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ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial said that no additional taxation measures are under consideration despite...

Integration with FBR made mandatory for distributors & retailers

ISLAMABAD: The Federal Board of Revenue (FBR) has made it mandatory for distributors and retailers to integrate their businesses with...

Huawei, Transworld deploy Pakistan’s first 400G optical network

ISLAMABAD: Huawei Technologies and Transworld Associates announced the successful deployment of Pakistan’s first 400G optical network, a major milestone in the...

FBR extends facilitation to manual income tax filers to promote online returns submission

ISLAMABAD: The Federal Board of Revenue (FBR) here on Wednesday announced special measures to assist manual income tax filers as part...

Pakistan’s trade deficit surges over 38pc in 1Q of FY2025–26

ISLAMABAD: Pakistan’s trade deficit widened by more than 38 percent during the first four months of the current fiscal year. According...

Google eyes Pakistan as emerging export hub, says FinMin Aurangzeb

KARACHI: Federal Finance Minister Muhammad Aurangzeb has said that Google plans to make Pakistan an export hub. Addressing the Future...

Pakistan cancels Eni LNG cargoes, seeks to renegotiate Qatar supplies

KARACHI: Pakistan has struck a deal to cancel 21 liquefied natural gas (LNG) cargoes under its long-term contract with Italy's...

SBP imposes Rs1.5b penalty on NBP over counterfeit bank notes

KARACHI: The State Bank of Pakistan (SBP) has imposed hefty penalties totaling nearly Rs1.5 billion on the National Bank of...

Allied Bank, Meezan Bank, American Lyceum among 77 sealed in Lahore

LAHORE: The Lahore Development Authority (LDA) sealed 77 illegal commercial buildings and premises that defaulted on commercialisation fees in LDA-controlled...

Pakistan’s cotton output projected to fall by 10-15% in 2025-26 despite early season gains

MULTAN: Pakistan’s cotton production for the 2025-26 season is expected to decline by 10-15% compared to the previous year, despite...

FBR blunder sparks confusion over manual tax return filing rules

ISLAMABAD: Federal Board of Revenue (FBR) has proposed making electronic filing of income tax returns mandatory for all individuals, effectively phasing...

FBR allows taxpayers to file 2025 returns till Nov 15

ISLAMABAD: The Federal Board of Revenue (FBR) has officially announced that taxpayers who missed the October 31 deadline can now...

RCCI welcomes govt’s Roshan Maishiat package as a landmark step for economic revival

RAWALPINDI, November 04 (APP):The Rawalpindi Chamber of Commerce and Industry (RCCI) on Tuesday lauded the government’s Roshan Maishiat package and...

FBR clarifies criteria for active taxpayer status for 2025

ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that the determination of taxpayers’ active status for 2025 will be...

Minister announces three new ports to boost Pakistan’s blue economy

KARACHI: Federal Minister for Maritime Affairs Junaid Anwar Chaudhry has unveiled plans to build three new ports in Pakistan to give...

Aurangzeb calls blue economy a game changer for Pakistan’s economy

KARACHI: Federal Finance Minister Mohammad Aurangzeb emphasized that the blue economy would act as a game changer for Pakistan’s economy. Speaking...

Banks disburse Rs2.58tr in agricultural loans during FY25

KARACHI: Pakistan’s banking sector disbursed a total of Rs2.58 trillion in agricultural loans during the fiscal year 2024-25, surpassing its...

Karachi Enforcement foils attempt to smuggle diesel via sea route

KARACHI: The Marine Unit of the Collectorate of Customs (Enforcement), Karachi has successfully foiled an attempt to smuggle Iranian-origin High-Speed...

CCP issues Competition assessment study of steel sector in Pakistan