Finance minister for enhancing Pak-Germany bilateral trade

ISLAMABAD: Chief Executive Officer of Jazz and Chairman of the Telecom Operators Association of Pakistan Aamir Ibrahim held a significant...

Pakistan, SFD sign $107m hydropower agreements

ISLAMABAD: Secretary, Economic Affairs Division, Dr. Kazim Niaz and Chief Executive Officer (CEO), Saudi Fund for Development (SFD) signed loan...

Qatar Fund keen to increase footprint in Pakistan’s power, housing sectors

ISLAMABAD: Chief Executive Officer, Qatar Fund for Development (QFFD), Khalifa bin Jassem Al-Kuwari showed his interest in increasing the footprint...

ECC reconstituted with Aurangzeb as its chairman

ISLAMABAD: Prime Minister Shehbaz Sharif reconstituted the federal cabinet’s Economic Coordination Committee (ECC) and installed Finance Minister Muhammad Aurangzeb as...

Multan Customs impounds 87 bags of smuggled skimmed milk from Rahim Yar Khan

MULTAN: Collectorate of Customs Enforcement seizes skimmed milk powder from Rahim Yar Khan Multan Customs Enforcement, in a recent operation...

SIFC, Saudi firm sign agreement to ‘cultivate 5,000 acres of cattle

ISLAMABAD: Enhancing bilateral cooperation in the livestock sector, Special Investment Facilitation Council (SIFC) and Saudi Arabia’s Najd Gateway Holding Company...

FBR devises plan to bring 3.5m traders within tax net through electricity bills

LAHORE: In line with the demands put forward by the International Monetary Fund (IMF), the Federal Board of Revenue (FBR)...

Pakistan Navy hands over seized liquor worth Rs145.6m to Customs I&I

KARACHI: Pakistan Navy has handed over the liquor it seized during a joint sea operation to the customs authorities worth...

PTBA appeals FBR chairman to amend sales tax related SRO

ISLAMABAD: Pakistan Tax Bar Association (PTBA) has requested the Chairman Federal Board of Revenue (FBR) to amend SRO No.350(I)/2024 for...

FBR notifies SWAPS rules for digital invoicing enforcement

ISLAMABAD: The Federal Board of Revenue (FBR) has taken a significant step towards enhancing tax transparency and combating evasion with...

Pakistan, ADB discuss collaboration to foster economic growth

ISLAMABAD: The Country Director of the Asian Development Bank (ADB), Young Ye called on Minister for Finance & Revenue, Muhammad...

Pakistan’s foreign exchange reserves stand at $13,390.7m: SBP

KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $ US$ 105 million to...

World Bank to approve $150m financing for two projects

ISLAMABAD: The World Bank’s Board of Executive Directors is likely to approve $150 million in financing for “Pakistan: Digital Economy...

Pakistan, Turkiye aim for $5b bilateral trade

ISLAMABAD: Pakistan and Turkiye have reaffirmed their commitment to maximising the potential of their bilateral trade, aiming to increase it...

Taxpayer wins legal battle against tax authorities over coercive recovery tactics

MULTAN: In a recent legal victory, a corporate taxpayer successfully challenged the coercive measures employed by tax authorities for the...

PM Shehbaz forms steering committee for FBR reforms

ISLAMABAD: Prime Minister (PM) Shehbaz Sharif formed a steering committee for reforms and automation in Federal Bureau of Revenue (FBR)....

FBR to fix minimum values of steel products for ST assessment on quarterly basis

LAHORE: The Federal Board of Revenue (FBR) has decided to fix minimum values of steel products on a quarterly basis,...

PM Shehbaz plans to boost export industries & increase tax net

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif decided to include global experts and all stakeholders in the consultation process aimed at...

SC upholds decision for NBP to pay Rs60b pensions to workers