Slider News

KARACHI: The State Bank of Pakistan (SBP) has decided to keep the key policy rate unchanged at 10.5 per cent....

Supreme Court declares FIR illegal sans determination of tax liability

ISLAMABAD: The Supreme Court of Pakistan has ruled that registering a First Information Report (FIR) or initiating criminal proceedings in...

Pakistan invites Swedish firms to expand mining beyond Reko Diq

ISLAMABAD: Pakistan is encouraging Swedish companies to expand their role in the country’s mining sector beyond the flagship Reko Diq...

FTO directs FBR to share sales tax data with taxpayers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to provide taxpayers with copies of...

Salaried class pays 352pc more tax than exporters, retailers, wholesalers

ISLAMABAD: Pakistan’s salaried class is paying significantly more taxes than several major business sectors combined, according to a new study...

Transshipment commences from Karachi Port

KARACHI: The Chairman of Karachi Port Trust, Rear Admiral Shahid Ahmed SI (M) S.Bt (Retd) has reaffirmed the Port’s commitment...

Ample oil reserves available for local consumption: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said Pakistan currently had ample oil reserves and there...

LNG shortage looms for Pakistan after Qatar halts deliveries

KARACHI: Pakistan has been informed by Qatar Gas that liquefied natural gas (LNG) shipments to the country will remain suspended...

Govt increases petrol & diesel prices by Rs55 per litre amid Middle East tensions

ISLAMABAD: The federal government has approved a significant increase in the prices of petroleum products, raising both petrol and high-speed...

Goods transporters announce 20pc fare hike after fuel price surge

LAHORE: President of the Pakistan Goods Transport Alliance Malik Shahzad Awan has strongly reacted to the recent increase in petroleum...

FBR unveils National Cargo Tracking System & e-Bilty for cargo monitoring

ISLAMABAD: Pakistan’s tax authority has taken a major step toward modernizing cargo monitoring with the launch of a new digital...

Pakistan earns $600,000 per day from flights using its airspace

KARACHI: The situation in the Middle East has led to an increase in flights passing through Pakistan's airspace. The number...

Minister highlights shipping opportunities as global trade routes face challenges

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Thursday chaired a high-level meeting to assess emerging logistical...

ICCI President leads delegation in meeting with DG Tax

ISLAMABAD: A delegation of the Islamabad Chamber of Commerce and Industry (ICCI) led by its President Sardar Tahir Mehmood held...

ECC approves Rs3b gas schemes, Rs3.63b disaster funding, power sector reforms

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved multiple technical supplementary grants (TSGs), funding for disaster...

Uninterrupted petroleum supply top priority: Finance Minister