Shehbaz Sharif meets Chinese delegation to boost trade
ISLAMABAD: Prime Minister Mohammad Shehbaz Sharif met with a delegation from a Chinese company to discuss enhancing business ties between...
Pakistan reports 17pc surge in foreign remittances in March: Khurram Schehzad
ISLAMABAD: Pakistan recorded a 17 percent surge in foreign remittances received during the month of March with Saudi Arabia once...
Punjab signs MoU to boost AI and digital growth
LAHORE: The Punjab government has taken a major step to advance its digital vision by signing a Memorandum of Understanding...
Pakistan to secure $1b ADB loan for climate resilience
ISLAMABAD: Pakistan is to obtain a loan of one billion dollars from the Asian Development Bank (ADB) to improve its...
RTO-II Karachi collects record Rs154b in salary tax in FY25
KARACHI: The Regional Tax Office (RTO) II Karachi of the Federal Board of Revenue (FBR) has posted a record Rs154...
FTO directs FBR to clear refunds before starting income tax recovery
ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered the Federal Board of Revenue (FBR) to ensure that income tax recovery...
IMF to send mission to Pakistan next month for FY27 budget talks
ISLAMABAD: The International Monetary Fund (IMF) plans to dispatch its mission to Pakistan next month to finalise the upcoming budget...
Fuel dealers threaten nation-wide strike over commissions
ISLAMABAD: Nationwide fuel supplies could soon be disrupted as filling station operators threaten a collective strike over stagnant profit margins....
Punjab launches Rs150b Industrial & Export Program for SMEs growth
LAHORE: The Government of Punjab has approved a massive Rs150 billion Industrial Development and Export Program aimed at accelerating industrial...
Karachi traders, transporters call off strike
KARACHI: Karachi traders and transporters have postponed a planned strike following a meeting with Sindh Governor Nehal Hashmi, who assured...
Pakistan completes $1.43b in debt payments
ISLAMABAD: Adviser to Finance Minister, Khurram Schehzad has said that Pakistan completed $1.43 billion in debt payments. Today, Pakistan has...
KP moves toward cashless economy with digital payment bill 2026
PESHAWAR: The Khyber Pakhtunkhwa government has prepared legislation to transform the province into a cashless economy by introducing the “Khyber...
First dredging operation begins at Karachi Port Trust
KARACHI: A new era has begun for Karachi Port Trust's business partners. According to the port administration, the National Dredging...
Pakistan moves to regulate virtual assets with first PVARA meet
ISLAMABAD: The Pakistan Virtual Assets Regulatory Authority (PVARA) convened its first formal Authority meeting yesterday under the newly enacted Virtual...
Contract-based withholding tax rises 37pc to Rs728b in FY2025
ISLAMABAD: Withholding tax collection from contracts remained the largest contributor in FY2025, increasing by 37% to Rs728 billion compared to...
Sales tax collection from motor cars surges 159pc in FY25
ISLAMABAD: Sales tax collection from motor cars in Pakistan recorded a massive increase during the fiscal year 2024-25, reflecting strong...
FBR reports 15pc jump in duty-free imports in FY2024-25
ISLAMABAD: The Federal Board of Revenue (FBR) has reported a sharp rise in duty-free imports during fiscal year 2024-25, highlighting...
FBR data shows Karachi’s share in customs duty collection declining
ISLAMABAD: The Federal Board of Revenue (FBR) has disclosed in its Year Book 2024-25 that the share of Custom House...
Tanker carrying petrol arrives at Port Qasim, Karachi
KARACHI: A crude oil tanker carrying petrol arrived at Port Qasim in Karachi, Pakistan, officials confirmed on Wednesday. The vessel,...
DG Valuation revises customs value on import of empty tin cans vide VR No.2057/2026
KARACHI: The Directorate General of Pakistan Customs Valuation, Karachi, has issued a new customs valuation ruling revising the import value...
