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MULTAN: A tax tribunal has upheld the tax authority’s right to correct erroneous assessment orders even if the taxpayer’s...

Historic development: First direct cargo ship arrives in Bangladesh from Pakistan

CHITTAGONG: A direct cargo ship from Pakistan, docked at the port of Chittagong, Bangladesh, marking the establishment of the first-ever...

FPCCI for extending PM’s winter package to SME sector

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) appreciating the announcement of winter package for industries, on...

Azakhel Dry Port KPK losses billions due to abolition of superintendent examination

AZAKHEL: Due to abolition of superintendent at Azakhel Dry Port KPK, clearing agents and examiners have lost billions of rupees...

Provinces to brief IMF team on delayed law for 45pc agri tax

ISLAMABAD: The visiting International Monetary Fund (IMF) mission is set to meet with representatives from the provincial governments to discuss...

‘PIA likely to be sold to a foreign govt via SIFC’

ISLAMABAD: Pakistan International Airlines (PIA) is likely to be sold to a foreign government as the Privatisation Commission has rejected...

Pakistan, Finland seek stronger trade ties, explore new sectors

ISLAMABAD: Pakistan and Finland are moving toward a new chapter in economic relations following a productive meeting between Pakistan’s Federal...

FBR rules out mini-budget and GST on petroleum products in IMF talks

ISLAMABAD: Federal Board of Revenue (FBR) has assured that no mini-budget will be introduced while affirming the government’s commitment to...

SBP approves TPL Corp, Abhi’s acquisition of FINCA Microfinance Bank

KARACHI: The State Bank of Pakistan (SBP) has given its final approval to TPL Corp Limited (TPL), a Pakistani financial...

FTO directs FBR to address discriminatory sales tax registration system

MULTAN: The Federal Tax Ombudsman (FTO), Dr. Asif Mahmood Jah, has directed the Federal Board of Revenue (FBR) to revisit...

Customs dept under fire for issuing time-barred notices

LAHORE: The customs department is facing intense criticism for issuing time-barred notices, creating unnecessary hurdles for importers and fuelling concerns...

Foreign investors express interest in investing in Pakistan

LAHORE: A delegation of foreign investors and CEOs from the UK and China has expressed interest in investing in Pakistan’s...

PM vows to strengthen Pakistan-Denmark economic ties

BAKU: Prime Minister Muhammad Shehbaz Sharif has stressed the need to expand economic ties with Denmark through collaborative partnerships. He...

Japan approves grant for flood management project in Pakistan

ISLAMABAD: The Government of Japan has approved a grant amounting to 18.5 million dollars for flood management project in Pakistan....

Petrol, diesel prices in Pakistan may go up from Nov 16

ISLAMABAD: Petrol and diesel prices in Pakistan are expected to rise significantly from November 16 following the International Monetary Fund...

FBR launches new integrated system for streamlined tax payments

ISLAMABAD: Federal Board of Revenue (FBR) has introduced an innovative, integrated system enabling streamlined payment of all major taxes, including...

Govt moves forward with PIA privatization, targeting sale to Qatar or Abu Dhabi