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Dar for further strengthening economic relations with China
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar highlighted the need to deepen bilateral relations with China...
Russian crude shipment paid in Chinese currency: Musadik Malik
ISLAMABAD: Pakistan paid for its first government-to-government import of Russian crude in Chinese currency, State Minister for Petroleum Musadik Malik...
APTMA fears massive closures if competitive energy tariff not allowed
LAHORE: Chairman of All Pakistan Textile Mills Association (APTMA) North Zone Hamid Zaman has feared massive closures and retrenchment of...
Load-shedding likely to increase as Biporjoy impacts LNG cargoes’ berthing
KARACHI: As the "very severe cyclone system" Biparjoy approaches Sindh's coastal belt, a senior official has warned that more power...
Pakistan not considering bilateral debt restructuring: SBP governor
KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad said the country was not considering a bilateral debt restructuring, Reuters...
Pakistan starts transporting much-awaited Russian oil to refinery
KARACHI: Local authorities have begun transporting the much-anticipated discounted Russian crude oil from the vessel to a refinery in the...
Govt not intended to freeze foreign currency accounts: Pasha
ISLAMABAD: State Minister for Finance and Revenue Dr Aisha Ghaus Pasha said Monday the federal government had no intention of...
IMF to persist with ‘do more’ as Pakistan looks beyond budget: experts
ISLAMABAD: There is a wide consensus that the International Monetary Fund (IMF) won’t change its stance after the government unveiled...
SBP maintains status quo on policy rate, anticipates inflation to decline from this month
KARACHI: The State Bank of Pakistan's (SBP) Monetary Policy Committee (MPC) on Monday decided to maintain the status quo on...
FBR to establish ICTE to reduce role of FBR officials
LAHORE: The Federal Board of Revenue (FBR) will establish an International Centre of Tax Excellence (ICTE) to reduce the role...
Changes in FBR’s tax expenditure may affect provincial revenues
ISLAMABAD: The changes made in the cost of tax exemptions by the Federal Board of Revenue (FBR) may have an...
Pakistan unlikely to devalue rupee as pressure eased: Fitch Ratings
ISLAMABAD; Amid negotiations with the International Monetary Fund (IMF) to restart a $6.7 billion bailout programme, Fitch Ratings said that...
First cargo of discounted Russian oil reaches Karachi
KARACHI: The first cargo of discounted Russian crude oil arranged under a new deal between Islamabad and Moscow arrived in...
IMF conditions hampered Dar in presenting a comprehensive budget: PIAF
LAHORE: Representative bodies of businessmen have praised the budget presented by Finance Minister Ishaq Dar-led team, albeit with reservations, while...
Customs PCA detects tax evasion of Rs51m by M/s Fairdeal Textile
KARACHI: Directorate General of Post Clearance Audit (PCA) has detected tax evasion of Rs51 million involving M/s Fairdeal Textiles in...
Sindh budget: Rs10bn allocated for purchase of buses
KARACHI: The Sindh government has allocated Rs10 billion for the procurement of 500 hybrid buses in the provincial budget for...
Sindh Budget 2023-24: 35pc hike in govt employees’ salaries proposed
KARACHI: The Sindh government has proposed a 35 percent increase in salaries of government employees in the provincial budget for...
Pakistani mangoes land in China via newly opened cargo route
BEIJING: The second batch of Pakistani mangoes arrived in Nanning, the capital of China’s southwest autonomous region of Guangxi, Adnan...
Rs200b additional taxes imposed in budget 2023-24: FBR chairman
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad has said that Rs200 billion additional taxes were imposed in the...
Pakistan imposes 10pc WHT on foreign payments via cards
LAHORE: Pakistan has introduced a withholding tax of up to 10 percent on individuals making foreign payments through debit and...
