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$2.5bn losses suffered due to closure of Pak-Afghan borders
PESHAWAR: President of the Khyber Chamber of Commerce and Industry (KCCI), Yousaf Afridi, has said that the closure of the...
Pakistan’s trade deficit soars by 18.11% to $7.11 billion
ISLAMABAD: Pakistan’s trade deficit has soared by 18.11% during the first two months of the current fiscal year, rising from...
Afghanistan border closure pushes Pakistan’s poultry industry into deepening crisis
PESHAWAR: Pakistan’s poultry sector is facing a prolonged supply glut and mounting financial losses as exports to Afghanistan have remained...
PHC stops 3pc tax collection from steel industry
PESHAWAR: The Peshawar High Court (PHC) has stopped authorities from recovering a disputed 3% additional tax from a steel industry...
WB, KP govt review ongoing collaboration, future partnership
PESHAWAR: Advisor to Chief Minister Khyber Pakhtunkhwa for Finance, Muzzammil Aslam, and Chief Secretary Khyber Pakhtunkhwa, Shahab Ali Shah jointly...
Afghan border closure drags Pakistan-Central Asia trade down 51pc to $219m in FY26
PESHAWAR: Pakistan’s bilateral trade with five Central Asian countries plunged 50.62% year-on-year to $219.125 million in FY26, as the closure...
Pakistan expects US response on $10bn facility ‘soon’: Khurram
ISLAMABAD: Pakistan is expecting a response from Washington within a couple of months on its request for a $10 billion...
Small traders attend online awareness session on simplified tax scheme
MULTAN: Small traders and tax lawyers from across south Punjab attended an online awareness session organized by Federal Board of...
Pakistan earns over Rs1.83bn from hunting in 2 years
ISLAMABAD: Pakistan generated more than Rs1.83 billion from Markhor and Ibex trophy hunting between 2023 and 2025, according to details...
KP approves Digital Payment Act to promote cashless economy
PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...
Balochistan govt employees to face Rs500 tax deduction
QUETTA: The Balochistan government has decided to deduct Rs500 annually from the salaries of its employees as profession and employment...
Transport fares cut by 10pc after petroleum price reduction
LAHORE: Transport fares have been reduced by 10 percent following a decrease in petroleum product prices, providing relief to commuters...
FBR, ICAP jointly organise seminar on filing tax return for TY 2026
PESHAWAR: The Federal Board of Revenue (FBR) and the Institute of Chartered Accountants of Pakistan (ICAP), Peshawar Office, jointly organised...
PPL announces gas and condensate discovery in Sindh’s Sujawal
ISLAMABAD: The state-owned Pakistan Petroleum Limited (PPL) announced a “pioneering” gas and condensate discovery from its operated exploratory well, Dolphin...
Pakistan opens humanitarian lifeline, allows 724 relief trucks into Afghanistan
ISLAMABAD: Pakistan has allowed 724 truckloads of humanitarian relief cargo to cross into Afghanistan through the Torkham border crossing in...
Pakistan, Iran agree to keep border crossings open round the clock to boost trade
ISLAMABBAD: Pakistan and Iran on Wednesday agreed to further expand trade ties by keeping border crossings open round the clock,...
KP cabinet approves sales tax relief for Malakand, tribal areas, clears Rs5b youth programme boost
PESHAWAR: The Khyber Pakhtunkhwa cabinet has approved two draft notifications granting sales tax relief to local service providers and industrial...
World Bank’s Rs115b Balochistan flood project restructured
QUETTA: The government has restructured a Rs. 115 billion World Bank-funded flood rehabilitation project in Balochistan amid allegations of mismanagement...
Pakistan begins preparing FATF 2027 performance report
ISLAMABAD: Preparations for Pakistan’s 2027 Financial Action Task Force (FATF) report have begun, with the Karachi Desk starting to compile...
Peshawar High Court upholds abolition of free electricity units for DISCO employees
PESHAWAR: The Peshawar High Court (PHC) upheld the federal government's decision to abolish the longstanding facility of free electricity units...
