Pakistan, UNICEF ink MoU to shield children from climate risks

ISLAMABAD: The Ministry of Maritime Affairs has prepared a draft of the Pakistan Shipping Policy 2024, aimed at bolstering the...

FBR notifies new roles for DG Customs Intelligence & Investigation

LAHORE: The Federal Board of Revenue (FBR) has issued new guidelines outlining the functions and jurisdiction of the Directorate General...

Customs Exports detects tax evasion of Rs40.16m by M/s Pro Textile, Karachi

KARACHI: Collectorate of Customs Exports at Port Muhammad Bin Qasim (PMBQ) detected tax evasion of Rs40.16 million by M/s Pro...

Pakistan’s foreign exchange reserves stand at $15.96b

KARACHI: Pakistan’s overall foreign exchange reserves were recorded at US$15.96 billion during the week ended on November 8. According to...

Pakistan, Abu Dhabi Ports sign MoUs for collaboration in multiple fields

ISLAMABAD: Pakistan and Abu Dhabi Ports Group on Friday signed four Memorandums of Understanding (MoUs) to enhance collaboration in multiple...

SECP reports robust growth with registration of 2,477 new companies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,477 new companies in October 2024. This brings the total...

Sufficient fertilizer stocks available for Rabi season: FRC

ISLAMABAD: The Fertilizer Review Committee (FRC) expressed complete satisfaction with the country’s current fertilizer reserves, ensuring adequate supplies of both...

Tax tribunal backs RTO Multan’s right to amend erroneous orders

MULTAN: A tax tribunal has upheld the tax authority’s right to correct erroneous assessment orders even if the taxpayer’s...

Historic development: First direct cargo ship arrives in Bangladesh from Pakistan

CHITTAGONG: A direct cargo ship from Pakistan, docked at the port of Chittagong, Bangladesh, marking the establishment of the first-ever...

FPCCI for extending PM’s winter package to SME sector

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) appreciating the announcement of winter package for industries, on...

Azakhel Dry Port KPK losses billions due to abolition of superintendent examination

AZAKHEL: Due to abolition of superintendent at Azakhel Dry Port KPK, clearing agents and examiners have lost billions of rupees...

Provinces to brief IMF team on delayed law for 45pc agri tax

ISLAMABAD: The visiting International Monetary Fund (IMF) mission is set to meet with representatives from the provincial governments to discuss...

‘PIA likely to be sold to a foreign govt via SIFC’

ISLAMABAD: Pakistan International Airlines (PIA) is likely to be sold to a foreign government as the Privatisation Commission has rejected...

Pakistan, Finland seek stronger trade ties, explore new sectors

ISLAMABAD: Pakistan and Finland are moving toward a new chapter in economic relations following a productive meeting between Pakistan’s Federal...

FBR rules out mini-budget and GST on petroleum products in IMF talks

ISLAMABAD: Federal Board of Revenue (FBR) has assured that no mini-budget will be introduced while affirming the government’s commitment to...

SBP approves TPL Corp, Abhi’s acquisition of FINCA Microfinance Bank

KARACHI: The State Bank of Pakistan (SBP) has given its final approval to TPL Corp Limited (TPL), a Pakistani financial...

FTO directs FBR to address discriminatory sales tax registration system

MULTAN: The Federal Tax Ombudsman (FTO), Dr. Asif Mahmood Jah, has directed the Federal Board of Revenue (FBR) to revisit...

Customs dept under fire for issuing time-barred notices

LAHORE: The customs department is facing intense criticism for issuing time-barred notices, creating unnecessary hurdles for importers and fuelling concerns...

Foreign investors express interest in investing in Pakistan