Breaking News

ISLAMABAD: Federal Board of Revenue (FBR), Chairman, Muhammad Ashfaq Ahmed would hold an ‘E-Kachehri’ on July 14 (Friday). According to...

SBP forex reserves swell to $4.52b after IMF cash injection

KARACHI: The State Bank of Pakistan (SBP)'s foreign exchange reserves jumped by $61 million to clock in at $4.52 billion...

BAFL must refund lost amount, apologize to fraud victim: President Alvi

ISLAMABAD: President Dr Arif Alvi has rejected a representation filed by Bank Alfalah Ltd (BAFL) against the decision of Banking...

Huawei, Khazana Enterprise join hands to build first national Hyper-Scale financial cloud

ISLAMABAD: In a groundbreaking development for Pakistan’s ICT industry and overall economy, Huawei Technologies Ltd and Khazana Enterprise have joined...

Hyderabad Customs announces to auction motor vehicles on July 14

HYDERABAD: Collectorate of Customs has announced an upcoming auction of motor vehicles, set to take place on July 14, 2023....

Pakistan-owned Washington building sold for $7.1m

WASHINGTON: After months of efforts, Pakistan finally sold a historic building — vacant since 2003 — in the US capital...

FBR directs Multan Customs not to finalize assessment of GDs sans EIF

MULTAN: The Federal Board of Revenue (FBR) has directed Customs field formations including Multan not to finalize assessment of GDs...

UAE ‘deposits $1 billion’ into State Bank of Pakistan’s account

KARACHI: Finance Minister Senator Ishaq Dar announced that Pakistan has received $1 billion funds in financial assistance from the friendly...

Zeba Hai Azhar appointed as FBR Member Customs Operations

ISLAMABAD: Zeba Hai Azhar has been appointed as the Member of Customs Operations by the Federal Board of Revenue (FBR)...

IMF Executive Board approves $3b Stand-By Arrangement for Pakistan

ISLAMABAD: The International Monetary Fund (IMF) approved a 9-month Stand-By Arrangement (SBA) for Pakistan for an amount of about $3...

Customs Appellate Tribunal directs to hand over seized luxury car to Bulgarian embassy

LAHORE: A Customs appellate tribunal has held that the Bentley Mulsanne seized last year in Karachi by the Customs had...

Cars’ sale decreases by 58.65pc during FY 2023

ISLAMABAD: The sale of cars witnessed a decrease of 58.65 per cent during the fiscal year 2022-23 as compared to...

All measure being taken to expand tax net: FBR Chairman Asim Ahmad

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad has said that new measures are being taken to broaden the...

Customs PCA South detects over invoicing worth Rs69.50b during import level

KARACHI: Directorate of Post Clearance Audit (PCA) has detected over invoicing worth Rs69.50 billion at the import level. Startling revelations...

Petroleum dealers threaten countrywide strike

KARACHI: The petroleum dealers have threatened to observe countrywide strike for demanding a hike in the commission from the government....

IMC signs agreement with Toyota Egypt to export auto parts

KARACHI: Pakistan's largest automaker, Indus Motor Company, has signed a deal with Toyota Egypt for the export of auto products...

Pakistan on IMF Executive Board agenda today as country awaits $3b deal’s future

WASHINGTON: The International Monetary Fund (IMF)’s Executive Board will deliberate upon the $3 billion stand-by arrangement (SBA) reached with Pakistan...

ECNEC okays six projects including solarization of agriculture tube wells

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) approved six projects including “Prime Minister’s National Programme for Solarization...

Islamabad Customs seizes 200 iPhones worth Rs60m at NIIA