Pakistan seeks $200m ADB loan to digitise tax and customs system

31/03/2026

KARACHI: The Federal Board of Revenue has issued a new valuation ruling to determine customs values for imported beverages of...

POL import bill declines by 6.35pc to $10.029b in 8 months

31/03/2026

ISLAMABAD: The imports of the overall petroleum group decreased by 6.35 percent during the first eight months of the current...

FinMin says spectrum auction conducted thru transparent, consultative process

31/03/2026

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with a high-level delegation from VEON Group, led by...

Atif Ikram hails IMF deal as vital step for Pakistan economy

KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has welcomed the newly...

Export of footwear rise 4.23pc to $131.753m

ISLAMABAD: The export of footwear from the country witnessed an increase of 4.23 percent during the first eight months of...

FBR opens new Jeerak Customs Station at Pak-Iran border

ISLAMABAD: The Federal Board of Revenue (FBR) has established a new customs station at the Pak-Iran border to streamline passenger...

FBR probes Rs48.4 crore reward payments after AGP audit

ISLAMABAD: The Federal Board of Revenue (FBR) has initiated a special audit into cash rewards worth Rs484.44 million (Rs48.4 crore)...

Gadani Customs to auction passenger buses, goods vehicles on April 6

GADANI: Collectorate of Customs has announced a major public auction of seized passenger buses, trucks, trailers, and commercial transport vehicles...

Fuel shipment arrives in Karachi to boost supply

KARACHI: A vessel carrying a major fuel consignment for Pakistan State Oil (PSO) has arrived in Karachi, bringing relief amid...

Business leaders question fuel price hike despite steady oil supply in Pakistan

LAHORE: Chairman of the United Business Group, SM Tanveer, has raised concerns over the recent increase in fuel prices, stating...

Pakistan’s petroleum stocks adequate for next two months: Khurram Schehzad

ISLAMABAD: Advisor to the Finance Minister Khurram Schehzad stated that Pakistan previously had a 24-day stock of petroleum products, which...

Pakistan, Kuwait discuss bilateral relations, energy cooperation, regional developments

ISLAMABAD: Federal Minister for Petroleum, Ali Pervaiz Malik, held a meeting on Monday with Nassar Abdulrahman Jasser Almutairi, Ambassador of...

FBR flags ‘negligent’ handling of foreign petroleum firm case by CTO Islamabad

ISLAMABAD: The Federal Board of Revenue has raised concerns over the handling of a complaint involving a foreign petroleum company...

Punjab vehicle re-registration scheme fails to gain traction

LAHORE: A revenue-focused initiative by the Punjab government to re-register vehicles from other provinces has failed to generate any response...

Pakistan seeks repatriation of $20b held in offshore assets amid global tensions

ISLAMABAD: Pakistan is weighing possible avenues to repatriate around $20 billion held overseas by its expatriate citizens, as escalating geopolitical...

SMEDA pledges stronger partnerships to boost SME credit access nationwide

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has committed to enhancing collaboration with provincial governments, the Pakistan Banks...

Weekly inflation jumps 0.97pc as vegetable and LPG prices drive cost surge

ISLAMABAD: Short-term inflation measured by the Sensitive Price Index (SPI) accelerated by 0.97 percent for the week ending March 26,...

SECP licenses Pakistan’s first govt owned Provincial Life Insurance Company

LAHORE: The Securities and Exchange Commission of Pakistan (SECP) has granted a license to M/s Punjab Life Insurance Company Limited...

Iran clears two Pakistan-bound oil vessels through Strait of Hormuz amid tensions