Multan I&I destroys 87 tons of smuggled goods worth Rs146.7m
MULTAN: Regional Directorate of Customs Intelligence and Investigation, led by Director Muhammad Saeed Ahmad Wattoo, conducted a significant operation resulting...
Multan Dry Port faces severe financial crisis amidst govt policy challenges
MULTAN: Multan Dry Port, the only clearance station in Southern Punjab, is grappling with a severe financial crisis due to...
FBR announces updated WHT rates for rental income on immovable property
LAHORE: The Federal Board of Revenue (FBR) has announced updated withholding tax rates on income from rent of immovable property...
CCP approves acquisition of shares in Sindh Engro Coal Mining Company
ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 11.9% of the paid-up ordinary share...
FBR, LUMS sign MoU on machine learning & data analytics
ISLAMABAD: The Federal Board of Revenue (FBR) and the Technology for People Initiative (TPI) of Lahore University of Management Sciences...
Aurangzeb terms agriculture, IT as mainstay of economy
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb said here on Tuesday that agriculture and information technology (IT)...
Workers’ remittances increase by 44pc to $5.936b inflow in two months
KARACHI: The overseas workers’ remittances witnessed an increase of 44 per cent during the first two months of the current...
Finance Minister reiterates resolve to restructure power sector
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Tuesday recounted the structural reforms being undertaken in...
Finance Ministry reveals details of external debts over last five years
ISLAMABAD: The Ministry of Finance presented details of the external debts of Pakistan during the last five years in the...
Aurangzeb meets family of Shaheed L/NK Waqar, pays tribute to martyrs
ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb visited the residence of Shaheed Lance Naik (L/NK) Waqar Hussain Shah,...
Commerce minister determine to pursue bilateral trade with Iran, region
ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan determined to pursue bilateral trade with Iran and the region under the...
Power looms in Faisalabad facing crisis due to exorbitant electricity bills
LAHORE: Pakistan’s textile hub is in crisis as Faisalabad’s power looms industry is bearing the brunt of exorbitant electricity bills....
AGP detects major discrepancy in tax collection of FBR
ISLAMABAD: Auditor General of Pakistan (AGP) has pointed out a major discrepancy in tax collection of the Federal Board of...
ICCI President, Maldivian ambassador discuss bilateral trade opportunities
ISLAMABAD: High Commissioner of Maldives to Pakistan Mohamed Thoha emphasized the need for direct air links between Maldives and Pakistan...
PIA releases tender for sugar procurement
KARACHI: Pakistan International Airlines (PIA) has released a tender for sugar procurement. As per details, PIA has issued tender for...
Circular debt to raise by Rs100b, govt tells IMF
ISLAMABAD: The power sector debt commonly known as circular debt is set to raise by a staggering Rs100 billion during...
Mis-declaration: Customs PMBQ files FIR against M/s Turab Industries & M/s Unique Enterprises
KARACHI: Collectorate of Customs Port Mohammad Bin Qasim (PMBQ) has registered an FIR against M/s Turab Industries and M/s Unique...
Govt proposes setting electricity & gas tariffs on seasonal basis
ISLAMABAD: The federal government is contemplating a significant change in the tariff structure for electricity and gas, with proposals under...
Pakistan’s loan request missing from IMF Executive Board calendar
ISLAMABAD: The International Monetary Fund (IMF) has released its Executive Board meeting calendar until September 18, but the approval of...
Auditor General raises concerns about investment in Reko Diq
ISLAMABAD: The Auditor General of Pakistan (AGP) has raised serious concerns about a $398 million (Rs89.55 billion) investment made by...
