Arif Habib expects super tax relief in upcoming budget
KARACHI: Arif Habib, founder and CEO of Arif Habib Corporation Limited, has said he expects the federal government to reduce...
ABAD welcomes scraping of FED on property sale, purchase
ISLAMABAD: The federal government has decided to abolish the Federal Excise Duty (FED) on property sale and purchase — a...
KBA President Amir Nawaz assaulted in Karachi amid canals issue
KARACHI: Karachi Bar Association (KBA) President Amir Nawaz Warraich was injured after he was attacked by unknown assailants on II...
FBR terminates Inspector Arshad Ali Nasir due to unauthorized absence
ISLAMABAD: Federal Board of Revenue (FBR) has imposed a major penalty of removal from service on Arshad Ali Nasir, an...
PSX raises share purchase limits to boost market activity
KARACHI: The Pakistan Stock Exchange (PSX) has announced a significant increase in the financial limit per order for share purchases...
SBP hosts 16th SAARCFINANCE seminar on capacity building of financial industry
KARACHI: The State Bank of Pakistan (SBP), organized the 16th SAARCFINANCE seminar, titled “Challenges and Opportunities in the Capacity Building...
ANF seizes drugs worth Rs5.8m in nationwide operations
LAHORE: The Anti-Narcotics Force (ANF) seized over 55 kg of drugs valued at more than Rs5.8 million in three operations...
Pakistan, Saudi Arabia SAIs fostering deeper cooperation
ISLAMABAD: The Office of the Auditor-General of Pakistan and General Court of Audit (GCA) of the Kingdom of Saudi Arabia...
MTBA calls on FBR to resolve sales tax return anomaly
MULTAN: Multan Tax Bar Association (MTBA), affiliated with the Pakistan Tax Bar Association (PTBA) has raised a critical concern with...
NBP to transfer SME Bank’s lending portfolio in demerger scheme
KARACHI: Shareholders of the National Bank of Pakistan (NBP) have approved the Scheme of Arrangement for the demerger of a...
FBR declares bank guarantee mandatory for Iranian transporters
MULTAN: In a move aimed at bolstering customs procedures and securing goods transport, the Federal Board of Revenue (FBR) has...
FBR chairman discusses revenue transformation with WB Country Director
ISLAMABAD: The Country Director of World Bank Najy Benhassine met with Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial...
Pakistan set to ‘abolish’ THESE jobs under rightsizing
ISLAMABAD: The federal government has begun to scrap naib qasid, sanitary, security guards and other jobs on the recommendations of...
Bank account deposit protection limit increased to Rs500,000
KARACHI: Senator Salim Mandviwala chaired a meeting of the Senate Standing Committee on Finance and reviewed of Deposit Protection Corporation...
SBP sells Pakistan Investment Bonds worth Rs140.69b
KARACHI: The State Bank of Pakistan (SBP) sold Pakistan Investment Bonds (PIBs) worth Rs140.69 billion. The auction targeted raising Rs125...
World Bank okays $535m in financing for Pakistan
ISLAMABAD: The World Bank's Board of Executive Directors approved $535 million in financing for Pakistan to support two projects. The...
Budget 2024-25: Govt proposes 25pc increase in govt employees’ salaries
ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb announced that up to 25% increase in the salaries of government employees has...
PM constitutes body to ascertain delays in implementation of T&TS
ISLAMABAD: The Prime Minister’s office, on the instructions of the prime minister, has constituted a five-member committee to ascertain the...
Multan Customs collects Rs99.338m in February 2024
MULTAN: Collectorate of Customs Enforcement has reported a collection of approximately Rs.99.338 million under the head of customs duty, sales...
‘IMF asks Pakistan for transparency in PSDP projects’
ISLAMABAD: Raising ‘concerns’ on the Public Sector Development Programme (PSDP), the International Monetary Fund (IMF) has asked Pakistan for transparency...
