Electricity price may rise as Discos seek extra fuel cost charge

ISLAMABAD: Pakistan has re-entered the international financial market after a gap of four years by successfully issuing a $500 million...

Faisalabad Customs promotes EFS to boost efficiency: Collector Dr. Rizwan Basharat

FAISALABAD: Officials from Pakistan Customs have urged exporters to fully utilise the Export Facilitation Scheme (EFS), highlighting that businesses at...

Aurangzeb advance economic diplomacy, engages global partners in Washington

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, concluded final day of IMF-WB Spring Meetings in Washington. He...

FinMin meets AIIB president, discusses infrastructure financing, strategic engagement

WASHINGTON: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a productive meeting with Ms. Zou Jiayi, President of...

Light diesel, jet fuel prices drop in Pakistan

ISLAMABAD: The impact of declining global petroleum prices has begun to reflect in Pakistan, as the government has reduced the...

Aurangzeb meets Baroness Jenny Chapman

WASHINGTON: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held an important meeting with Jenny Chapman, Baroness Chapman of...

Visa, Mastercard face scrutiny over $250m outflows as Pakistan seeks cheaper payments

ISLAMABAD: Pakistan is facing renewed scrutiny over its reliance on global payment networks, with policymakers highlighting that Visa and Mastercard...

FBR posts 163pc surge in tax collection from petroleum products

ISLAMABAD: Federal Board of Revenue (FBR) said on Saturday that withholding income tax collection from petroleum products rose by 163%...

Imported phones taxed at 54%, locally assembled devices at 25%, NA committee told

ISLAMABAD: The National Assembly Standing Committee on Finance has raised concerns over the high tax burden on mobile phones and...

FBR unearths large-scale corruption in Pakistan Customs

LAHORE: A sweeping investigation by the Federal Board of Revenue (FBR) has uncovered large-scale corruption within Pakistan Customs, resulting in...

ZLK Islamic Financial Services Engages with Turkish Ambassador

ISLAMABAD: Zahid Latif Khan, Chairman of ZLK Islamic Financial Services (Pvt.) Limited, along with Mr. Muhammad Abdullah Khan, Business Executive...

ICCI-CDA join hands to uplift the city

ISLAMABAD: The newly appointed Chief Commissioner Islamabad and Chairman of the Capital Development Authority (CDA), Lt. (R) Sohail Ashraf, has...

FCC hears challenge to Section 7E of Income Tax Ordinance over “Deemed Income” tax

ISLAMABAD: The Federal Constitutional Court (FCC) was informed on Wednesday that the levy of tax on deemed income under Section...

Pakistan gets approval to export fish to Russia

KARACHI: Federal Minister for Maritime Affairs Junaid Anwar Chaudhry has announced a major breakthrough in Pakistan’s fisheries sector, stating that...

FBR slashes Islamabad property valuation rates by up to 35pc

ISLAMABAD: The Federal Board of Revenue (FBR) has announced a significant reduction in the valuation of immovable properties in Islamabad,...

Pakistan’s total liquid foreign reserves dip to $ 20.52b

KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 20,524.5 million as of April 10, 2026 while the...

Finance Minister confirms launch of Pakistan’s Global Medium-Term Note program

WASHINGTON: The Finance Minister of Pakistan, Senator Muhammad Aurangzeb, has confirmed the launch of the country’s Global Medium-Term Note (GMTN)...

Pakistan appreciates China’s continued support at IMF

WASHINGTON: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, during the fourth day of the IMF–World Bank Spring Meetings...

Saudi financial support to strengthen Pakistan’s external position: Finance Minister