FBR to block SIM cards of tax defaulters after Eid
LAHORE: The Federal Board of Revenue (FBR) is set to block approximately 500,000 SIM cards of individuals failing to file...
Pakistan, Saudi Arabia reaffirm commitment to expedite $5b investment package
ISLAMABAD: Pakistan and Saudi Arabia have reaffirmed their commitment to expedite an investment package worth $5 billion discussed previously, the...
Remittances surge 31.27pc to $2.95b in March on Ramadan inflows
KARACHI: Remittances sent home by overseas workers have surged 31.27% month-on-month (MoM) to $2.95 billion in March, compared to $2.25...
Customs classification committee imposes 20pc duty on chocolate crumbs
ISLAMABAD: The classification committee of Pakistan Customs has announced the imposition of a 20 percent customs duty on the import...
Finance Minister to meet IMF, World Bank officials next week
ISLAMABAD: Finance Minister Muhammad Aurangzeb is set to meet with IMF Managing Director Kristalina Georgieva, the US Assistant Secretary of...
Multan I&I foils bid to smuggle pomegranate seeds under the grab of ATT
MULTAN: Directorate of Customs Intelligence and Investigation (I&I) has effectively thwarted a smuggling endeavor camouflaged under the guise of Afghan...
ICCI, IBECHS agree to build Expo Centre in Gulberg Greens
ISLAMABAD: The Islamabad Chamber of Commerce and industry (ICCI) and Intelligence Bureau Employees Cooperative Housing Society (IBECHS) have agreed to...
Pakistan to repay $1b Eurobond, aiming to strengthen financial stability
KARACHI: In a significant move towards fulfilling its international financial commitments, Pakistan is set to repay a $1 billion Eurobond...
Branchless banking transactions cross 1-billion mark: SBP
KARACHI: Branchless banking (BB) transactions have crossed the 1 billion mark in a single quarter for the first time ever,...
Easypaisa launches QR SoundBox to revolutionize Digital Payments landscape
LAHORE: Easypaisa, Pakistan’s leading digital financial services platform, has launched the QR SoundBox, a portable device for payment alerts and...
Govt announces to revalidate survey for Pak-Iran gas pipeline project
LAHORE: In a significant development, Pakistan’s Petroleum Division has announced plans to revalidate the survey for the Iran-Pakistan gas pipeline...
Pakistan, Iran agree to boost industrial, agricultural cooperation
ISLAMABAD: Iran has expressed interest in further importing meat, rice and other agricultural products from Pakistan. The development came after...
FBR achieves tax targets with SIFC’s help
ISLAMABAD: Federal Board of Revenue (FBR) has achieved tax targets of the third quarter of the current fiscal year with...
MTBA seeks extension in date for submission of balance sheets
MULTAN: Multan Tax Bar Association (MTBA) Requests Extension for Submission of Balance Sheets. The Multan Tax Bar Association has formally...
IFC approves $400m debt financing to PTCL for Telenor acquisition
ISLAMABAD: The International Finance Corporation (IFC) has approved the debt financing of up to $400 million to Pakistan Telecommunication Limited...
American Business Council proposes steps for documenting economy
ISLAMABAD: The American Business Council (ABC) of Pakistan has proposed documenting the country’s economy by emphasizing tax reforms and ease...
WB approves $149.7m for two projects in Pakistan
ISLAMABAD: The World Bank has approved 149.7 million dollars in financing for two projected in Pakistan. As per details, the...
Eid shopping festival commences
ISLAMABAD: ICCI Eid shopping festival kicked off in Sector I-8 to provide an affordable shopping experience to the residents of...
PRA collected record Rs19.1b revenue in March
LAHORE: Punjab Revenue Authority (PRA) has achieved a significant milestone in revenue collection during the month of March, 2024 by...
SBP injects Rs1.58 trillion into market through Open Market Operations
KARACHI: The State Bank of Pakistan (SBP) injected a total of Rs1.58 trillion into the market through a reverse repo...
