SHC rejects petition filed by M/s Ahmad Noor Steel Furnace seeking release of goods

KARACHI: Pakistan’s stock market witnessed a surge of foreign investment via Specially Convertible Rupee Accounts (SCRA) in the week ended...

Telecom sector’s revenue grows 17pc to Rs850b in FY23

ISLAMABAD: Pakistan’s telecom sector generated Rs. 850 billion in terms of revenues in the fiscal year 2022-23 (FY23), showing a...

ICCI for enhancing education budget to promote knowledge economy

ISLAMABAD: President Islamabad Chamber of Commerce and Industry Ahsan Zafar Bakhtawari urged the need to enhance budgetary allocation for educational...

Int’l Customs Day: Chairman FBR lauds Pakistan Customs anti-smuggling strategy

PESHAWAR: International Customs Day-2024 celebrations were held at the Customs House Peshawar on 26th January, 2024. Chairman Federal Board of...

Businessmen urge Chairman FBR for measures to curb smuggling

PESHAWAR: A delegation of businessmen, during a consultation with the Chairman Federal Board of Revenue (FBR) Malik Amjad Zubair Tawana...

Pakistan to collect highest-ever tax in FY2023-24: IMF

ISLAMABAD: The International Monetary Fund (IMF) commended the Federal Board of Revenue’s (FBR) performance for expanding Pakistan’s tax net. The...

Multan I&I seizes smuggled goods, NDP vehicles worth Rs3.68b during 1H of FY2023-24

MULTAN: Directorate of Customs Intelligence and Investigation (I&I) has successfully conducted raids and impounded non-customs paid vehicles and goods worth...

Customs unite against illicit trade with Int’l Customs Day highlight at Wagah Border

LAHORE: The World Customs Organization (WCO) has declared 2024 as a dedicated year for "Customs Engaging Traditional and New Partners...

Dr. Torsten Bernasco unveils QCI & AGI Company in Dubai

DUBAI: Dr. Torsten Bernasco, a luminary in the Artificial Intelligence realm, boasting over two decades of triumphant entrepreneurial endeavors across...

Trade & Investment officers visit PSGMEA

SIALKOT: Trade and investment officers appointed by the Ministry of Commerce to abroad visited the Pakistan Sports Goods Manufactuers and...

Collector Appeals empowered to halt recovery process for 30 days

ISLAMABAD: the Pakistan Customs has conferred the authority upon Collector (Appeals) to stay recovery for a maximum period of 30...

Pakistan cuts profit rates on key saving certificates

KARACHI: Pakistan has announced a significant reduction in profit rates on key saving certificates, effective from Friday, January 26, 2024....

LHC dismisses M/s Kashf Foundation’s appeal regarding NPO status

LAHORE: The Lahore High Court (LHC) has rejected an appeal filed by the Chief Executive of Kashf Foundation against the...

Petroleum prices likely to increase in next review

KARACHI: Industry officials have alerted citizens to brace for an increase in petrol and high-speed diesel (HSD) prices in the...

Norway wants to further enhance business relations with Pakistan

ISLAMABAD: A delegation of the Islamabad Chamber of Commerce and Industry (ICCI) led by President Ahsan Zafar Bakhtawari visited the...

SIFC urges stakeholders to fast-track initiatives for investor-friendly environment

ISLAMABAD: The Special Investment Facilitation Council (SIFC) has directed the stakeholders to expedite various initiatives for providing a comprehensive enabling...

Pakistan’s foreign reserves stands at US$ 13,341.4m

KARACHI: Pakistan’s total liquid foreign reserves stood at $13,341.4 million as of January 19, 2024, as reported by the State...

Pakistan ‘seeks’ rollover of $2b loan from China

ISLAMABAD: Pakistan has ‘sought’ rollover of $2 billion loan from China, as the term for safe deposit is expiring on...

MoF implements stricter fiscal controls amid financial autonomy claims