Russian firm to invest $80m in Pakistan for insulin manufacturing
ISLAMABAD: A Russian pharmaceutical company has committed to invest around $80 million in Pakistan’s pharmaceutical sector over six years, with...
Pakistan assures Iran of readiness for TIR, transhipment cargo operations
KARACHI: Pakistan has informed Iran that its authorities are prepared to handle cargo under international transhipment and transit arrangements, with...
Karachi Port, Romania’s Constanța Port ink cooperation accord
KARACHI: A historic cooperation agreement has been signed between Karachi Port Trust and Romania’s Port of Constanța, marking a significant...
FBR faces major challenge in meeting March tax target
ISLAMABAD: The Federal Board of Revenue (FBR) is facing significant challenges in meeting its tax collection target of Rs1367 billion...
Senate panel questions FBR oversight on sales from tax-free zones
ISLAMABAD: A Senate sub-committee has raised serious concerns over the Federal Board of Revenue (FBR) for failing to effectively monitor...
Pakistan seeks $200m ADB loan to digitise tax and customs system
ISLAMABAD: Pakistan has proposed securing a $200 million loan from the Asian Development Bank to support reforms aimed at modernising...
DG Valuation notifies new customs values for imported beverages vide VR No2052/2026
KARACHI: The Federal Board of Revenue has issued a new valuation ruling to determine customs values for imported beverages of...
POL import bill declines by 6.35pc to $10.029b in 8 months
ISLAMABAD: The imports of the overall petroleum group decreased by 6.35 percent during the first eight months of the current...
FinMin says spectrum auction conducted thru transparent, consultative process
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with a high-level delegation from VEON Group, led by...
Atif Ikram hails IMF deal as vital step for Pakistan economy
KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has welcomed the newly...
Export of footwear rise 4.23pc to $131.753m
ISLAMABAD: The export of footwear from the country witnessed an increase of 4.23 percent during the first eight months of...
FBR opens new Jeerak Customs Station at Pak-Iran border
ISLAMABAD: The Federal Board of Revenue (FBR) has established a new customs station at the Pak-Iran border to streamline passenger...
FBR probes Rs48.4 crore reward payments after AGP audit
ISLAMABAD: The Federal Board of Revenue (FBR) has initiated a special audit into cash rewards worth Rs484.44 million (Rs48.4 crore)...
Gadani Customs to auction passenger buses, goods vehicles on April 6
GADANI: Collectorate of Customs has announced a major public auction of seized passenger buses, trucks, trailers, and commercial transport vehicles...
Fuel shipment arrives in Karachi to boost supply
KARACHI: A vessel carrying a major fuel consignment for Pakistan State Oil (PSO) has arrived in Karachi, bringing relief amid...
Business leaders question fuel price hike despite steady oil supply in Pakistan
LAHORE: Chairman of the United Business Group, SM Tanveer, has raised concerns over the recent increase in fuel prices, stating...
Pakistan’s petroleum stocks adequate for next two months: Khurram Schehzad
ISLAMABAD: Advisor to the Finance Minister Khurram Schehzad stated that Pakistan previously had a 24-day stock of petroleum products, which...
Pakistan, Kuwait discuss bilateral relations, energy cooperation, regional developments
ISLAMABAD: Federal Minister for Petroleum, Ali Pervaiz Malik, held a meeting on Monday with Nassar Abdulrahman Jasser Almutairi, Ambassador of...
FBR flags ‘negligent’ handling of foreign petroleum firm case by CTO Islamabad
ISLAMABAD: The Federal Board of Revenue has raised concerns over the handling of a complaint involving a foreign petroleum company...
Punjab vehicle re-registration scheme fails to gain traction
LAHORE: A revenue-focused initiative by the Punjab government to re-register vehicles from other provinces has failed to generate any response...
