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CAIRO: Pakistan and Bangladesh have agreed to expand and deepen bilateral cooperation in all areas of mutual interest in a...

FBR partners with banks to tackle tax evasion with account insights

ISLAMABAD: Pakistani authorities are intensifying efforts to combat tax evasion by introducing stricter measures to ensure compliance. As part of...

FTO stresses taxpayer rights, transparency in tax matters

MULTAN: Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah reaffirmed the protection of taxpayers’ rights under federal tax laws, including...

SCCI chairman stresses practical steps for economic growth

SARGODHA: Chairman Sargodha Chamber of Commerce and Industry (SCCI) Shamim Aftab Thursday called upon the government to support economic growth...

ECC reviews summary for subsidy on urea import

ISLAMABAD: The Economic Coordination Committee (ECC) reviewed a summary submitted by the Ministry of Commerce regarding the sharing of subsidy...

Telenor signs Pakistan’s First-Ever tripartite MoU for smart metering

ISLAMABAD: Telenor Pakistan has signed Pakistan’s first-ever tripartite Memorandum of Understanding (MoU) to implement smart metering at its Base Transceiver...

Foreign investors ramp up profit repatriation in Pakistan

KARACHI: In a notable development, foreign investors have significantly increased their profit repatriation, reflecting recent economic improvements in Pakistan. According...

Pakistan’s default risk drops 93pc as CDS spreads hit lowest level in years

ISLAMABAD: Pakistan’s sovereign default risk has significantly reduced by 93%, with 5-year CDS spreads dropping to 505 basis points in...

RTO Multan seals M/s 786 Family Mart & Bakers for POS violation

MULTAN, DECEMBER 18: In a decisive move to enforce tax regulations, the Regional Tax Office (RTO) Multan has sealed a...

FBR starts crackdown against importers involved in tax evasion, mis-declaration

MULLTAN: Federal Board of Revenue sales tax department has intensified its crackdown on tax evasion, rejecting the defense of an...

Only 200,000 out of 67 million salaried individuals paying correct taxes: FBR chairman

LAHORE: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has said that only 200,000 salaried individuals out of 67...

Delay in establishing Customs Collectorate Indus causes operational setbacks

MULTAN: Despite clear instructions from the Federal Board of Revenue (FBR), the much-anticipated Customs Collectorate Indus has yet to be...

Multan Enforcement enhances surveillance on Railway cargo to curb smuggling

MULTAN: In a bid to curb rising smuggling activities, the Multan Customs Collectorate Enforcement Multan, under the direction of Collector...

Smuggling of 39,000 liters of Iranian diesel foiled