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KARACHI: Automobile financing in Pakistan has reached a new all-time high, extending its growth streak for the 18th consecutive month...

Lawmakers reject FBR proposal to access bank account data

ISLAMABAS: A parliamentary committee rejected a government proposal allowing the tax authority direct access to taxpayer bank account data within...

FBR proposes sales tax on 21 additional retail product categories

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed expanding the sales tax net to cover 21 additional categories of...

Govt presented growth-oriented federal budget: Khurram

ISLAMABAD: Adviser to Federal Minister for Finance Khurram Schehzad has said that due to economic stability, the government has presented...

Peshawar Enforcement raises Rs2.9b from confiscated gold, silver & foreign currency in FY2025-26

PESHAWAR: Collectorate of Customs Enforcement realised Rs2.902 billion during the financial year 2025-26 through the disposal of confiscated gold, silver...

Petrol price cut by Rs74, diesel by Rs67 as PM announces relief package

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday announced a major reduction in petroleum prices, saying the benefits of improved...

Pakistan, Iran eye $10b trade thru greater economic engagement

ISLAMABAD: Pakistan and Iran have renewed their commitment to strengthening economic ties and increasing bilateral trade to $10 billion through...

SBP reserves rise slightly, Pakistan’s total forex holdings reach $22.742b

KARACHI: Pakistan’s foreign exchange reserves remained broadly stable during the week ended June 12, 2026, with the State Bank of...

Punjab makes online property tax payments mandatory in Budget

LAHORE: The Punjab government has introduced a major digital reform by making online payment of property tax mandatory across the...

FBR offices to remain open on June 27-28

ISLAMABAD, Jun 19 (APP):The Federal Board of Revenue (FBR) has announced that all its field formations will observe normal working...

Cabinet Committee on SOEs approves key board appointments, reviews governance matters

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs), chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, on...

Pakistan restores trade visa facility at Taftan border after nearly a year, boosting Iran ties

QUETTA: Pakistan has restored trade visa facilities at the Taftan border after nearly a year, marking a significant development for...

Minister Muqam, FinMin Aurangzeb discuss taxation issues in KP

ISLAMABAD: Federal Minister for Kashmir Affairs, Gilgit-Baltistan and SAFRON, Engineer Amir Muqam, here on Thursday, held a detailed meeting with...

World Bank mission reviews Sukkur Barrage project

SUKKUR: A World Bank Implementation Support Mission on Wednesday visited the Sukkur Barrage Rehabilitation Project to assess on-ground progress and...

Punjab slashes annual development Budget by 40pc

LAHORE: The Punjab government has announced a significantly smaller Annual Development Program (ADP) for fiscal year 2026-27, allocating Rs. 752...

BMP questions budget’s ambitious tax target, fears more reliance on levies

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Businessmen Panel (BMP) has questioned the government’s ambitious budget...

Balochistan presents Rs1.089tr surplus budget for FY2026-27

QUETTA: The Balochistan government on Wednesday presented a Rs1.089 trillion surplus budget for the fiscal year 2026-27, outlining major allocations...

FBR reveals 9,000 Pakistanis hold Rs750b in bank deposits but pay no income tax