Islamabad

ISLAMABAD: Prime Minister Shehbaz Sharif has directed authorities to accelerate measures for the promotion of electric vehicles (EVs) in the...

ISLAMABAD: Despite being a main source of energy imports, Pakistan’s imports from the Middle East fell 18% year-on-year in March,...

ISLAMABAD: The Federal Board of Revenue (FBR) recently faced a major legal defeat. The Appellate Tribunal Inland Revenue (ATIR) in...

ISLAMABAD: The Federal Board of Revenue (FBR) has recorded a massive surge in capital gains tax (CGT) collection during the...

ISLAMABAD: The Asian Development Bank (ADB) and the National Highway Authority (NHA) on Tuesday signed an agreement to develop two...

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has underscored Pakistan’s steady return to macroeconomic stability and renewed...

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have reached agreement on a fresh set of structural benchmarks aimed at...

ISLAMABAD: Azerbaijan’s state energy company Socar is ready to supply liquefied natural gas (LNG) to Pakistan as soon as it...

ISLAMABAD: Pakistan has decided to increase its Eurobond issuance to $1 billion from $750 million, sources said on Tuesday, a...

ISLAMABAD: The Federal Board of Revenue (FBR) has taken major action in the ongoing silver swap case, suspending several customs...

ISLAMABAD: The Power Division signed a Transaction Advisory Services agreement with the International Finance Corporation on Monday. The deal aims...

ISLAMABAD: In a significant development, the Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to halt...

ISLAMABAD: The Pakistan Business Council has called on the Federal Board of Revenue to immediately withdraw what it termed “illegal”...

ISLAMABAD: Income tax recoveries through audit proceedings jumped by 110% in fiscal year 2024-25, signaling stronger enforcement and improved audit...

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, concluded final day of IMF-WB Spring Meetings in Washington. He...

WASHINGTON: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a productive meeting with Ms. Zou Jiayi, President of...

ISLAMABAD: The impact of declining global petroleum prices has begun to reflect in Pakistan, as the government has reduced the...

ISLAMABAD: Pakistan is facing renewed scrutiny over its reliance on global payment networks, with policymakers highlighting that Visa and Mastercard...

ISLAMABAD: Federal Board of Revenue (FBR) said on Saturday that withholding income tax collection from petroleum products rose by 163%...

ISLAMABAD: The Federal Constitutional Court (FCC) was informed on Wednesday that the levy of tax on deemed income under Section...