Latest News

LAHORE:Pakistan reached a much-awaited trade agreement with the United States on Thursday ahead of the US President Donald Trump's August...

FBR imposes Rs111b fine on solar import firms involved in ‘money laundering’

KARACHI:The Federal Board of Revenue (FBR) has imposed a record Rs111 billion penalty on several solar import companies involved in...

Coordinator to PM on Commerce inaugurates 2nd RCCI Med-Health Expo, Summit 2025

ISLAMABAD:Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce, attended the 2nd RCCI Med-Health Expo and Summit 2025...

Pakistan, US successfully conclude landmark trade deal

ISLAMABAD:In a landmark development, Pakistan and the United States finalized a trade agreement aimed at boosting bilateral trade, expanding market...

Vietnam, Pak soon to finalize bilateral PTA for trade liberalization: Ambassador Tuan

ISLAMABAD: Ambassador of Vietnam to Pakistan, Pham Anh Tuan, on Thursday said that Vietnam and Pakistan have agreed to consider...

FBR starts action against taxpayers over integration failure

ISLAMABAD: The Federal Board of Revenue (FBR) has begun penal proceedings against taxpayers who failed to meet the mandatory integration...

Pakistan advances into the era of digital economy

ISLAMABAD: Pakistan took a significant step forward in its digital transformation journey on Wednesday, as leaders from government, finance, and...

High-Level meeting on insulin imports and JV with Russia held

ISLAMABAD:Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan on Wednesday said that the establishment...

Pakistan’s exports to Afghanistan increase by 38.68Ppc to $773.892m in FY 2024-25

ISLAMABAD:Pakistan’s export of goods and services to Afghanistan saw a rise of 38.68% during the fiscal year 2024-25, reaching a...

CCP enforcement gains pace, 223 cases resolved, Rs 360m recovered

LAHORE:The Competition Commission of Pakistan (CCP) has made significant progress in reducing its legal backlog and recovering penalties, marking a...

Petrol prices likely to drop by Rs9 in Pakistan

ISLAMABAD:Petrol prices are likely to see a whooping decrease in upcoming fortnightly review for August 2025. Sources said the federal...

SBP keeps policy rate unchanged at 11pc

KARACHI: The State Bank of Pakistan (SBP) has decided to maintain the policy rate at 11 percent, disappointing investors and...

PM reaffirms Pakistan’s strong partnership with World Economic Forum

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday reaffirmed Pakistan’s strong and longstanding partnership with the World Economic Forum and appreciated...

FBR proposes major amendments to customs rules, eyes streamlined trade

ISLAMABAD:The Federal Board of Revenue (FBR) has published a draft notification, S.R.O. 1359(I)/2025, proposing significant further amendments to the Customs...

FBR’s policy shift: Late-filers now achieve active status in hours

ISLAMAAD:In a surprising and unannounced development, the Federal Board of Revenue (FBR) has quietly modified its system, now allowing non-filers...

FBR notifies option to pay duties after assessment for early GDs

ISLAMABAD:The Federal Board of Revenue (FBR) has issued a new statutory regulatory order, SRO 1360(I)/2025, introducing a key procedural change...

IMF forecasts 3.6pc GDP growth for Pakistan in FY26

KARACHI: The International Monetary Fund (IMF) has forecast Pakistan’s economic growth at 3.6% for the ongoing fiscal year 2025–26, falling...

Reform with Resolve: Pakistan updates diplomats on economic and sectoral progress