PM announces Rs4.04 per unit power tariff cut for industry, incentives for exporters

ISLAMABAD: The Federal Tax Ombudsman (FTO) on Friday upheld the legality of customs proceedings in a case involving exports under...

PIBT to handle export of Reko Diq’s copper-gold concentrates

KARACHI: Reko Diq Mining Company (RDMC) has signed an agreement with Pakistan International Bulk Terminal Limited (PIBT) for the handling...

SBP’s foreign reserves increase by $13m to 16.1b

KARACHI: Pakistan’s liquid foreign reserves stood at $ 21,293.3 million as of January 23, 2026. According to data shared by...

FBR seizes Bahria Town Tower Karachi in Rs26b tax recovery case

KARACHI: The Federal Board of Revenue (FBR) has stepped up efforts to recover Rs26 billion in outstanding taxes from Bahria...

Pakistan, Saudi Arabia agree to strengthen cooperation in energy, mineral sectors

ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik met with Saudi Arabia Ambassador to Pakistan Nawaf bin Saeed Ahmad Al-Malkiy...

Pakistan repays over Rs3.6 trillion debt before time: Khurram

ISLAMABAD: Adviser to the Finance Minister, Khurram Schehzad has said that Pakistan, for the first time in its history, has...

Aurangzeb reiterates commitment to work closely with SECP

ISLAMABAD: Finance Minister Muhammad Aurangzeb has reiterated the government's commitment to working closely with Securities and Exchange Commission of Pakistan...

FBR deducts Rs2b in taxes from Evacuee Property Board’s account by treating it as business entity

ISLAMABAD: The National Assembly Standing Committee on National Heritage and Culture Division, chaired by Syeda Nosheen Iftikhar raised concerns after...

Customs reforms designed to facilitate trade, ensure transparency: Collector Umar Shafiq

LAHORE: Collector Customs Appraisement Umar Shafiq has said that the department’s main objective is to facilitate the business community and...

KCCI seeks ease in payment of Super Tax to save economy from financial shock

KARACH: The Karachi Chamber of Commerce and Industry (KCCI), highlighting impacts of instant massive Super Tax payments on the economy,...

Pakistan’s bank deposits surge to record Rs37.4 trillion in Dec 2025

KARACHI: Pakistan’s banking sector ended 2025 on a high note. Recent data from the State Bank of Pakistan (SBP) reveals...

FBR’s Digital Unit monitors luxury vehicles, weddings, foreign travel

ISLAMABAD: Pakistan’s growing wealth gap is on full display, from Lamborghinis and Ferraris cruising city streets to high-profile social media...

Petrol likely to get cheaper, diesel prices expected to increase from Feb 1

ISLAMABAD: Petroleum products prices in Pakistan are expected to rise starting February 1 with petrol prices likely to drop. Preliminary...

FBR to keep tax offices open on January 31 to facilitate revenue collection

ISLAMABAD: The Federal Board of Revenue (FBR) has announced that all of its field formations will remain open on Saturday,...

Govt assures textile industry of govt’s continued engagement to address key issues

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) drew attention of the federal government on the issues related to energy costs,...

Pakistan, Australia eye deeper mining cooperation

ISLAMABAD: Pakistan and Australia have discussed expanding bilateral cooperation in the mining and gemstones sectors, amid growing international interest in...

Imports of agricultural chemicals grew by 9.04pc in six months

KARACHI: The imports of agriculture and other chemicals group into the country during first half of the current financial year...

Pakistan’s exports to US increase by 5.26pc in 1HFY2026

KARACHI: Pakistan’s export of goods and services to the United States (US) witnessed an increase of 5.26 percent during the...

Gwadar being developed as key export hub for Africa: Junaid