FBR registers FIR on Rs 314.8bn Sales Tax fraud

ISLAMABAD: The Federal Board of Revenue has registered a First Information Report (FIR) against a Karachi based company on account of huge...

PM approves 140% executive allowance for FBR officers 

Allowance will only be given to a few officers of grade 17 and above

Cotton crop expected to grow by more than twice

ISLAMABAD: Pakistan's agricultural sector is gearing up for a transformative year with an anticipated 126.6% surge in cotton production. The revelation came...

IMF projects Pakistan GDP to grow by 2.5% in 2024

ISLAMABAD: In its latest report, the International Monetary Fund (IMF) has projected the GDP growth rate for Pakistan at 2.5% for FY24. In...

IMF says global economy ‘limping along’, cuts growth forecast for China, euro zone

The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro zone and said overall global growth remained...

PM Kakar prepares for China visit amidst supposed slowdown in CPEC expansion   

Pak-China likely to sign $6.67 billion worth agreement on ML-1 railway project during PM Kakar’s upcoming ‘VVIP’ visit to China

Slashed by Rs 41? No change at all? What could happen going into this week’s fortnightly fuel pricing decision 

Fuel prices are set to be assessed in the coming days. And while a significant reduction is possible, it might not happen for a number of reasons. 

Transitioning away from a cash economy

What's wrong with extremely high levels of cash in our economy, and what needs to be done to fix this.

Rs 3.126tr added to Pakistan’s total debt in first two months of FY24 :SBP

ISLAMABAD: The Federal government's total debt surged by Rs 3.126 trillion to Rs 63.966 trillion between Jul-Aug, of the current fiscal. According to...

EU MEPs approve extension of Pakistan’s GSP status till 2027

ISLAMABAD: Members of the European Parliament (MEPs) have voted in favour of extending Pakistan's Generalised System of Preferences (GSP) status, along with...

NEPRA notifies Rs1.71 per unit hike in power price under FCA of August

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has approved an increase in the price of electricity by Rs 1.71 per unit on...

Govt raises Rs 557bn in short-term debt against target of Rs 600bn

Cut-off yields for the three-month, six-month and 12-month T-bills stood at 22.5%, 22.85%, and 22.84%, respectively.

Privatisation Minister meets World Bank rep

ISLAMABAD: The Federal Minister for Privatisation, Fawad Hasan Fawad has commented that the Pakistan International Airline (PIA) has emerged as the foremost...

Pakistan tightens control around Afghan Transit Trade; but why now?

Bans, processing fees, increased checks and bank guarantees slapped on Afghan imports

FBR collects Rs 63bn of surplus taxes in the first quarter of FY24

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 2.04 trillion during the first quarter of the current financial year against...