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LAHORE: The Punjab Revenue Authority (PRA) has asked all hotels and restaurants in the province to install the electronic invoice...

Online ship, boat registration system made operational in Pakistan

KARACHI: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced that the online Ship and Boat Registration System...

Govt introduces new LPG auction system, sales to be held in presence of media

ISLAMABAD: The government has initiated measures to ensure transparent auctions and fair distribution of liquefied petroleum gas (LPG), introducing a...

Pakistan extends LNG bidding deadline to Nov 10 amid technical issues

ISLAMABAD: Pakistan LNG Limited (PLL) has extended the bidding deadline for two spot liquefied natural gas (LNG) cargoes to November...

PHC declares levy of excise duty on hand-stemmed tobacco illegal

PESHAWAR: Peshawar High Court has declared that Federal Excise Duty (FED) couldn’t be imposed on green leaf and hand-stemmed tobacco...

Govt appoints Mustafa Ramday as PSO chairman for three years, reconstitutes board

ISLAMABAD: Pakistan State Oil Company Limited (PSO) has confirmed the appointment of Mustafa Ramday as its new chairman following the...

Pakistan, Uzbekistan plan AI-driven customs collaboration

KARACHI: Pakistan and Uzbekistan have agreed to strengthen customs cooperation by expanding digital integration, enhancing information sharing and exploring the...

Vessel of TPOC to reach Karachi between Nov 17-20 for offshore exploration

KARACHI: Federal Minister for Petroleum Ali Pervaiz Malik chaired a high-level meeting to review preparations and arrangements for the arrival...

Business groups form alliance to contest FPCCI elections

KARACHI: Two major business groups announced the formation of a joint alliance that will contest all seats, including the presidency,...

Punjab bars property sales & purchases over unpaid garbage tax

LAHORE: The Punjab Excise Department will not issue No Objection Certificates (NOCs) for the sale or purchase of any property...

Pakistan’s foreign reserves rise to $ 26.86b, SBP reserves reach $ 21.56b

KARACHI: The total liquid foreign reserves of Pakistan surged to US$ 26,864.5 million as of October 30, while State Bank...

FBR grants Rs205.65b customs duty exemptions under Fifth Schedule

ISLAMABAD: The Tax Expenditure Report 2026 shows customs duty exemptions fell to Rs205.65 billion in FY2024-25 from Rs379.75 billion a...

Pakistan’s external debt nearly doubles in 10 years: World Bank

ISLAMABAD: Pakistan’s external debt has nearly doubled over the past decade, crossing $135 billion as the country continues to rely...

Taxpayers get new option to correct e-invoices beyond 72-hour limit

ISLAMABAD: The Federal Board of Revenue (FBR) has enabled taxpayers to amend or cancel electronic sales tax invoices after the...

FBR makes sales tax invoices mandatory for advance payments

ISLAMABAD: The Federal Board of Revenue (FBR) has required registered taxpayers to issue sales tax invoices for advance payments received...

Goods transport fares reduced by 5pc after fuel price cuts

KARACHI: The All Pakistan Goods Transport Alliance has announced a five percent reduction in goods transport fares, following the decision...

Sindh explores expansion of digital payments for utility bills

KARACHI: The Chief Minister of Sindh, Syed Murad Ali Shah, has called for expanding the province’s digital payment infrastructure to...

Finance minister reviews SME financing, directs lenders to expand timely access to credit

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting to review progress on access to finance...

Pakistan secures $7.3b loan rollovers from Saudi Arabia, China & Kuwait