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Petrol price cut by Rs74, diesel by Rs67 as PM announces relief package
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday announced a major reduction in petroleum prices, saying the benefits of improved...
Pakistan, Iran eye $10b trade thru greater economic engagement
ISLAMABAD: Pakistan and Iran have renewed their commitment to strengthening economic ties and increasing bilateral trade to $10 billion through...
SBP reserves rise slightly, Pakistan’s total forex holdings reach $22.742b
KARACHI: Pakistan’s foreign exchange reserves remained broadly stable during the week ended June 12, 2026, with the State Bank of...
Punjab makes online property tax payments mandatory in Budget
LAHORE: The Punjab government has introduced a major digital reform by making online payment of property tax mandatory across the...
FBR offices to remain open on June 27-28
ISLAMABAD, Jun 19 (APP):The Federal Board of Revenue (FBR) has announced that all its field formations will observe normal working...
Cabinet Committee on SOEs approves key board appointments, reviews governance matters
ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs), chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, on...
Pakistan restores trade visa facility at Taftan border after nearly a year, boosting Iran ties
QUETTA: Pakistan has restored trade visa facilities at the Taftan border after nearly a year, marking a significant development for...
Minister Muqam, FinMin Aurangzeb discuss taxation issues in KP
ISLAMABAD: Federal Minister for Kashmir Affairs, Gilgit-Baltistan and SAFRON, Engineer Amir Muqam, here on Thursday, held a detailed meeting with...
World Bank mission reviews Sukkur Barrage project
SUKKUR: A World Bank Implementation Support Mission on Wednesday visited the Sukkur Barrage Rehabilitation Project to assess on-ground progress and...
Punjab slashes annual development Budget by 40pc
LAHORE: The Punjab government has announced a significantly smaller Annual Development Program (ADP) for fiscal year 2026-27, allocating Rs. 752...
BMP questions budget’s ambitious tax target, fears more reliance on levies
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Businessmen Panel (BMP) has questioned the government’s ambitious budget...
Balochistan presents Rs1.089tr surplus budget for FY2026-27
QUETTA: The Balochistan government on Wednesday presented a Rs1.089 trillion surplus budget for the fiscal year 2026-27, outlining major allocations...
FBR reveals 9,000 Pakistanis hold Rs750b in bank deposits but pay no income tax
ISLAMABAD: Chairman of the Federal Board of Revenue (FBR), Rashid Mahmood Langrial, has disclosed that around 9,000 individuals in Pakistan...
Karachi Port freezes proposed 5pc tariff increase for FY2026-27
KARACHI: Karachi Port has frozen a proposed 5% tariff increase for the fiscal year 2026-27, a move aimed at reducing...
Aurangzeb lauds BYD’s growing footprint in Pakistan
ISLAMABAD: Minister for Finance Senator Muhammad Aurangzeb has appreciated Chinese multinational manufacturing company BYD's growing footprint in Pakistan. He was...
Pakistan, Canada hold investment treaty talks to boost economic cooperation
OTTAWA: A high-level Pakistani delegation led by Additional Secretary of the Board of Investment (BoI) Zulfiqar Ali is currently in...
Pakistan’s external borrowing surges by $5.21b in 11 months
ISLAMABAD: Pakistan’s external borrowing has increased by 5.21 billion dollars compared to the previous year, according to official documents. The...
Pakistan brokers Iran-US ceasefire as energy prices set for immediate relief
ISLAMABAD: Federal Minister for Petroleum Ali Parvaiz Malik stated that diplomatic efforts led by the Prime Minister, Field Marshal, Foreign...
ADB approves $700m loan for Pakistan to strengthen insurance sector
ISLAMABAD: The Asian Development Bank (ADB) has approved a $700 million loan for Pakistan aimed at improving and expanding the...
New, simple electricity bill format launched
ISLAMABAD: The Power Division has introduced a new and simplified electricity bill format across the country to improve consumer convenience,...
