FBR introduces Buyer Verification Status in monthly sales tax return

KARACHI: Pakistan received $3.5 billion in remittances in January 2026, marking a 15.4 per cent increase compared to January 2025,...

IHC suspends orders on disclosure of taxpayers’ data

ISLAMABAD: The Islamabad High Court (IHC) Tuesday suspended the Pakistan Information Commission’s orders relating to the disclosure of taxpayers’ data....

PM Shehbaz lauds launch of Raqami Islamic Digital Bank as milestone for Pak–Kuwait economic ties

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Tuesday termed the granting of a commercial licence to Raqami Islamic Digital Bank...

Sindh Microfinance Bank granted nationwide microfinance banking license

KARACHI: The State Bank of Pakistan (SBP) has issued a nationwide microfinance banking license to Sindh Microfinance Bank Limited, enabling...

Recent trade diplomacy moves by India no threat to Pakistani exports: Dr Suleri

ISLAMABAD: Recent trade diplomacy moves involving India, the European Union and the United States do not pose an immediate or...

No ministry willing to own Crypto Regulation Bill as dispute emerges in Senate Committee

ISLAMABAD: A major controversy has surfaced over the proposed legislation aimed at bringing cryptocurrency and virtual assets into Pakistan’s legal...

Bangladesh, Pakistan explore avenues for cooperation in railways sector

KARACHI: Pakistani and Bangladeshi officials have discussed ways to strengthen cooperation in the railways sector, including technical collaboration and capacity-building...

Nepra issues new rules for solar net metering consumers

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has issued new regulations for solar net metering consumers, officially replacing the...

State Bank releases biannual Monetary Policy Report

KARACHI: As part of efforts to improve communications with external stakeholders, the State Bank of Pakistan (SBP) has released its...

LCCI urges energy, taxation reforms, ease of doing business

LAHORE: President of the Lahore Chamber of Commerce and Industry, Faheem ur Rehman Saigol, stressed the need for urgent measures...

Karachi Port officials seize large quantity of drugs

KARACHI: The Anti-Narcotics Force has seized a large quantity of narcotics from cargo containers that arrived at Karachi Port from...

Pakistan, Iran reaffirm commitment to economic cooperation

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with the Minister of Economic Affairs and...

FBR fails to submit reply in LHC case challenging reward scheme

LAHORE: The Federal Board of Revenue (FBR) has failed to submit its written response before the Lahore High Court (LHC)...

FBR introduces “Buyer Verification Status” in monthly sales tax return

ISLAMABAD: The Federal Board of Revenue (FBR) has rolled out a new compliance measure by adding “Buyer Verification Status” to...

Moody’s revises Pakistani banking sector outlook from positive to stable

KARACHI: International credit rating agency Moody’s has revised the outlook for Pakistan’s banking sector from positive to stable. The agency...

CDNS achieve Rs750b savings inflows by February, 6 in FY 2025-26

KARACHI: The Central Directorate of National Savings (CDNS) has attained Rs750 billion in savings inflows from July 1st to February...

Pakistan, KSA discuss investment , tech talent collaboration at “AlUla Conference”

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb and Faisal bin Fadhil Alibrahim, Kingdom of Saudi Arabia Economy...

Finance Minister, World Bank MD discuss Country Partnership framework, development priorities

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb and Ms. Anna Bjerde, Managing Director of the World Bank...

FBR reports drop in tax-to-GDP ratio despite revenue growth