Pakistan bulk terminal signs deal to ship copper-gold from Reko Diq mine

ISLAMABAD: The International Monetary Fund (IMF) has revised Pakistan’s key macroeconomic projections, estimating that the country’s Gross Domestic Product (GDP) will...

Bank deposits rise 13.6pc to Rs35.38tr in November as lending slows

KARACHI: Deposits held by commercial banks rose to Rs35.38 trillion in November, marking a year-on-year increase of 13.6%, according to...

Cargo transporters’ strike disrupts supply chains as Karachi industries face shutdown risk

KARACHI: Business groups and trade bodies have warned that economic activity in Karachi and across Sindh could come to a...

FBR suspends Islamabad property valuations as CDA reviews illegal colonies

ISLAMABAD: The Federal Board of Revenue has suspended the recently notified property valuation tables in Islamabad, a move seen as...

FBR imposes compulsory retirement on Customs inspector for false examination

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a major penalty on a customs official for professional negligence and...

Pakistan, Azerbaijan eye $2b investment, expand economic cooperation

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Tuesday said Pakistan and Azerbaijan were working to translate their...

Pakistan Customs, Falcon-i roll out advanced cargo tracking system for transit trade

KARACHI: Falcon-i has announced the rollout of a technology-driven tracking and security system aimed at monitoring transit trade operations across...

AJK & Gilgit-Baltistan residents now eligible for tax filer benefits

ISLAMABAD: The Federal Board of Revenue (FBR) has extended significant tax relief to residents of Azad Jammu and Kashmir (AJK)...

ICCI hosts Google Cloud DevFest 2025

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) on Saturday organized Google Cloud DevFest 2025, aimed at to IT development and...

Export-led growth ensures speedy economic development: Saif

LAHORE: Federal Tax Ombudsman (FTO) Coordinator Saif Ur Rehman has said that Pakistan’s economic development can be paced up by...

PM directs to expedite privatization process of Discos, Gencos

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday directed the relevant authorities to expedite the privatization process of power distribution...

Pakistan emerges as global crypto pioneer with NOCs issued to Binance, HTX: Bilal bin Saqib

ISLAMABAD: Pakistan has immense potential to develop digital assets, with 30 to 40 million Pakistanis already using such assets, said Bilal...

Customs seizes over $135m goods, narcotics in anti-smuggling operations

KARACHI: Pakistan Customs, in coordination with national security and maritime agencies, has seized smuggled goods and narcotics worth more than Rs37.9...

SBP slashes policy rate by 50 bps to 10.5pc

KARACHI: The State Bank of Pakistan (SBP) on Monday announced a cut of 50 basis points in the policy interest rate...

Large Taxpayer Unit to become operational in Lahore within two months

LAHORE: Chairman of the Punjab Revenue Authority (PRA), Moazzam Iqbal Sipra, announced that the Large Taxpayer Unit (LTU) will be...

FBR invites customs-related proposals for Budget 2026-27

ISLAMABAD: The Federal Board of Revenue (FBR) has officially invited customs-related proposals from stakeholders for the upcoming federal budget 2026-27. The...

FBR seals godowns in Mardan, seizes non-duty-paid tobacco, Rs19b revenue loss averted

ISLAMABAD: In a landmark and unprecedented enforcement action against illicit tobacco trade, the Federal Board of Revenue (FBR), through the Regional...

Pakistan shifting away from aid to trade with GCC countries: FinMin

ISLAMABAD: Finance Minister Muhammad Aurangzeb has that said Pakistan is shifting away from aid-based support towards trade and investment-led engagement,...

IMF conditions are part of pre-agreed agenda: finance ministry