BankIslami redefines Pakistan’s financial landscape with riba free banking for all
KARACHI: BankIslami, one of the leading Islamic financial institutions in Pakistan, has launched a pivotal initiative by promoting its riba-free...
FPCCI urges federal tax ombudsman to improve business environment
LAHORE: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Atif Ikram Sheikh, alongside Vice President and...
FBR starts action against non-taxpaying traders of Azam Market, Hall Road, Akbari Mandi
LAHORE: The Federal Board of Revenue (FBR) has started issuing warning to traders of Azam Market, Anarkali, Hall Road, Sutar...
Pakistan ‘seeks’ additional $2b climate fund from IMF
ISLAMABAD: The government of Pakistan is seeking an additional $2 billion from the International Monetary Fund (IMF) to address the...
Pakistan to get $3b loan from Islamic Trade Financing Corporation
ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...
MTBA seeks SOP implementation at RTO Multan to address inconsistencies in taxpayer information change
MULTAN: The Multan Tax Bar Association has raised concerns regarding the absence of a clear mechanism or Standard Operating Procedure...
Govt sets out plan for transforming transport corridors into economic corridors
ISLAMABAD: The federal government has initiated a major plan to transform Pakistan’s transport corridors into thriving economic zones, which will...
SCCI chief urges for providing soft loans to KP businessmen
PESHAWAR: Sarhad Chamber of Commerce and Industry president Fazal Moqeem Khan has urged the government and State Bank of Pakistan...
FBR to unveil new ATL on November 1, 2024
ISLAMABAD: The Federal Board of Revenue (FBR) is poised to unveil the new Active Taxpayers List (ATL) for the tax...
FBR seeks stern action against tax officials involved in flying invoices
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a resolute directive calling for immediate action against tax officials implicated...
SBP injects over Rs4 trillion in the market through OMO
KARACHI: The State Bank of Pakistan (SBP) injected Rs4,093 billion in the market through reverse repo purchase and Shariah Compliant...
Tax refunds not favour but legitimate right of businessmen: FTO
LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has said that the tax refunds are not a favour but...
FBR urged to shift focus to illicit cigarette manufacturers
LAHORE: The Federal Board of Revenue (FBR) must target manufacturers, in addition to retailers and wholesalers, in its fight against...
PC Lahore & The Walled City join hands to promote tourism and cultural heritage
LAHORE: Pearl-Continental Hotel, Lahore (PCHL) and the Walled City of Lahore Authority (WCLA) have signed a Memorandum of Understanding (MoU)...
US seeks special creditor status for $1b loan to Pakistan’s Reko Diq project
ISLAMABAD: The US pushes for preferred creditor status as it looks to lend $1 billion for the Reko Diq project,...
Pakistan’s large-scale manufacturing sees 4.68pc growth
ISLAMABAD: Pakistan’s large-scale manufacturing (LSM) sector witnessed a significant improvement in August 2024, with production increasing by 4.68% compared to...
FCCI president stresses balanced sales tax system
FAISALABAD: A balanced, transparent, compliant and business supportive sales tax system is imperative and the FBR as well as business...
FBR waives affidavit requirement for September 2024 sale tax returns
ISLAMABAD: The Federal Board of Revenue (FBR) waived the affidavit requirement for sales tax returns for the tax period September...
SBP reserves surge above $11b, highest in 30 months
KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by $215 million to $11.022 billion during the week...
FBR expedites action against tax evader companies, individuals
ISLAMABAD: The Federal Board of Revenue (FBR) has expedited its action against the tax evader companies and individuals, ARY News...
