PRAL appoints Faisal Sattar as new CEO

ISLAMABAD: The Federal Board of Revenue has formally capped rewards for meritorious services for Inland Revenue officials at a maximum...

US, China & UK, top 3 destinations of Pakistani exports during Jul-Nov: SBP

KARACHI:The United States (US) remained the top export destination of Pakistani products during the first five months of the current...

Pak-Tajikistan PTA key to trade liberalization, targeting $300m in bilateral trade: Envoy Sarwar

DUSHANBE: Pakistan’s Ambassador to Tajikistan, Muhammad Saeed Sarwar, stated that a Preferential Trade Agreement (PTA) between the two nations is...

KSE-100 crosses 174,400 points as investor confidence strengthens: Khurram

ISLAMABAD: Advisor to the Finance Minister Khurram Schehzad on Monday said Pakistan’s equity market had achieved another major milestone, with...

SBCA urged to deposit collected amount into govt account

KARACHI: The Sindh Board Control Authority (SBCA) has come under scrutiny for failing to deposit millions of rupees collected as...

FBR allows tax-free imports from China to Gilgit Baltistan

ISLAMABAD: Chinese goods imported for Gilgit-Baltistan through the Customs Dry Port Sost have been exempted from the payment of sales...

NEPRA cracks down on power firms over unauthorised net metering suspension

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA), has taken strict action against an abrupt suspension of net metering registrations...

FBR deploys tax officers at 50 private hospitals amid low compliance by doctors: report

LAHORE: The Federal Board of Revenue (FBR) has intensified its enforcement drive against tax evasion in the private healthcare sector...

UAE is acquiring Fauji Foundation shares: Ishaq Dar

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar said on Saturday that the United Arab Emirates (UAE)...

FBR to launch crackdown on smuggled goods’ sale on social media

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to launch a crackdown on marketers who are selling smuggled and...

Former finance minister, ex-SBP governor Dr Shamshad Akhtar passes away

KARACHI: Former federal finance minister and ex–State Bank of Pakistan (SBP) governor Dr Shamshad Akhtar passed away after suffering cardiac...

ECC rejects gas, RLNG tariff concession request for glass industry

ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cebinet has rejected a request for granting concessionary gas and re-gasified...

Pakistan, China launch joint projects to advance vocational education

ISLAMABAD: Chinese and Pakistani officials signed a package of cooperation documents and launched joint programmes to advance vocational education in various...

PRA to establish investigation & intelligence wing to strengthen tax enforcement

LAHORE: The Punjab Revenue Authority (PRA) has announced plans to establish a dedicated investigation and intelligence wing aimed at cracking...

PHC summons KPRA DG over promotion non-compliance

PESHAWAR: The Peshawar High Court (PHC) summoned the Director General of the Khyber Pakhtunkhwa Revenue Authority (KPRA) in person for...

FTO detects cybercrime network using fake invoices within FBR & PRAL

ISLAMABAD: The Federal Tax Ombudsman (FTO) has uncovered another network of cybercriminals operating within the Federal Board of Revenue (FBR)...

Lahore CTO recovers Rs2.646b in major tax enforcement drive

LAHORE: The Corporate Tax Office (CTO) Lahore has recovered Rs. 2.646 billion in a major tax enforcement action, marking a...

Khurram highlights progress on privatization of SOEs

ISLAMABAD: Advisor to the Finance Minister Khurram Schehzad shared an update highlighting progress on key state-owned enterprises (SOEs), noting that...

RCCI hosts Ethiopian envoy for business talks