Pakistan, China agree to advance collaboration, emphasize CPEC monitization

KARACHI: The Central Directorate of National Savings (CDNS) has secured Rs60 billion in Islamic finance bonds during the current fiscal...

Islamabad: March 19, 2024: Federal Minister for Finance and Revenue, Mr. Muhammad Aurangzeb was called on by H.E. Mr. Donald Blome, Ambassador of the United States of America & discussed matters of mutual interest, economic & financial relations between the two countries & collaborative efforts in various sectors.

Pakistan, US discuss bilateral cooperation

ISLAMABAD: Ambassador of the United States to Pakistan, Donald Blome, paid a courtesy visit to Minister for Finance & Revenue,...

IHC rejects petition challenging FBR restructuring

ISLAMABAD: The Islamabad High Court (IHC) has dismissed a petition filed by an Inland Revenue officer against the constitution of...

Pakistan’s service sector trade deficit shrinks by 52.27pc MoM in February

KARACHI: The service sector of Pakistan posed a trade deficit of $158 million in February, reflecting a decline of 52.27%...

Peshawar High Court orders to freeze salary of FBR chairman

ISLAMABAD: The Peshawar High Court (PHC) has attached the salary of the Chairman of the Federal Board of Revenue (FBR)...

GB Development Working Party approves Rs56b projects

ISLAMABAD: The Gilgit-Baltistan Development Working Party (GBDWP) has given the green light to projects worth a staggering Rs 56.46 billion....

Pakistan to get $250m loan from ADB for two power projects

ISLAMABAD: Pakistan is expected to get $250 million in financing from the Asian Development Bank (ADB) for two power transmission...

President calls for strong trade relations with US, UAE

ISLAMABAD: President Asif Ali Zardari underscored the importance of strengthening bilateral relations between Pakistan and the United Arab Emirates across...

FBR enhances regulatory duty on import of mushrooms from March 16

ISLAMABAD: The Federal Board of Revenue (FBR) has enhanced regulatory duty (RD) on the import of some items including an...

KATI for prioritizing industrial zones in development budget

KARACHI: President Korangi Association of Trade and Industry (KATI), Johar Qandhari felicitated newly elected Sindh cabinet and emphasized need of...

SHC issues notice to Customs I&I on petition filed by Sameed Int’l Trading Company

KARACHI: Sindh High Court (SHC), Customs Appellate Tribunal bench comprising Justice Muhammad Junaid Ghaffar and Justice Adnan-ul-Karim Memon has issued...

Punjab presents ‘mini-budget’ worth Rs4,480b

LAHORE: Punjab finance minister Mujtaba Shuja-ur-Rehman presented the provincial budget for fiscal year 2023-24 worth Rs4480 Billion was tabled during...

President endorses FTO’s decision on excessive taxation on electricity bills

ISLAMABAD: President Asif Ali Zardari has endorsed the Federal Tax Ombudsman’s decision to alleviate the miseries of power consumers by...

SBP keeps monetary policy unchanged at 22pc

KARACHI: The State Bank of Pakistan (SBP) on Monday chose to maintain the status quo by upholding the key policy...

Align interest rate with regional economies to reduce input costs: Saqib Rafiq

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has stressed upon the Government to align the interest rate with...

Pakistan’s mobile imports mobile phones worth $447.854m in 8 months of FY24

ISLAMABAD: The country imported mobile phones worth $1.148 billion during the first eight months (July-February) of the current fiscal year...

President Zardari announces rewards for tax filers

LAHORE: The President of Pakistan Asif Ali Zardari has ordered that filers of income tax returns manually would now be...

DG Valuation enhances customs values on imported paper

KARACHI: Directorate General of Customs Valuation Karachi has increased customs values on the import of non-carbon releasing paper, art card/coated...

Bank deposits hit all-time high of Rs27.8tr in Pakistan: SBP