Finance minister hopeful about positive outcome of meeting with IMF

ISLAMABAD: President Asif Ali Zardari underlined the need for promoting barter trade and economic relations with Iran for the mutual...

SHC rejects petition filed by M/s Salman Corp challenging auction of seized goods

KARACHI: Customs Appellate bench of the Sindh High Court (SHC) rejected a petition filed by M/s Salman Corporation challenging auction...

Prudent policies lead to sustainable economic recovery: Finance Ministry

ISLAMABAD: The country’s economic and financial position continues to improve with each passing month of the current fiscal year, attributed...

Finance Minister holds meeting with SBP Governor

KARACHI: Minister for Finance and Revenue Muhammad Aurangzeb convened a significant meeting with the Governor of the State Bank of...

SBP extends deadline for import of cash dollars till June 30

KARACHI: The State Bank of Pakistan (SBP) has given extension to exchange companies to import cash US Dollars up to...

FBR notifies new conditions for exporters to avail tax exemptions

ISLAMABAD: The Federal Board of Revenue (FBR) announced the issuance of SRO 456(I)/2024, introducing stringent conditions on exporters aiming to...

FBR to take emergency fiscal measures to meet annual revenue targets

LAHORE: The Federal Board of Revenue (FBR) has not achieved its revenue collection objectives for the second month in succession,...

NEPRA raises electricity rate by Rs2.74/unit for second quarterly adjustment

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs 2.74 per unit in the electricity...

Plan underway to digitize tax system: PM Shehbaz

ISLAMABAD: Prime Minister Shehbaz Sharif has said that the revival of economy is the biggest challenge and topmost priority of...

Chief Representative of CFFEX in Pakistan & PSX Director meet Finance Minister

ISLAMABAD: The Finance Minister, Muhammad Aurangzeb held a meeting with You Hang, the Chief Representative of China Financial Futures Exchange...

DG Valuation issues new customs values for empty tin cans

KARACHI: Directorate General of Customs Valuation Karachi has established a new customs value of $1.8 per kilogram for empty tin...

Pakistan’s foreign exchange reserves stand at US$ 13,427.6m: SBP

KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by US$ 4 million, reaching a...

Pak-Türkiye strategize to boost bilateral trade to $5b

ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan, Turkish Ambassador to Pakistan, Dr Mehmet Pacaci strategized to boost bilateral trade...

Pakistan retains position in FTSE secondary emerging market

ISLAMABAD: Financial Times Stock Exchange (FTSE) Russell, a leading global index provider has kept Pakistan’s status as a secondary emerging...

Pakistan relaxes restriction on import of used cars

ISLAMABAD: The federal government amended the Import Policy 2022 and eased the restriction imposed on the import of used cars....

Profit repatriation hits $759m in 8MFY24: SBP

KARACHI: Repatriation of profit and dividends from Pakistan by foreign investors increased to $759.2 million in the first eight months...

Khakwani express concerns regarding FBR division into two entities

MULTAN: Chief Organizer and acting head of Welfare Union of Federal Board of Revenue (FBR), Tahir Khakwani, has voiced concerns...

Mobilink Bank establishes “Center of Excellence for Women” at Arid University

RAWALPINDI: Mobilink Bank, Pakistan’s leading digital microfinance bank, has reaffirmed its commitment to women’s financial inclusion with the launch of...

FBR imposes 20pc customs duty on import of natural health products