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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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FBR earns Rs87b income tax from bank depositors

27/05/2024

ISLAMABAD: The Federal Board of Revenue (FBR) has earned Rs87 billion in income tax from bank depositors during the first...

DG Valuation revises customs values on import of milk products

27/05/2024

KARACHI: Directorate General of Customs Valuation Karachi has revised customs values on the import of “Skimmed Milk Powder and Instant...

Sajada Nasheen Ajmair Sharif Pir Syed Sarwar Chisthi visits ICCI

ISLAMABAD: Islam is a religion of peace and religious scholars are promoting inter-faith harmony, tolerance a nd brotherhood in the...

PM Shehbaz invites Chinese firm to invest in mining sector

ISLAMABAD: Prime Minister Shehbaz Sharif has invited Chinese firm MCC Tongsin Resources to make investment in the mining sector of...

Punjab govt asked to hike agriculture income tax by up to Rs2,000 per acre

LAHORE: The Board of Revenue Punjab has submitted recommendations to the provincial government of Chief Minister Maryam Nawaz Sharif suggesting...

FTO directs PCA South to withdraw illegal audit notices to importers

KARACHI: Federal Tax Ombudsman (FTO) has directed the Directorate of Post-Clearance Audit (PCA) Karachi to withdraw illegal audit notices issued...

Petrol price in Pakistan set to see another big drop from May 31

ISLAMABAD: For the third time in a row, the federal government is anticipated to lower petrol prices in Pakistan in...

SBP injects over Rs241b into market

KARACHI: State Bank of Pakistan injected Rs241.350 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah based...

Pakistan's Prime Minister Shehbaz Sharif, addresses the 23rd Shanghai Cooperation Organization (SCO) Summit, hosted virtually by India, in Islamabad, Pakistan July 4, 2023. Press Information Department (PID)/Handout via REUTERS

PM Shehbaz ‘rejects’ FBR’s tax proposals for Budget 2024

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday rejected two major tax proposals of the Federal Board of Revenue (FBR) for...

SHC suspends order of CAT in smuggled laptop case

KARACHI: A customs appellate bench of the Sindh High Court (SHC) suspended the order of the Customs Appellate Tribunal in...

Islamabad: May 24, 2024: In a significant step towards enhancing economic relations, the Republic of Koreas Ambassador to Pakistan, H.E. Park Kijun, calls on the Pakistans Federal Minister for Commerce, Jam Kamal Khan, to discuss and strategize on boosting bilateral trade and investment.

Jam Kamal invites Korean companies to invest in Pakistan

ISLAMABAD: The Republic of Korea’s Ambassador to Pakistan, Park Kijun called on Federal Minister for Commerce, Jam Kamal Khan and...

Over 17,000 traders register under FBR’s Tajir Dost Scheme

ISLAMABAD: Federal Board of Revenue (FBR) informed that a total of 17,384 traders have been registered under the Tajir Dost...

Multan Customs providing all possible facilitates to students returning from Bishkek

MULTAN: Multan International Airport witnessed the smooth return of 170 Pakistani students from Bishkek, Kyrgyzstan, facilitated by Aero Nomad Airline...

Recovery of Rs48.932m: Multan Enforcement serves notice to M/s Alahdin Steel & Re-rolling Daska

MULTAN: Collectorate of Customs Enforcement has issued a recovery notice to M/s Alahdin Steel & Re-rolling S.I.E. Daska, for an...

Chairman FBR inaugurates new building of RTO Islamabad

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Malik Amjed Zubair Tiwana on Thursday inaugurated the new building of Regional Tax...

Pakistan’s total liquid foreign reserves $14.585b

KARACHI: The total liquid foreign reserves of Pakistan were recorded as $14,585.4 million as those held by the State Bank...

UAE president commits to invest $10b in Pakistan

ABU DHABI: President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan has expressed the commitment to invest...

Govt urged to ban Rs5,000 note to cut cash transactions

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has suggested to the government that it should stop using...

Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb presiding over a meeting of Economic Coordination Committee (ECC) in Islamabad on 23rd May, 2024.

ECC approves $8m for Roosevelt Hotel

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved $8 million to pay severance packages and operational expenses of...

Federal Minister for Finance & Revenue, Muhammad Aurangzeb in a meeting with the Representatives from Toyota Motor Corporation (TMC) and Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) in Islamabad on 23rd May, 2024.

Aurangzeb reiterates govt’s commitment to support auto industry