Dar felicitates Malik Amjad Zubair Tiwana on assuming charge of Chairman FBR

ISLAMABAD: Finance Minister Muhammad Ishaq Dar has commended Federal Board of Revenue for collecting 7,169 billion rupees in lieu of...

Banks to face 10pc Super Tax on incomes over Rs300mn

KARACHI: Banks will now have to pay a 10 percent Super Tax if their earnings go beyond Rs. 300 million....

Govt extends 35pc increase in salary to corporation employees

ISLAMABAD: In a significant move, the federal government has extended the 35 percent increase in salary, previously announced for all...

FBR posts 30pc growth in revenue collection during July

ISLAMABAD: The Federal Board of Revenue (FBR) has collected net revenue of Rs 538 billion against the target of Rs534...

Bank of China new branch to further strengthen Pak-China financial ties

ISLAMABAD: Finance Minister Ishaq Dar has stated that Pakistan was provided support by the Bank of China, ICBC, and Chinese...

ICCI terms massive hike in petroleum prices as a blow to the economy

ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce & Industry (ICCI) said that the government has made a massive...

SBP changes deadline for reporting monthly statistics on foreign currency deposits

KARACHI: The State Bank of Pakistan (SBP) has extended the deadline for reporting monthly statistics on foreign currency deposits and...

Pakistan & Barrick Gold ink accord for Reko Diq project earnings in PKR

ISLAMABAD: In a significant development for the Reko Diq project, Pakistan and the Barrick Gold Corporation have reached an agreement...

New FBR Active Taxpayers List showing 4.2 million filers

ISLAMABAD: The Active Taxpayers List (ATL) of the Federal Board of Revenue (FBR) is showing 4.2 million income tax return...

LHC moved against recent hike in fuel prices

LAHORE: A petition has been filed in the Lahore High Court (LHC), challenging the recent hike in fuel prices by...

Trade deficit narrows by 41pc in July

KARACHI: The trade deficit witnessed a decline of 41.16 percent during the first month of the current fiscal year (2023-24)...

Projects announced under SIFC will attract FDIs: RCCI

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has said that the projects announced under the Special Investment Facilitation...

Speed money scam: FIA files interim challan against PCS officials Saquif Saeed, Usman Bajwa & Tayyab

KARACHI: The Federal Investigation Agency (FIA) has submitted the interim challan in the court against the customs officials who are...

Punjab likely to hike property tax rate up to 400pc in posh areas

LAHORE: Punjab's interim government has approved the property tax assessment across the province after a hiatus of nine years. As...

Govt jacks up petrol prices by whopping Rs19.95

ISLAMABAD: Finance Minister Ishaq Dar on Tuesday said that petroleum prices were being jacked up by a staggering Rs19.95 per...

Pakistan’s imports of Russian oil face port, refinery, currency constraints

KARACHI: Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite...

Govt appoints Amjad Zubair Tiwana as new Chairman FBR

ISLAMABAD: The federal government has appointed Member Inland Revenue Operations Malik Amjad Zubair Tiwana as new Chairman Federal Board of...

Dar chairs Board-in-Council meeting to bid farewell to outgoing Chairman FBR

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired the Board-in-Council Special Meeting at FBR Headquarters on...

Tax evasion: FBR files FIR against eight directors of fake companies in Tamna case