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ISLAMABAD: The Central Directorate of National Savings (CDNS) has accomplished a target of Rs205 billion in fresh bonds and achieved...

SBP injects Rs1,012.3b into market through OMO

KARACHI: State Bank of Pakistan (SBP), injected Rs1,012.3 billion in the market through reverse repo purchase Open Market Operation (OMO)....

Govt fixes new ‘Diyat’ amount for 2024-25

ISLAMABAD: The Ministry of Finance has set the new ‘Diyat’ amount for the fiscal year 2024-25 at Rs8,103,955. The new...

LCCI President Mian Abuzar Shad prioritizes expertise for standing committee chairmen’s slots

LAHORE: The President of Lahore Chamber of Commerce and Industry (LCCI), Mian Abuzar Shad, has announced a significant shift in...

ICCI president vows to address business community’s challenges

ISLAMABAD : Nasir Mansoor Qureshi, President Islamabad Chamber of Commerce and Industry (ICCI), has reaffirmed the organization’s dedication to tackling...

Multan Customs Enforcement seizes smuggled goods worth Rs1.49b in FY 2023-24

MULTAN: Collectorate of Customs Enforcement Multan has continued its aggressive crackdown on smuggling across South Punjab, including Multan, as part...

FBR delegates powers of customs officials to FC Balochistan

ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the officers of Frontier Corps Balochistan (North/South) to exercise powers and...

FBR’s delay in sales tax enforcement in steel industry costs govt Rs8b monthly

LAHORE: The government is losing approximately Rs8 billion in taxes every month due to the Federal Board of Revenue’s (FBR)...

Pakistan’s total liquid foreign reserves surge to $15.98b

KARACHI: The total liquid foreign reserves of Pakistan reached at 27-month high level of US$ 15,982.9 million, mainly backed by...

Country Director WB meets Chairman FBR, discusses transformation plan

ISLAMABAD: World Bank (WB) Country Director Najy Benhassine met Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial and discussed...

Electricity theft: Pakistan recovers over Rs119b from defaulters

ISLAMABAD: The Power Division has recovered over Rs119 billion during a countrywide electricity theft crackdown. The crackdown launched by the...

Pakistan eyes $4b exports to Russia in next five years

ISLAMABAD: Pakistan aims to increase its exports to Russia to $4 billion in the next five years, Privatisation Minister Abdul...

Pakistan, Malaysia business communities sign 4 MoUs to boost trade relations

ISLAMABAD: The business communities of Pakistan and Malaysia signed four Memorandum of Understandings (MoUs) with an aim to promote trade...

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ISLAMABAD: October 03-Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired the meeting of the Economic Coordination Committee (ECC) at the Finance Division in Federal Capital. APP/ABB/SSH

ECC approves increase in ARV retail price, ANF allowances

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved many proposals including a summary proposing increase in retail price...

FBR restricts staff for providing tax-related consultancy services within office premises

LAHORE: The Federal Board of Revenue (FBR) has barred its staff from providing tax-related consultancy services within the office premises....

KICT challenges Rs5m fine imposed by Collector Appraisement West

KARACHI: Karachi International Container Terminal (KICT) has challenged Rs5 million penalty imposed by Collectorate of Customs Appraisement West Collector Irfan...

Pakistan Economy Dashboard’ provides easy access to Socio-Economic data: Ali Perviaz

ISLAMABAD: Minister of State for Finance and Revenue, Ali Pervaiz Malik said that ‘Pakistan Economy Dashboard’ is huge initiative in...

Envoys of Tajikistan, Maldives visit ICCI to congratulate new leadership

ISLAMABAD: Ambassador of Tajikistan, Yusuf Sharifzoda, and the High Commissioner of Maldives, Mohamed Thoha visited the Islamabad Chamber of Commerce...

Digital retail payments rise to 84pc in FY24, Governor SBP