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Pakistan receives five bids from Chinese firms to launch Panda bonds: Bloomberg
KARACHI: Pakistan has received five bids from Chinese firms to help it raise funds via Panda bonds as the nation...
Pakistan’s exports to China increase by 33.67pc in FY 2023-24: SBP
KARACHI: Pakistan’s export of goods and services to China witnessed an increase of 33.67 percent during the twelve months of...
Acquisition of German conglomerate, CCP’s approval for market integration
LAHORE: The Competition Commission of Pakistan (CCP) has approved a significant merger in the steel industry with international implications. The...
FBR collects Rs659.2b in 1st month of FY 2024-25
ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs659.2 billion in first month (July) of the current financial year 2024-25...
Reforms must to make EFF last IMF programme: Aurangzeb
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Thursday reiterated the need for structural reforms to...
Govt slashes petroleum prices by up to Rs10.86 per litre
ISLAMABAD: The federal government announced a significant decrease in petroleum prices for the first fortnight of August 2024. The prices...
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...
UAE Ambassador, Commerce minister discuss bilateral trade, investment
ISLAMABAD: In a bid to enhance bilateral trade and investment opportunities between the United Arab Emirates (UAE) and Pakistan, the...
Sargodha Enforcement seizes smuggled goods worth Rs49.4m from Toba Tek Singh
SARGODHA: Collectorate of Customs Enforcement Sargodha has seized huge quantity of smuggled goods worth Rs49.4 million from a warehouse in...
Gain tax not to apply on properties purchased before July 1, 2024
LAHORE: The Federal Board of Revenue (FBR) has announced that the concept of holding period has been eliminated for immovable...
LPG prices surge as OGRA issues new notification
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced an increase in the price of Liquefied Petroleum Gas (LPG)...
Govt striving to strengthen national economy on sustainable basis: Finance Minister
KARACHI: The federal government is striving to strengthen the national economy on a sustainable basis with focus on promotion and...
Pakistan’s economy stabilized after IMF deal: S&P
KARACHI: The Standard & Poor (S&P) Global has declared the Pakistani economy stable after the International Monetary Fund (IMF) $7...
FBR chief Amjad Zubair Tiwana ‘tenders resignation’
SLAMABAD: Federal Board of Revenue (FBR) Chairman Amjad Zubair Tiwana applied for premature retirement. FBR chairman has written a letter...
FBR notifies transfers of 5 PCS officers of BS16-17 with immediate effect
ISLAMABAD: The Federal Board of Revenue (FBR) has notified transfers of five BS-16-17 to their new offices with immediate effect...
Finance Minister reiterates support for GB development
ISLAMABAD: Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Wednesday reiterated government’s commitment to support development of Gilgit-Baltistan for...
Finance ministry reports CPI inflation heading towards single digit
ISLAMABAD: The Finance Ministry on Tuesday reported its monthly outlook for July stating that the Consumer Price Index (CPI) inflation...
Millers urge govt to approve export of surplus sugar to mitigate industry losses
ISLAMABAD: The Pakistan Sugar Mills Association (PSMA) from the Punjab Zone has once again called on the government to authorize...
FBR allows 100pc tax credit for Sindh coal mining projects
LAHORE: The Federal Board of Revenue (FBR) has granted a 100% tax credit to individuals and entities engaged in coal...
FBR details new tax rules for builders & developers
ISLAMABAD: The Federal Board of Revenue (FBR) has issued detailed guidelines for collecting taxes on the earnings of builders and...
