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Pakistan’s first green hydrogen plant to be established in Thatta
KARACHI: Pakistan’s first green hydrogen plant will be established in Thatta in collaboration with China, . In this connection, the...
Pakistan faces last IMF board review before passing crucial budget
ISLAMABAD: Pakistan can have only one remaining board review under the current bailout package of the International Monetary Fund (IMF)...
Pakistan losing Rs 956b annually from 5 sectors: IPSOS
ISLAMABAD: IPSOS, a global market and social research organization, in its latest report launched in Islamabad, highlighted that the mammoth...
ECC gives nod to allocation of budget to various ministries
ISLAMABAD: The Economic Coordination Committee (ECC) on Wednesday approved the grants and allocations of funds to various ministries and departments...
Additional tax on prize bonds proposed in Budget 2023-24
ISLAMABAD: The incumbent government was considering imposing additional 5 percent tax on prize bonds in federal budget 2023-24, according to...
Govt to launch economic survey 2022-23 today
ISLAMABAD: The federal government will unveil the Economic Survey of Pakistan 2022-23 — a pre-budget document containing the details of...
DG Faiz Ahmad impounds smuggled cigarettes worth millions during last 24 hours
KARACHI: Under the direct supervision of Director-General, Customs Intelligence and Investigation (I&I) Faiz Ahmad Chadhar, Customs I&I has further beefed...
Coordinator FTO hails barter trade with Russia, Iran
LAHORE: Coordinator to Federal Tax Ombudsman Meher Kashif Younis hailed the timely judicious decision of barter trade among Russia, Iran...
Govt has to restore its writ for development of Pakistan: Tauseef H. Farooqui
ISLAMABAD: Chairman NEPRA Tauseef H. Farooqui has said that for the development of Pakistan, the government has to restore its...
Multan Customs generates Rs83.553m revenue during May 2023
MULTAN: Collectorate of Customs Enforcement has collected Rs83.553 million under the heads of customs duty, sales tax and income tax...
NEC approves Rs 2.709 trillion ADP for FY 2023-24
ISLAMABAD: The National Economic Council (NEC) proposed the Annual Development Plan (ADP) for the upcoming fiscal year (2023-24) with a...
World Bank projects two more dark years for Pakistan’s economic growth
WASHINGTON: The World Bank has said the devastating effects of the August 2022 floods, policy uncertainty and shrinking foreign exchange...
Russian cargo likely to reach Pakistan on June 11
KARACHI: A Russian cargo vessel carrying 100,000 tonnes of crude oil is behind schedule and is now expected to reach...
Trade deficit narrows by 40.59pc in 11 months of FY23
ISLAMABAD: The trade deficit witnessed a decline of 40.59 percent during the first eleven months of the current fiscal year...
Govt committed to provide conducive investment climate: commerce minister
ISLAMABAD: Federal Minister for Commerce, Naveed Qamar held a meeting with the leading investment firms in London and shared with...
Govt to unveil fixed tax regime for IT sector in budget 2023-24
ISLAMABAD: In a bid to boost the country's IT exports, the federal government has decided to introduce a fixed tax...
Customs Enforcement conducts crackdown, recovers Rs15m worth of foreign origin cigarettes
LAHORE: On direction of Member Pakistan Customs Mukaram Jah Ansari and Chief Collector Enforcement Mubashar Baig, the Lahore Customs team,...
FM Bilawal for exploring trade, investment potential between Pakistan, Iraq
ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari has said that the current bilateral trade was not commensurate with the huge potential...
High powered commission expresses concern over verification of freight charges in import sector
KARACHI: A high-powered commission, appointed by the finance minister of Pakistan, has expressed concerns regarding the verification of freight charges...
Pakistan’s services exports plummet 25pc, imports 40pc in April
ISLAMABAD: The country's services exports continued shrinking for the fourth consecutive month on year-on-year basis, as the figures released by...
