PM vows to strengthen Pakistan-Denmark economic ties
BAKU: Prime Minister Muhammad Shehbaz Sharif has stressed the need to expand economic ties with Denmark through collaborative partnerships. He...
Japan approves grant for flood management project in Pakistan
ISLAMABAD: The Government of Japan has approved a grant amounting to 18.5 million dollars for flood management project in Pakistan....
Petrol, diesel prices in Pakistan may go up from Nov 16
ISLAMABAD: Petrol and diesel prices in Pakistan are expected to rise significantly from November 16 following the International Monetary Fund...
FBR launches new integrated system for streamlined tax payments
ISLAMABAD: Federal Board of Revenue (FBR) has introduced an innovative, integrated system enabling streamlined payment of all major taxes, including...
Govt moves forward with PIA privatization, targeting sale to Qatar or Abu Dhabi
ISLAMABAD: The government has begun work on a new plan for the privatization of PIA (Pakistan International Airlines). PIA is...
Quetta Customs detains 470 containers at Taftan
TAFTAN: Collectorate of Customs has detained 270 containers at Taftan border and around 200 consignments at NLC Quetta due to...
French envoy praises Pakistan’s economic reform agenda
ISLAMABAD: French Ambassador Nocholas Galey called on Finance Minister Muhammad Aurangzeb in Islamabad. During the meeting, issues of mutual interest,...
Pakistani-led Canadian group Al-Nihang offers $358m to acquire PIA
KARACHI: A business group in Canada led by a Pakistani expat has offered the government around Rs100 billion ($358 million)...
Car sales surge in Pakistan with significant annual increase
ISLAMABAD: Car sales in Pakistan have experienced a remarkable 112 percent year-on-year increase, this surge highlights a significant recovery in...
Multan ASO seizes smuggled goods worth Rs567.046m during October 2024
MULTAN: Collectorate of Customs Anti-Smuggling Organization (AS) seized Rs567.046 million worth of smuggled goods during the month of October 2024-25...
SHC dismisses SCRA filed by Pakistan Customs in valuation ruling case
KARACHI: The Sindh High Court (SHC) has dismissed a Special Customs Reference Application (SCRA) filed by Pakistan Customs challenging the...
Pakistan, Denmark celebrate 75 years of diplomatic relations
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb attended a special reception celebrating 75 years of diplomatic relations...
ECC approves grant worth over Rs18b in favour of Postal Services, ECP
ISLAMABAD: The Economic Coordination Committee of the cabinet has approved a supplementary grant worth over Rs18 billion in favor of...
Fake PRCs: Appraisement West file FIRs against Meezan Bank employee & others
KARACHI: Collectorate of Customs Appraisement West has registered two FIRs against several individuals, including a Meezan Bank Limited (MBL) employee,...
FBR ‘devises’ alternate plan to address tax shortfall
ISLAMABAD: Federal Board of Revenue (FBR) has devised an alternate plan to meet the tax shortfall without introducing a mini-budget,...
IMF seeks revenue-boosting measures as FBR falls short of benchmarks
ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to implement urgent revenue-boosting measures in the aftermath of the Federal...
PSX hits record high; KSE-100 Index surpasses 94,000 points
KARACHI: The Pakistan Stock Exchange (PSX) soared to an all-time high on Monday, with the benchmark KSE-100 Index crossing the...
FBR reports 18.5pc rise in customs duty collection
LAHORE: The Federal Board of Revenue (FBR) reported that customs duty collection saw a strong recovery in 2023-24, showing an...
FBR transfers three PCS officers of BS-19 to headquarters
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a special notification transferring three senior officers of the Pakistan Customs...
FBR notifies new rules for international cargo transfers at ports
ISLAMABAD: The Federal Board of Revenue (FBR) has released draft amendments under SRO 1789 (I)/2024 to strengthen the inter-port movement...
