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Cabinet committee reviews fuel stocks, global supply chain
ISLAMABAD: The Committee to Monitor Petrol Prices in the Wake of the Emerging Situation in the Region, constituted by the...
SBP imposes Rs102m fine on Allied Bank over compliance violations
KARACHI: The State Bank of Pakistan (SBP) has imposed a penalty of around Rs102 million on Allied Bank Limited for...
Ship with ME transshipment cargo berths at Karachi
KARACHI: The Karachi Port Trust (KPT) continues to play a proactive role in mitigating the impact of the evolving regional...
Bank Alfalah discloses Rs2.84b tax contingencies in 2025
LAHORE: Bank Alfalah Limited has reported tax contingencies amounting to Rs2.84 billion for the year ended December 31, 2025, according...
After Centre’s massive fuel price hike, KP govt announces Rs2,200 subsidy for motorcyclists
PESHAWAR: Khyber Pakhtunkhwa Chief Minister Sohail Afridi announced a petrol subsidy package for up to 1.6 million motorcycle users in...
Pakistan seeks $5b Saudi deposit for 10 years, requests expanded oil facility
ISLAMABAD: Pakistan has approached Saudi Arabia with multiple requests for long-term economic cooperation, including a proposal to convert the existing...
SECP launches digital UBO Registry to strengthen corporate transparency
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched a digital Ultimate Beneficial Ownership (UBO) Registry to strengthen...
SBP decides to keep key policy rate unchanged at 10.5pc
KARACHI: The State Bank of Pakistan (SBP) has decided to keep the key policy rate unchanged at 10.5 per cent....
Supreme Court declares FIR illegal sans determination of tax liability
ISLAMABAD: The Supreme Court of Pakistan has ruled that registering a First Information Report (FIR) or initiating criminal proceedings in...
Pakistan invites Swedish firms to expand mining beyond Reko Diq
ISLAMABAD: Pakistan is encouraging Swedish companies to expand their role in the country’s mining sector beyond the flagship Reko Diq...
FTO directs FBR to share sales tax data with taxpayers
ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to provide taxpayers with copies of...
Govt plans income tax relief for salaried individuals
ISLAMABAD: The government is considering major income tax relief for salaried individuals, including the abolition of the super tax and...
lamic banking assets reach Rs14.47 trillion, sector share rises to 23%
KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...
Salaried class pays 352pc more tax than exporters, retailers, wholesalers
ISLAMABAD: Pakistan’s salaried class is paying significantly more taxes than several major business sectors combined, according to a new study...
FBR notifies new SOPs for arrests in sales tax evasion cases
ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a new Standard Operating Procedure (SOP) outlining the process for inquiries,...
Transshipment commences from Karachi Port
KARACHI: The Chairman of Karachi Port Trust, Rear Admiral Shahid Ahmed SI (M) S.Bt (Retd) has reaffirmed the Port’s commitment...
FPCCI, UBG to reduce construction sector’s taxes to 4pc
LAHORE: Federation of Pakistan Chambers of Commerce and industry (FPCCI) and United Business Group (UBG) demanded of the government to...
Ample oil reserves available for local consumption: Aurangzeb
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said Pakistan currently had ample oil reserves and there...
SECP engagement leads to mandatory motor third-party insurance in Sindh
ISLAMABAD: The Government of Sindh has formally introduced amendments in the Motor Vehicles (Amendment) Act, 2026, making third-party liability insurance...
LNG shortage looms for Pakistan after Qatar halts deliveries
KARACHI: Pakistan has been informed by Qatar Gas that liquefied natural gas (LNG) shipments to the country will remain suspended...
