PIA financial crisis: Progress made on another ‘bailout package’

ISLAMABAD: Caretaker Federal Minister for Finance, Revenue and Economic Affairs, Dr. Shamshad Akhtar in a meeting with the Governor of...

Licenses of three auto companies suspended in Pakistan

LAHORE: The manufacturing licences of three auto companies have been suspended in Pakistan over failure to achieve the export targets,...

15m individuals remain untaxed in Pakistan: Chairman FBR

ISLAMABAD: The Federal Board of Revenue (FBR) chairman, Zubair Tiwana, revealed a concerning tax deficit issue in Pakistan, with approximately...

Immediate steps being taken to facilitate business community: Chief Manager SBP

ISLAMABAD: Economy has been put on the revival track while State Bank of Pakistan (SBP) will take immediate practical and...

Students as ambassadors can make Rawalpindi clean and green: Saqib Rafiq

RAWALPINDI: “You have to be the ambassador of this campaign and this clean and green campaign can only be successful...

SBP imposes Rs83.16m fine on four commercial banks for regulatory violations

KARACHI: The State Bank of Pakistan (SBP) has taken strict measures against four commercial banks, imposing a total monetary penalty...

SBP unveils framework for freelancers’ digital accounts

KARACHI: In a significant move aimed at bolstering the burgeoning community of freelancers in Pakistan, the State Bank of Pakistan...

FTO directs FBR to remove anomalies in valuation tables immediately

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to immediately activate the Directorate General...

President endorses recommendations of FTO regarding underhand auction of vehicle

LAHORE: The President of Pakistan has endorsed the recommendations of the Federal Tax Ombudsman (FTO) for cancellation of underhand auction...

SIFC recommends policy measures to improve investment ecosystem

ISLAMABAD: The Executive Committee for Special Investment Facilitation Council (SIFC) recommended certain policy measures to further improve investment ecosystem in...

Mobilink Bank, BMA Capital Management enter into distribution agreement

ISLAMABAD: Mobilink Bank has signed a strategic partnership with BMA Capital Management Limited, one of the oldest and top financial...

IMF team to visit Pakistan on Nov 2 for first review of standby arrangement

ISLAMABAD: An International Monetary Fund (IMF) mission will visit Pakistan on Nov 2 to discuss the first review of the...

GCF approves $120m to support ADB’s Community Resilience Partnership Program in Asia & Pacific

ISLAMABAD: The Green Climate Fund (GCF) has approved $120 million in climate adaptation financing to support the Asian Development Bank’s...

Ministry of Commerce grants early kinnow export permission

ISLAMABAD: Breaking free from old traditions, the Ministry of Commerce has issued a notification stating that kinnow exports will commence...

Multan Customs thwarts attempt to smuggle foreign currency to Saudi Arabia