FPCCI, UBG to reduce construction sector’s taxes to 4pc

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said Pakistan currently had ample oil reserves and there...

SECP engagement leads to mandatory motor third-party insurance in Sindh

ISLAMABAD: The Government of Sindh has formally introduced amendments in the Motor Vehicles (Amendment) Act, 2026, making third-party liability insurance...

LNG shortage looms for Pakistan after Qatar halts deliveries

KARACHI: Pakistan has been informed by Qatar Gas that liquefied natural gas (LNG) shipments to the country will remain suspended...

Govt increases petrol & diesel prices by Rs55 per litre amid Middle East tensions

ISLAMABAD: The federal government has approved a significant increase in the prices of petroleum products, raising both petrol and high-speed...

Goods transporters announce 20pc fare hike after fuel price surge

LAHORE: President of the Pakistan Goods Transport Alliance Malik Shahzad Awan has strongly reacted to the recent increase in petroleum...

FBR unveils National Cargo Tracking System & e-Bilty for cargo monitoring

ISLAMABAD: Pakistan’s tax authority has taken a major step toward modernizing cargo monitoring with the launch of a new digital...

IMF urges Pakistan to increase petrol prices immediately

ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan to immediately increase petrol and diesel prices. According to sources, the...

Pakistan earns $600,000 per day from flights using its airspace

KARACHI: The situation in the Middle East has led to an increase in flights passing through Pakistan's airspace. The number...

Minister highlights shipping opportunities as global trade routes face challenges

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Thursday chaired a high-level meeting to assess emerging logistical...

ICCI President leads delegation in meeting with DG Tax

ISLAMABAD: A delegation of the Islamabad Chamber of Commerce and Industry (ICCI) led by its President Sardar Tahir Mehmood held...

Pakistan banking assets rise from Rs25 billion to Rs69 trillion since 1970s: report

KARACHI: Pakistan’s banking sector expanded sharply over the past five decades, with total monetary assets increasing from less than Rs25...

ECC approves Rs3b gas schemes, Rs3.63b disaster funding, power sector reforms

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved multiple technical supplementary grants (TSGs), funding for disaster...

Uninterrupted petroleum supply top priority: Finance Minister

ISLAMABAD: Finance Minister Muhammad Aurangzeb says ensuring uninterrupted availability of petroleum products remains the Government's foremost priority and will continue...

Pakistan’s total liquid foreign reserves increase to $ 21.43b

KARACHI: The total liquid foreign reserves of Pakistan rose to US$ 21,433.9 million as of February 27, 2026 while the...

Pakistan’s federal debt soars to Rs79,322b: SBP

KARACHI: The federal government’s debt burden has surged further, with total borrowings increasing by Rs7,000 billion on an annual basis....

Iran shuts borders with Pakistan, Afghanistan; trade and supplies halted

QUETTA: Iran has closed all its borders with neighbouring countries, including Pakistan and Afghanistan, suspending cross-border movement and trade activities,...

Punjab Revenue Authority collects Rs41b in February, up 75pc

LAHORE: The Punjab Revenue Authority (PRA) reported a record tax collection for February, registering a 75% increase compared with the...

Punjab opens registration for online auction of attractive vehicle numbers

LAHORE: The Punjab government has opened registration for the auction of attractive vehicle numbers for the month of March through...

SBP imposes Rs14m penalty on Standard Chartered Bank Pakistan for regulatory violations