FBR uncovers Rs30b annual tax evasion in tile sector, moves to install monitoring cameras

ISLAMABAD: The International Monetary Fund (IMF), as part of conditions under its loan program, has released the Governance and Corruption...

SHC defers K-Electric’s tariff hearing as industries protest Rs28b cost burden

KARACHI: The Sindh High Court on Wednesday adjourned the hearing of K-Electric’s Multi-Year Tariff (MYT) petitions to December 10, as...

ADB approves $330m to expand clean energy transmission in Pakistan

ISLAMABAD: The Asian Development Bank (ADB) has approved loans totaling $330 million to Pakistan for the Second Power Transmission Strengthening...

FinMin says Saudi Arabia’s interest in $10billion investment is intact

ISLAMABAD: Finance Minister Muhammad Aurangzeb has said that Saudi Arabia’s previously signaled $10 billion investment appetite for the country remained unchanged, with...

PRA detects 50 untaxed aesthetic clinics in Lahore

LAHORE: The Punjab Revenue Authority (PRA) has uncovered around 50 aesthetic clinics in Lahore that are reportedly generating billions of...

Heavy tax on large-scale manufacturing sector affects exports: Pasha

LAHORE: Former federal finance minister Dr. Hafiz A. Pasha has said that huge taxes, around 60 percent of the total...

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ICCI to host traders convention for swift resolution problems

ISLAMABAD: Islamabad Chamber of Commerce & Industry (ICCI) announced that the chamber will soon convene a traders convention aimed at...

FPCCI applauds FBR’s measures to streamline Karachi port cargo operations

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday lauded the Federal Board of Revenue’s (FBR)...

Pakistan, Denmark reaffirm commitment to deepening economic & development

ISLAMABAD: The newly appointed Ambassador of Denmark to Pakistan Maja Mortensen paid a courtesy call on Federal Minister for Finance...

IHC dismisses Kingdom Valley’s petition in favor of CCP

ISLAMABAD: The Islamabad High Court has dismissed the writ petition filed by Kingdom Valley (Pvt) Limited against the Rs150 million...

Pakistan invites China to mineral investment forum

ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik and Chinese Ambassador Jiang Zaidong on Wednesday reaffirmed the enduring strength of...

Electricity prices likely to drop in Pakistan

ISLAMABAD: Electricity prices are likely to drop on account of monthly fuel cost adjustment in a relief to consumers in Pakistan....

‘Traders cost $200 daily as Afghan-bound goods stranded at Pakistani ports’

KARACHI: Thousands of import shipments bound for landlocked Afghanistan are stranded at Pakistani seaports or border crossings, a business association in...

Pakistan launches first bunkering operations at Karachi Port

KARACHI: Pakistan has launched its first-ever standardised bunkering operations at the Karachi Port, aligning the country’s largest harbor with global maritime...

FTO orders probe into FBR over failure to grant tax return filing extensions

LAHORE: The Federal Tax Ombudsman (FTO) has ordered an inquiry into the Federal Board of Revenue (FBR) for allegedly failing...

FBR issues draft insurance guarantee format for export facilitation scheme

ISLAMABAD: The Federal Board of Revenue (FBR) has released a detailed draft of the insurance guarantee format required under Pakistan’s...

Auto financing surges in Pakistan as SBP releases latest data

KARACHI: The State Bank of Pakistan (SBP) has released fresh figures showing a sharp rise in auto financing across the country,...

Customs foils bid to smuggle 30 kg ICE worth Rs450m from Panjgur

18/11/2025

PANJGUR: Customs Enforcement Panjgur has seized 30 kilograms of Ice (crystal methamphetamine) valued at Rs 450 million during an intelligence-based operation...

Peshawar Enforcement seizes smuggled goods worth Rs 27.4m