kayani announced that...
Peshawar Customs to auction 73 non-duty-paid vehicles on Sept 9, 2026
PESHAWAR: The Collectorate of Customs Enforcement Peshawar has announced the auction of 73 non-duty-paid vehicles on September 9, 2026, featuring...
FBR adds five steel units to Rs5 electricity sales tax regime
ISLAMABAD: The Federal Board of Revenue (FBR) has amended its Sales Tax General Order (STGO) 16 of 2026 to add...
Pakistan issues third LNG tender for September after rejecting costly bids
KARACHI: Pakistan has issued a fresh international tender for the procurement of a liquefied natural gas (LNG) cargo for September,...
Japan to provide $16.4m grant for flood protection project in Sindh
ISLAMABAD: Pakistan and Japan have signed a grant agreement for a flood protection project in Sindh, with Tokyo providing 2.58...
