FBR notifies overstayed cargo management rules from August 31
ISLAMABAD: The Federal Board of Revenue (FBR) has notified the Overstayed Cargo Management Rules, 2026, introducing a fully automated mechanism...
FBR likely to collect Rs410b customs duty from petroleum products in FY2026-27
ISLAMABAD: The Federal Board of Revenue (FBR) has projected customs duty collection of more than Rs410 billion from petroleum product...
World Bank approves $375.9m for Pakistan’s power grid modernisation
WASHINGTON: The World Bank's Board of Executive Directors has approved $375.9 million in financing for Pakistan's Grid Stability Enhancement Project,...
Pakistan resumes potato exports to Russia after import restrictions eased
ISLAMABAD: Russia has lifted restrictions on potato imports from Punjab, allowing 101 Pakistani exporters to resume shipments from July 7...
ICCI leadership appreciates PM’s initiative to build a robust SME ecosystem
ISLAMABAD: Acting President of the Islamabad Chamber of Commerce and Industry (ICCI), Tahir Ayub, has warmly welcomed Prime Minister Muhammad...
Govt issues emergency LNG tender after ‘Qatari shipment aborted’
ISLAMABAD: The federal government has issued an emergency tender to procure a liquefied natural gas (LNG) cargo for delivery on...
World Bank delegation briefed on PRA reform agenda
LAHORE: A World Bank (WB) delegation led by Clelia Rontoyanni called on Punjab Revenue Authority (PRA) Chairman Moazzam Iqbal Sipra...
Nepra raises electricity tariff by Rs0.34 per unit for consumers across Pakistan, including Karachi
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved a Rs0.34 per unit increase in electricity tariffs for consumers...
Pakistan receives $41.6b in remittances during FY2025-26: SBP
KARACHI: Remittances from overseas Pakistanis increased by 8.6 per cent during the fiscal year 2025-26, according to the State Bank...
Maritime Task Force reforms boost customs efficiency, trade facilitation
ISLAMABAD: The Federal board of Revenue (FBR) on Thursday said sweeping reforms initiated under the Prime Minister's Maritime Task Force...
Pakistan eyes increasing SME financing to $5.4b by June 2028
KARACHI: Pakistan aims to increase financing for Small and Medium Enterprises (SMEs) to Rs1.5 trillion ($5.4 billion) and expand the...
IMF sees Pakistan’s growth at 3.5%, below government’s target
ISLAMABAD: The International Monetary Fund has projected Pakistan’s economy to grow at 3.5 per cent for the current fiscal year,...
HBL, UBL, Meezan Bank Among biggest winners from SBP’s new deposit rule
KARACHI: Several leading Pakistani banks are expected to benefit from the State Bank of Pakistan’s (SBP) latest revision to deposit...
ADB cuts Pakistan’s FY2027 growth forecast to 3.7pc amid ME crisis
ISLAMABAD: The Asian Development Bank (ADB) on Thursday revised down Pakistan’s economic growth forecast for fiscal year 2026-27 to 3.7%...
PIAF for continuation of remittance incentives for sustained forex inflows
LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) Chairman Faheemur Rehman Saigol, who is also President of the Lahore Chamber...
FTO praises FBR official for resolving taxpayer’s pending case
ISLAMABAD: The Federal Tax Ombudsman (FTO) has commended a senior Federal Board of Revenue (FBR) official for his swift intervention...
Aurangzeb reviews corporate, capital market reforms at SECP
ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb visited the headquarters of the Securities and Exchange Commission of Pakistan (SECP), where he...
Pakistan Customs registers 201 IPR forfeiture cases in FY2025-26
KARACHI: Pakistan Customs' Directorate General of Intellectual Property Rights Enforcement (IPRE) registered 201 Intellectual Property Rights (IPR) forfeiture and seizure...
Cargo plane travelling from Sharjah to Karachi crashes into sea with five on board
KARACHI: A cargo plane that took off from Sharjah crashed into the sea after disappearing from radar off the coast...
SRB achieves record Rs370.06b revenue in FY2025-26 with 20.17pc growth
KARACHI: The Sindh Revenue Board (SRB) achieved its highest-ever annual revenue collection in fiscal year 2025-26, collecting Rs370.064 billion, reflecting...
