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KARACHI: The Governor State Bank of Pakistan (SBP) Jameel Ahmed emphasized the need to substantially increase credit allocation to projects...

Digitization a requisite for driving economic growth: Finance Minister

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb described digitization of economy as a key requisite for driving...

Lahore ASO seizes smuggled goods worth Rs1.03b in FY 2024-25 operations

LAHORE: The Anti-Smuggling Organization (ASO) squads conducted multiple intelligence-based operations (IBOs) during the financial year2024-25. These operations involved raids on...

Improving taxes must to sustain long-term growth: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb highlighted the importance of taxes to sustain long-term growth. “Philanthropy...

Muhammad Farrukh Sharif assumes charge of Collector Customs Enforcement

MULTAN: Muhammad Farrukh Sharif has officially assumed his duties as the Collector Customs Collectorate Enforcement in Multan, succeeding Collector Syed...

Security Breach: Chief Commissioner RTO Multan fails to investigate Rs30m cigarette theft

MULTAN: A massive security breach has raised serious concerns at the Regional Tax Office (RTO) in Multan, where a theft...

Pakistan’s tax returns up by 76pc in 2024

ISLAMABAD: The Federal Board of Revenue (FBR) has released updated statistics on tax returns for the current year 2024. As...

World Bank delegation reviews Pakistan’s digital development progress with NADRA

ISLAMABAD: A high-level delegation from the World Bank, led by Vyjayanti T. Desai, Practice Manager for Digital Development in South...

Jazz’s Garaj partners with SCB to establish regional availability zone in Pakistan

ISLAMABAD: Garaj, Pakistan’s leading cloud services and cybersecurity solutions provider by Jazz, has partnered with Standard Chartered Bank (SCB) to...

Karachi Enforcement chief Basit Maqsood Abbasi honored with farewell after his impactful tenure

KARACHI: Collectorate of Customs Enforcement Karachi hosted a farewell for Basit Maqsood Abbasi, marking the end of his impactful tenure...

Workers’ remittances record US$3.1b inflow during October

KARACHI: Remittances sent by overseas Pakistanis recorded an inflow of US$ 3.1 billion during October 2024, according to State Bank...

Chief Collector Jamil Nasir constitutes “Super Audit Team” to strengthen GD examination & assessment

KARACHI: Directorate General of Customs Reforms & Automation constituted a “Super Audit Team” to conduct examinations and assessments of Goods...

Maritime sector facilitates imports of 430,000 metric tons used clothing in FY 2023-2024: Minister

ISLAMABAD: Qaiser Ahmed Shaikh, Federal Minister for Maritime Affairs, said more than 430,000 metric tons of used clothing arrived in...

FinMin Aurangzeb for strengthening Pak-Japan ties through trade, culture

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb said here on Thursday that Pakistan and Japan have significant...

FTO directs FBR to enhance security as data breach causes Rs81.43b tax evasion

LAHORE: The Federal Tax Ombudsman (FTO) has demanded immediate action to secure taxpayer data and apprehend the culprits, pushing the...

Japan provides grant assistance to three NGOs for development projects in Pakistan

ISLAMABAD: The Government of Japan has decided to provide grant assistance up to USD 194,493 (equivalent to around PKR 54...

Minister Cheema, AIIB Vice President discuss important projects

ISLAMABAD: Vice President of the Asian Infrastructure Investment Bank (AIIB), Konstantin Limitovskiy met with Federal Minister for Economic Affairs, Ahad...

State Bank issues licenses to 4 firms to boost e-payments

06/11/2024

KARACHI: The State Bank of Pakistan (SBP) has issued licenses to four financial institutions to enhance electronic payment systems, reflecting...

Meezan Bank inks agreement to join ITFC to support private sector