Tax department registers FIR against money laundering solar panels import

Senate Standing Committee on Finance directs FBR to take strict action against the offenders under the Anti Money Laundering Act

FBR plans crackdown against cash transactions in real estate

Buying real estate worth more than Rs 5mn using cash or a bearer cheque will be subject to a penalty equal to 5% of the property's value

Caretaker PM approves transfer of Sugar Advisory Board’s control back to Industries & Production Ministry

ISLAMABAD: The caretaker prime minister, Anwaar-ul-Haq Kakar, has granted his approval for the Sugar Advisory Board to be handed over to the...

Industry on edge as new proposition suggests 24-hour clearing period for stock trades 

The clearinghouse is looking to change the settlement time before changing the infrastructure

“Lack of ownership among tax machinery hampers broadening the tax base.” FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has admitted that there is a lack of ownership among the tax machinery on the...

Eyebrows raised over product quality control as the credibility of PSQCA labs is under question mark

ISLAMABAD: In a display of negligence within the Pakistan Standard and Quality Control Authority (PSQCA), it has been disclosed that all the...

Remittances have been on the decline for some time. August’s data shows the trend hasn’t changed

Remittances in FY23 were down by $4.25 billion year-on-year. They have continued to decline in first two months of FY24. Are Pakistanis sending less money home?

Senate committee shows concerns over PSQCA recruitments

ISLAMABAD: The Senate Standing Committee on Science and Technology convened a pivotal session at the Parliament House, delving into a range of...

Exchange companies to be consolidated into one category under SBP reforms

The central bank has given category B exchange companies and franchises a month to decide on an option and approach it for approval.

Pakistan businesses fear default still imminent, Gallup Survey reveals

This survey is the 10th edition of a quarterly Business Confidence Survey conducted by Gallup Pakistan

Steel sector continues to grumble

The PALSP has raised alarms over the authorities' lack of effective measures to counter the menace of smuggling.

International Organization for Standardization (ISO) suspends Pakistan for non-payment of subscription fee

ISO had outlined the process for membership restoration upon clearing the outstanding fee.

SECP issues the first certificate of Shariah compliance to REITs. Why now? 

Signature Residency REIT and Rahat Residency REIT have been given shariah compliance certificates as the government continues to move towards an interest free financial system. 

Track and trace of cotton as well. But will it be effective? 

Manufacturers often under-report their production numbers precisely to evade tax.

Caretaker health minister orders DRAP to promptly deal with artificial drug shortages 

Caretaker health minister Nadeem Jan directs the Drug Regulatory Authority of Pakistan to speed up work on curtailing the artificial shortage of medicine in the market.