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Pakistan faces mango export challenges amid Afghanistan border closure, Gulf tensions

Qatari LNG tanker heads via Strait of Hormuz to Pakistan, shows data

RCCI inks MoU with China’s IBI Group to promote industrial cooperation

Pakistan weighs fertiliser imports from Central Asia amid fears of supply disruptions

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Business confidence turns positive: OICCI survey shows 16-point surge in sentiment

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) on Thursday unveiled the findings of its Business Confidence Index...

Pakistan sets 125,000-ton mango export target for 2025 despite climate, logistical hurdles

KARACHI: Pakistan aims to export 125,000 tons of mangoes this season, with shipments scheduled to commence on May 25, 2025,...

Banks advocate for reforms in FBR tax recovery procedures

KARACHI: Banks in Pakistan are urging the Federal Board of Revenue (FBR) to revise its tax recovery framework from customer...

FBR targets 72 elite in major offshore wealth crackdown

ISLAMABAD: A bold and dramatic move, the Federal Board of Revenue (FBR) has zeroed in on 72 ultra-wealthy and influential...

FBR starts probe into dual salary-pension recipients among federal officials

ISLAMABAD: The Federal Board of Revenue (FBR) has initiated a detailed investigation to identify federal officials who are simultaneously drawing...

Committee misses deadline in Punjab Revenue Authority director’s appointment probe

LAHORE: A fact-finding committee constituted to inquire into the ‘unlawful’ appointment of the Punjab Revenue Authority (PRA) director (IT) seems...

Govt decreases nationals savings profit rates

KARACHI: The Central Directorate of National Savings (CDNS) has slashed the profit rates of its various savings schemes by up...

Govt establishes Pakistan Digital Assets Authority to comply with FATF

ISLAMABAD: In a bid to regulate and accelerate the Virtual Asset Economy comp¬liant with the Financial Action Task Force (FATF)...

FBR rejects any tax amnesty in budget 2025-26

KARACHI: As consultations between Pakistan and the International Monetary Fund (IMF) for the federal budget 2025–26 enter a critical phase,...

FBR registers over 2.4 million new taxpayers in FY2024-25

MULTAN: The government informed the National Assembly that the Federal Board of Revenue (FBR) registered 2,403,831 new taxpayers during the...

FBR proposes hefty fines for non-compliant retailers in Budget 2025-26

ISLAMABAD: In a major move to curb tax evasion, the Federal Board of Revenue (FBR) is set to propose significantly...

LCCI congratulates Field Marshal Syed Asim Munir

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) Wednesday extended its warmest congratulations to Chief of the Army Staff General...

Aurangzeb briefs Netherlands envoy on Country’s current macroeconomic outlook

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Wednesday briefed the Ambassador of the Netherlands to Pakistan...

CCP fines British Lyceum Rs5m for deceptive marketing practices

LAHORE: The Competition Commission of Pakistan (CCP) has slapped a PKR 5 million fine on British Lyceum (Pvt.) Limited for...

Bank deposit returns dip to 4.90pc in April; real rate remains negative at -5.36pc

KARACHI: The average return on bank deposits declined to 4.90% in April 2025, down 12 basis points from 5.01% in...

Govt to expand luxury goods list for 25pc sales tax in FY26 budget

KARACHI: The government of Pakistan is reportedly planning to significantly broaden the list of luxury items that will be subjected...

Inquiry into Customs mismanagement in Lahore: Delays in Prime Movers release

LAHORE: The Federal Tax Ombudsman (FTO) has ordered an investigation into customs mismanagement on the part of officials in Lahore....

FBR faces scrutiny over alleged violations in WHT recovery

ISLAMABAD: The Federal Board of Revenue (FBR) is under fire as its Member Legal has been formally approached regarding alleged...

IMF ‘urges’ Pakistan to expedite privatization of state enterprises

ISLAMABAD: The International Monetary Fund (IMF) pressed Pakistan to expedite the privatization of state-owned enterprises as part of ongoing budget...

FBR requests IMF to reduce tax collection target by Rs250b