First container vessel arrives at Karachi port after Hormuz disruptions

KARACHI: The Directorate General of Customs Valuation, Karachi, notified the changes through Valuation Ruling No. 2064/2026, replacing the earlier framework...

SMEDA opens new market pathways for women at ‘Made in Gujranwala’ Expo in Karachi

KARACHI: The Small and Medium Enterprises Development Authority (SMEDA) has strengthened its support for women entrepreneurs and microenterprises by facilitating...

Iran Central Bank Governor meets DPM Ishaq Dar

ISLAMABAD: Governor of the Central Bank of Iran Dr Abdolnasser Hemmati called on Deputy Prime Minister/ Foreign Minister, Senator Mohammad...

FBR posts 42pc drop in tax collection from developers, builders

ISLAMABAD: The Federal Board of Revenue (FBR) reported a 42 percent decline in income tax collection from builders and developers...

FBR moves against officers for failing to declare assets, sets April 24 deadline

ISLAMABAD: The Federal Board of Revenue (FBR) has taken strict notice after several of its officers were found to have...

Diesel price cut by Rs134.81, petrol down Rs11.83

ISLAMABAD: In a major relief for inflation-hit consumers, the government has reduced petroleum prices, slashing petrol by Rs11.83 per litre...

Punjab Food Authority steps up enforcement, inspects 1.36 million food units

LAHORE: The Punjab Food Authority (PFA) has carried out large-scale inspections across the province, checking 1,363,198 food units to date...

Pakistan RDA inflows rise 11pc to $261m in March 2026

KARACHI: Pakistan received $261 million through Roshan Digital Accounts (RDA) in the month of March 2026, marking an 11 percent...

Freight fares slashed by 40pc after cut in prices of petroleum products

KARACHI: The Pakistan Goods Transport Alliance (PGTA) has announced a 40% decrease in freight fares following cut in prices of...

Russia approves import of Pakistani potatoes

KARACHI: In a major boost to Pakistan’s agricultural exports, the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) has...

Aurangzeb, Saudi finance minister discuss ongoing economic cooperation

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, saw off the Saudi Arabia, Mohammed bin Abdullah Al-Jadaan, at...

Pakistan’s forex reserves rise by $105m in one week

KARACHI: Pakistan’s foreign exchange reserves recorded an increase of $105 million over the course of one week. According to the...

Aurangzeb departs for US to participate in IMF-WB meetings

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Saturday departed for the US to participate in the World Bank Group and International...

PIA Fleet to be expanded to 60 Aircraft, 18 currently operational: Arif Habib

KARACHI: Chairman of the Arif Habib Consortium, the entity owning Pakistan International Airlines (PIA), Arif Habib has said that the...

DG Valuation revises customs values for lithium ion batteries vide Valuation Ruling No.2062/2026

KARACHI: The Directorate General of Customs Valuation in Karachi has officially revised the customs values for lithium-ion batteries. Additionally, for...

Customs JIAP seizes gold, foreign currency worth Rs190m

KARACHI: Collectorate of Customs has seized gold jewellery, gold bars and foreign currency worth around Rs190 million at the arrivals...

Inflation in Pakistan continues to surge

ISLAMABAD: Inflation in Pakistan continues to surge amid rising tensions in the Middle East, with the weekly inflation rate increasing...

SRB awards 1300cc car in POS invoice prize draw to boost tax compliance in Sindh

KARACHI: The Sindh Revenue Board (SRB) has announced the winner of a 1300cc car in its third computerized prize ballot...

FBR raids major real estate developers in Lahore in surprise tax crackdown