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LAHORE: The cost of solar panels has risen once again in Lahore. The price of a 7 to 15-kilowatt system...

Alternate Executive Directors ADB calls on Finance Minister

ISLAMABAD: Alternate Executive Directors of Asian Development Bank (ADB) called on Minister for Finance and Revenue Senator Muhammad Aurangzeb and...

PM wants ICT free from single use plastic bags: Romina

ISLAMABAD: PM’s Coordinator on Climate Change and Environmental Coordination, Romina Khurshid Alam has said that the prime minister wants Islamabad...

Additional tax on sale of imported cars proposed

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) proposed the federal government not to exempt imported used cars...

SBP’s foreign reserves witness increase of $150m

KARACHI: The State Bank of Pakistan (SBP) witnessed an upturn in Pakistan’s foreign exchange reserves, with a reported increase of...

Chinese firm aims to expand investments in Pakistan, shows interest in mining sector

ISLAMABAD: A notable Chinese company has expressed keen interest in expanding its investment in Pakistan, in yet another sign of...

IMF ‘wants’ Pakistan to increase GST to 18pc

ISLAMABAD: International Monetary Fund (IMF) mission has ‘asked’ Pakistani authorities to increase general sales tax (GST) to 18 per cent,...

AGP objects to FBR’s increased reliance on WHT

ISLAMABAD: The Auditor General of Pakistan (AGP) has conveyed to the Federal Board of Revenue (FBR) that the withholding taxes...

Pakistan, China agree for stronger multi-sphere cooperation, accelerate connectivity projects

BEIJING: Pakistan and China have agreed to strengthen cooperation in energy, banking and financial sectors and accelerate progress on connectivity...

KCCI demands revocation of controversial SRO 350

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has called for the revocation of the controversial Statutory Regulatory Order (SRO)...

FBR to revise taxes & duties on tea imports

ISLAMABBAD: The upcoming federal budget (2024-25) would issue new rates of duties and taxes on the import of black tea....

Pakistan assures IMF of increasing basic electricity tariff

ISLAMABAD: The Ministry of Energy has assured the International Monetary Fund (IMF) of its commitment to raising the base tariff...

Massive decrease in petrol, diesel prices announced

ISLAMABAD: In a move aimed at providing relief to the public, the federal government has announced massive reductions in the...

Further tax on tobacco products proposed

LAHORE: Society for the Protection of the Rights of the Child (SPARC) along with other organisations has demanded the Pakistan’s...

Govt committed to support business community: Finance Minister

ISLAMABAD: Federal Minister for Finance and Revenue, Muhammad Aurangzeb has assured that the Government is committed to provide support to...

Pakistan, Kazakhstan to speed up work on bilateral tourism & economic integration

ISLAMABAD: Pakistan and Kazakhstan agreed to speed up work on bilateral tourism and economic integration for opening new avenues of...

ECC approves Rs23b grant for AJ&K government

ISLAMABAD: The Economic Coordination Committee (ECC) approved the summary for “Provision of Rs23 billion as an additional grant for the...

FBR proposes higher WHT on cash withdrawals by non-filers

KARACHI: The Federal Board of Revenue (FBR) has proposed increasing the withholding tax on cash withdrawals from banks by non-filers...

Oil Industry seeks tax refunds worth Rs90b