Gohar Ejaz group makes clean sweep of APTMA election for 16th time

KARACHI: Pakistan’s telecommunication services are facing a potential crisis as the dispute over the renewal of licenses and outstanding dues...

Petrol, diesel prices expected to drop by Rs5-6 per litre for third fortnight

ISLAMABAD: For the third consecutive fortnight, the prices of major petroleum products like petrol and high-speed diesel (HSD) are expected...

FBR directs SOEs to resolve their tax disputes through ADRCs

LAHORE: The Federal Board of Revenue (FBR) has directed State Owned Enterprises (SOEs) to resolve their tax-related disputes with the...

Tax table being reviewed to address trader’ apprehensions: Naeem Mir

FAISALABAD: Coordinator to Prime Minister for Tajir Dost Scheme Muhammad Naeem Mir has said that tax table is being reviewed...

FBR forms 32-member task force to address tax collection gaps

ISLAMABAD: The Federal Board of Revenue (FBR) has established a 32-member working group to identify gaps in revenue collection and...

FBR invites Karachi traders for talks amid strike against tajir dost scheme

ISLAMABAD: The Federal Board of Revenue (FBR) has extended an invitation to traders for negotiations in response to the planned...

Lahore refund scam: Probe over, errant taxmen will be punished: FBR chairman

LAHORE: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has said the FBR has completed inquiry against the tax...

SHC order declaring transfers, postings of 16 IR, 11 PCS officers legal to be implemented: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) issued a circular — No. 20 (1) S-HRMIR One 2024/177654-R — to the...

Illegal recovery by FBR: President endorses FTO’s landmark decision

ISLAMABAD: President Asif Ali Zardari has confirmed a landmark order issued by Federal Tax Ombudsman (FTO) Dr Asif Jah, who...

Govt decides to shut down utility stores across country

ISLAMABAD: The federal government has decided to shut down utility stores across Pakistan due to financial constraints, Industry and Production...

SBP injects Rs966.5b into market

KARACHI: State Bank of Pakistan (SBP) injected Rs966.5 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah...

Pakistan eyes Turkish expertise to elevate aviation industry

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, while appreciating the success of Turkish aviation industry, said that...

FBR notifies income tax rates for foreign shipping operators

ISLAMABAD: The Federal Board of Revenue (FBR) has officially notified the income tax rates applicable to shipping and air transport...

SCCI delegation meets minister for industries

SIALKOT: A detailed meeting between a delegation of Sialkot Chamber of Commerce and Industries (SCCI) and Minister for Industries, Commerce,...

Pakistan pays $5.66b in interest on international bonds over 19 years

KARACHI: In the past 19 years, Pakistan has paid a substantial amount of $5.66 billion in interest on international Euro...

ADB Country Director calls on President Zardari

ISLAMABAD: Country Director of Asian Development Bank (ADB) Yong Ye called on President Asif Ali Zardari. In the meeting, the...

CCP issues show cause notices to GM Cables, Newage Cables

ISLAMABAD:The Competition Commission of Pakistan (CCP) has issued show cause notices to GM Cables & Pipes (Pvt) Ltd. and Newage...

Aurangzeb invites Dubai Islami Bank to enhance investments

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb has invited the Dubai Islamic Bank to enhance its investment...

ECC accords conditional approval to 0.1 million sugar exports