Pakistan secures petroleum reserves for June amid Middle East tensions

KARACHI: State Bank of Pakistan (SBP) reported on Monday that foreign direct investment (FDI) into Pakistan fell 31% during the...

Pakistan current account slips into $324m deficit

KARACHI: Pakistan’s current account moved into deficit in April, ending a three-month surplus streak, according to statistics released by the...

FBR makes POS integration mandatory in Islamabad

ISLAMABAD: The Federal Board of Revenue (FBR) has made Point of Sale (POS) integration with its computerized system mandatory for...

Govt aims to complete Provincial Consultations on NDMP before budget

ISLAMABAD: Federal Minister for Economic Affairs Ahad Cheema and Advisor to the Prime Minister’s Office Dr. Tauqeer Shah co-chaired a...

Taxpayers deserve dignity, lower rates, simpler taxation

ISLAMABAD: Minister of State for Finance and Revenue, Bilal Azhar Kayani acknowledged for broadening the tax net and said salaried...

KP petrol scheme pays Rs100 instead of Rs2,200

PESHAWAR: The Khyber Pakhtunkhwa (KP) government launched the Ehsaas Motorcycle Relief programme, allocating Rs3 billion to support an estimated 1.6...

Sindh joins Punjab in easing market closure timings ahead of Eidul Azha

KARACHI: The Sindh government on Saturday exempted shops, markets, shopping malls, hotels, restaurants, marriage halls and marquees from previously imposed...

LHC rules super tax cannot apply to zero-tax inherited property gains

LAHORE: The Lahore High Court’s two-member bench comprising Justice Jawad Hassan and Justice Sardar Akbar Ali has ruled that the...

ADB, AIIB support 1st Panda Bond issuance for green projects in Pakistan

ISLAMABAD: The Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) have collaborated to support Pakistan’s first issuance...

Pakistan’s entry into China’s capital market marks new era of financial Cooperation

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has said that Pakistan’s inaugural Panda Bond issuance marks a...

RCCI organizes leadership workshop to enhance Pakistan–Tanzania trade cooperation

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) in collaboration with the Institute of International Peace Leaders (IIPL) here...

Minister Junaid announces surge in seafood exports

KARACHI: Federal Minister for Maritime Affairs Junaid Anwar Chaudhry has announced a significant increase in Pakistan’s fisheries exports, saying overseas...

FBR authorizes vendors for production monitoring in beverage sub-sectors

ISLAMABAD: The Federal Board of Revenue has taken another step toward strengthening tax compliance and industrial transparency by finalizing the...

IMF sets 11 new benchmarks for Pakistan including SEZ tax incentive phase-out, tariff revisions & NAB reforms

ISLAMABAD: The International Monetary Fund (IMF) has imposed 11 new structural benchmarks on Pakistan under the latest review of its...

SBP launches ‘go cashless’ campaign for Eidul Azha 2026

ISLAMABAD: The State Bank of Pakistan has launched its nationwide “Go Cashless” campaign ahead of Eidul Azha 2026 to promote...

Cotton prices surge as Pakistan’s ginning season begins in second week of May for first time

ISLAMABAD: Cotton and lint prices surged as Pakistan’s ginning cycle began in the second week of May for the first...

RCCI urge govt to withdraw smart lockdown in view of Eid Alzuha

RAWALPINDI:The Rawalpindi Chamber of Commerce and Industry (RCCI) on Thursday urged the government to withdraw the ongoing smart lockdown restrictions...

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Pakistan assures IMF it will expand banks’ access to monitor suspicious financial activity

ISLAMABAD: The government has decided to make the assets of top government officials public by December 2026 as part of...

Rising investor interest drives sharp increase in registered prize bond holdings amid documentation push