Vietnamese envoy for mechanism to resolve trade disputes in advance

ISLAMABAD: The International Monetary Fund (IMF) Mission Chief, Nathan Porter appreciated the government’s commitment to meeting the first Quarter targets...

WB Executive Director (Designate) calls on finance minister

ISLAMABAD: The Executive Director (designate) World Bank (WB), Dr. Tauqeer Hussain Shah called on the Minister for Finance, Revenue, and...

Pakistan’s total liquid foreign reserves reach at $12.5b

KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 12,576.6 million while the central bank held the reserves...

Dr. Umar Saif urges Saudi Arabia to facilitate Pakistani IT companies in travel, visas

ISLAMABAD: Caretaker Federal Minister for IT and Telecommunication Dr. Umar has urged the Ambassador of Saudi Arabia to Pakistan Nawaf...

Dr Shamshad for reforms in global financial institutions

ISLAMABAD: Minister for Finance, Revenue, & Economic Affairs Dr Shamshad Akhtar has called for reforms in global financial institutions to...

Karachi Enforcement recovers smuggled dry fruits worth Rs175m near Hawksbay

KARACHI: Collectorate of Customs Enforcement, Anti-smuggling Organisation (ASO) has recovered huge quantity of smuggled dry fruits from a container laden...

Pakistan Customs launches ‘Linking International Values’ system

LAHORE: Directorate General Valuation Customs has launched LIVE (Linking International Values) system across Pakistan to digitally integrate price data of...

Shell to sell Pakistan unit to Saudi firm

KARACHI: Shell Pakistan has said its parent company’s unit, Shell Petroleum Company, has signed a deal with Wafi Energy to...

Second tranche: Pakistan, IMF talks begin today

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) will begin their negotiations for the next installment of $700 million today....

$340b required to address climate crisis in Pakistan: Shamshad Akhtar

KARACHI: Caretaker Finance Minister Shamshad Akhtar, while addressing the 2nd Pakistan Climate Conference on November 01, said that to address...

FBR clears the air about income tax return filing date extension

ISLAMABAD: In a recent development, the Federal Board of Revenue (FBR) has made it clear that there will be no...

ECC approves updation of HS codes

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet gave consent for the proposed amendments in PCT codes in the...

ICCI terms massive hike in gas prices a big blow to industry

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has slammed the massive hike in gas prices and termed it...

FBR recovers 16m non-duty paid counterfeit cigarette sticks

LAHORE: In an unprecedented drive to get to grips with the menace of non-duty paid/counterfeit cigarettes, the designated teams of...

IHC directs FBR to pay adjournment cost for non-appearance of officials

ISLAMABAD: Islamabad High Court (IHC) has imposed an adjournment cost of Rs. 5,000 on the Federal Board of Revenue (FBR)...

US, China, UK top 3 destinations of Pakistani exports in July-Sep: SBP

KARACHI: The United States (US) remained the top export destination of Pakistani products during the first three months of the...

Petrol, diesel prices kept unchanged

ISLAMABAD: The government on Tuesday kept unchanged the prices of petrol and high speed diesel at Rs283.38 per liter and...

FBR tax collection in October reaches Rs707b

ISLAMABAD: The Federal Board of Revenue (FBR) announced tax collection of Rs2748 billion from July till October, surpassing the collection...

Economic activity will remain positive throughout current fiscal year, hopes finance ministry