Slider News

07/05/2025

ISLAMABAD: The Senate Standing Committee on Commerce has urged the Ministry of Commerce (MoC) to address the lingering issues and...

Tax Law (Amendment) Ordinance aims to address urgent legal, administrative gaps

06/05/2025

ISLAMABAD: Tax Laws (Amendment) Ordinance, 2025, which was promulgated by the President of Pakistan on May 2, 2025, is aimed...

Finance Minister Aurangzeb leaves on UK visit

06/05/2025

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb left for London on Tuesday to engage with British officials,...

Lahore Appraisement East posts 35pc revenue surge

LAHORE: Under the dynamic leadership of Collector Mehreen Nasim and Additional Collector Pirzada Omer Qasmi, Collectorate of Customs Appraisement (East),...

PM directs accelerated action against tax evasion, under-invoicing

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday directed authorities concerned to accelerate actions against tax evasion, under-invoicing, and other...

Rising tensions with India to take its toll on Pakistan’s economy: Moody’s

ISLAMABAD: In a policy note on Monday, Global rating agency Moody’s cautioned that growing tensions between India and Pakistan would...

FTO orders Customs to return gold held Illegally for 27 years

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed Pakistan Customs to return 170 tolas of gold unlawfully held for over...

PCC positions Pakistan as rising force in global crypto diplomacy in just 50 days

ISLAMABAD: The Pakistan Crypto Council (PCC), in just 50 days since its launch on March 14, 2025, has achieved what...

IMF declines India’s request to revisit Pakistan’s loan, board to meet on May 9

ISLAMABAD: The International Monetary Fund (IMF) has not accepted India’s reported request to revisit Pakistan’s ongoing loan arrangements, reaffirming its...

Pakistan loses Rs3.4 trillion annually to illicit trade, smuggling & counterfeit goods

LAHORE: Pakistan loses an estimated Rs3.4 trillion annually in tax revenue due to illicit trade, with smuggling and counterfeit goods...

Weekly foreign exchange reserves decline by $184m: SBP

KARACHI: Pakistan’s total foreign exchange reserves witnessed a decline of $184 million during the week ending April 25, 2025, according...

Finance minister briefs S&P on reform progress and economic stability outlook

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, along with his team held a Zoom meeting with representatives...

SAARC Chamber delegation calls on Commerce minister, seeks support for upcoming regional trade event

ISLAMABAD: A delegation from the SAARC Chamber of Commerce and Industry, led by Hina Mansab Khan, Chairperson of the SAARC...

Karachi Enforcement foils bid to smuggle 14,000 donkey skins to China

KARACHI: Collectorate of Customs anti-smuggling squad have foiled an attempt to smuggle over 14,000 donkey skins to China, raising serious...

AI system launched in Pakistan to streamline cross-border trade

ISLAMABAD: A technology company from Pakistan has introduced AI Faceless Operations — a fully automated, 24/7 system designed to digitize...

IMF’s Outlook 2025 predicts 2.6 to 3.6pc growth in Pakistan

ISLAMABAD: International Monitory Fund (IMF) has issued the Regional Economic Outlook 2025 for Pakistan, predicting its growth rate 2.6 percent...

Finance Minister underscore’s macroeconomic stability, private sector’s role in engagement with OICCI

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Friday underscored the importance of macroeconomic stability and enhancing...

PTAF seeks FBR’s chairman intervention over inefficiency of customs field formations