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KP petrol scheme pays Rs100 instead of Rs2,200

Sindh joins Punjab in easing market closure timings ahead of Eidul Azha

LHC rules super tax cannot apply to zero-tax inherited property gains

ADB, AIIB support 1st Panda Bond issuance for green projects in Pakistan

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News updates Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

FBR Chairman Amjad Tiwana’s tenure cut short amid controversy

LAHORE: Federal Board of Revenue (FBR) Chairman Amjad Zubair Tiwana will continue in his role for only 15 more days...

Stock market shoots the lights out as KSE-100 index reaches 78,397 points

KARACHI: The Pakistan Stock Exchange on Friday witnessed bullish trend after a dismal performance on Aug 1. The upward mobility...

Pakistan’s total liquid foreign reserves increase to $14.39b

KARACHI: The total liquid foreign reserves of Pakistan increased to $14,391.7 million as of July 26, 2024 while the reserves...

Urdu Bazaar traders association decries excessive taxes on education sector

LAHORE: Urdu Bazaar Traders Association Chairman, Sajid Yousuf, has expressed concerns over the excessive taxes imposed on the education sector...

Finance Minister lauds Chinese investment in power sector

ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb and Power Minister Sardar Awais Ahmad Khan Leghari jointly held a meeting with the...

ICCI President slams IPPs as threat to national sustainability

ISLAMABAD: Ahsan Zafar Bakhtawari, President Islamabad Chamber of Commerce and Industry has termed the IPPs as detrimental for the country’s...

Pharmaceutical goods’ export increases by 3.90pc to $341.023m in FY2023-24

KARACHI: The export of pharmaceutical goods from the country has witnessed an increase of 3.90 percent during the fiscal year...

Pakistan receives five bids from Chinese firms to launch Panda bonds: Bloomberg

KARACHI: Pakistan has received five bids from Chinese firms to help it raise funds via Panda bonds as the nation...

Pakistan’s exports to China increase by 33.67pc in FY 2023-24: SBP

KARACHI: Pakistan’s export of goods and services to China witnessed an increase of 33.67 percent during the twelve months of...

Acquisition of German conglomerate, CCP’s approval for market integration

LAHORE: The Competition Commission of Pakistan (CCP) has approved a significant merger in the steel industry with international implications. The...

FBR collects Rs659.2b in 1st month of FY 2024-25

ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs659.2 billion in first month (July) of the current financial year 2024-25...

Reforms must to make EFF last IMF programme: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Thursday reiterated the need for structural reforms to...

Govt slashes petroleum prices by up to Rs10.86 per litre

ISLAMABAD: The federal government announced a significant decrease in petroleum prices for the first fortnight of August 2024. The prices...

SBP sells Pakistan Investment Bonds worth Rs140.69b

byQaisar Mansoor

KARACHI: The State Bank of Pakistan (SBP) sold Pakistan Investment Bonds (PIBs) worth Rs140.69 billion. The auction targeted raising Rs125...

UAE Ambassador, Commerce minister discuss bilateral trade, investment

ISLAMABAD: In a bid to enhance bilateral trade and investment opportunities between the United Arab Emirates (UAE) and Pakistan, the...

Sargodha Enforcement seizes smuggled goods worth Rs49.4m from Toba Tek Singh

SARGODHA: Collectorate of Customs Enforcement Sargodha has seized huge quantity of smuggled goods worth Rs49.4 million from a warehouse in...

Gain tax not to apply on properties purchased before July 1, 2024

LAHORE: The Federal Board of Revenue (FBR) has announced that the concept of holding period has been eliminated for immovable...

LPG prices surge as OGRA issues new notification

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced an increase in the price of Liquefied Petroleum Gas (LPG)...

Federal Minister for Finance & Revenue Mr. Muhammad Aurangzeb held a meeting with the members of Karachi Chamber of Commerce and Industry (KCCI) in Karachi on 30th July 2024.

Govt striving to strengthen national economy on sustainable basis: Finance Minister

KARACHI: The federal government is striving to strengthen the national economy on a sustainable basis with focus on promotion and...

Pakistan’s economy stabilized after IMF deal: S&P