IMF forecasts slower growth, higher inflation for Pakistan

ISLAMABAD: The government has increased the levy on petroleum products, adding to the cost burden on consumers and making petrol...

Experts urge expansion of Third Schedule in sales tax regime

ISLAMABAD: Tax experts, economists, and business leaders called for major reforms in Pakistan’s sales tax regime in the upcoming federal...

FPCCI felicitates nation, Pak Army on one year of Marka-e-Haq

LAHORE: The Federation of Pakistan Chambers of Commerce and Indsutry (FPCCI) and United Business Group (UBG) Saturday felicitated the entire...

Goods transport fares hiked by 10pc across Pakistan after fuel price surge

LAHORE: Following the recent increase in petroleum product prices, Pakistan Mini Mazda Goods Transport has announced a 10 percent hike...

Pakistan to issue $250m Panda bonds within 10 days as China grants approval

ISLAMABAD: Finance Minister Muhammad Aurangzeb informed the National Assembly Standing Committee on Finance that Pakistan had received final regulatory approval...

IMF approves $1.2bn loan tranche for Pakistan

ISLAMABAD: The International Monetary Fund has approved a $1.2 billion loan tranche for Pakistan, providing a significant boost to the...

ICCI hails Court verdict against ‘deemed Income’ tax on properties

ISLAMABAD: President Islamabad Chamber of Commerce and Industry Sardar Tahir Mehmood has welcomed the landmark decision declaring Section 7-E of...

Pakistan likely to receive $1.2b IMF tranche as board meets today

ISLAMABAD: Pakistan is expected to receive a $1.2 billion tranche from the International Monetary Fund (IMF) soon, as the Fund’s...

Pakistan rejects LNG spot bids hoping for cheaper Qatari supplies

LAHORE: Pakistan has decided not to approve the lowest bids submitted for two spot LNG cargoes despite receiving competitive offers...

FBR revises customs values for imported smartwatches & wearables vide VR No.2076/2026

KARACHI: The Federal Board of Revenue (FBR) has revised customs values for imported smartwatches, smart bands, and smart rings to...

FCC declares Section 7E Property Tax unconstitutional, strikes down levy nationwide

ISLAMABAD: In a landmark judgment with major implications for taxpayers and the real estate sector, the Federal Constitutional Court (FCC)...

Pakistan, Saudi Arabia explore oil refinery upgrades, energy cooperation

ISLAMABAD: Petroleum Minister Ali Pervaiz Malik met Saudi Ambassador Nawaf bin Saeed Al-Malki to discuss upgrading Pakistan’s oil refineries and...

Govt to build 500MW floating solar project at Keenjhar Lake

KARACHI: The government has planned a 500-megawatt floating solar power project at Keenjhar Lake in Sindh with an estimated cost...

Gwadar Port chief vows 30-day free storage for goods import and export

GWADAR: Gwadar Port Authority (GPA) Chairman Noorul Haq Baloch announced a 30-day free storage period for import and export of...

Pakistan to build Energy City, multipurpose terminal at Port Qasim

KARACHI: Federal Minister for Maritime Affairs Junaid Anwar Chaudhary has said that Pakistan is considering establishing a new ‘Energy City’...

Ahad Cheema stresses transparency, efficient monitoring of PPP projects

ISLAMABAD: Federal Minister for Economic Affairs Ahad Cheema on Friday chaired a meeting to review and deliberate on key reforms...

Pakistan Single Window, TDAP sign MoU to boost Pakistan’s digital trade ecosystem

KARACHI: Pakistan Single Window (PSW) and the Trade Development Authority of Pakistan (TDAP) have signed a Memorandum of Understanding (MoU)...

FBR issues draft income tax return forms for Tax Year 2026

ISLAMABAD: Federal Board of Revenue (FBR) has issued draft income tax return forms for Tax Year 2026 and invited taxpayers,...

Foreign exchange reserves rising weekly, external debt steady at $100bn: SBP governor