Govt appoints Amjad Zubair Tiwana as new Chairman FBR

ISLAMABAD: The federal government has appointed Member Inland Revenue Operations Malik Amjad Zubair Tiwana as new Chairman Federal Board of Revenue. Sources said...
Wheat flour 2

ECC approves Rs98.5 crore spent by USC under PM’s free Atta scheme

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved £98.5 crore spent by the Utility Stores Corporation (USC) under the Prime...

What the IHC’s judgement on the Super Tax means and what will happen next

Section 4C of ITO 2001 to be read in accordance with the judgement - until otherwise 

IMF asks for a tighter monetary policy from SBP

The IMF has demanded a further tightening of the monetary policy to be considered by SBP but is it economically sustainable?

 91 illegal farm housing schemes uncovered in Lahore

LAHORE: The authorities in Lahore have uncovered a staggering 91 illegal farm housing schemes within the city. The discovery has raised concerns...

Pakistan Set to Strengthen Private Security Services with New Regulatory Bill

This is an instrumental step towards ensuring the safety and security of projects that are of national significance

PICT clarifies end of operations, handover 

The concession agreement between PICT, and KPT comes to an end as PICT ceases operations

Why and how is HBFC being privatised? 

No new bids received even after the deadline was extended 8 times.

Biden warned China’s Xi on West’s investment after Putin meeting

U.S. President Joe Biden told Chinese President Xi Jinping following his meeting with Russia's Vladimir Putin to "be careful" because Beijing relies...

MoST recommends three names for DG PSQCA in violation of MP-1 policy

ISLAMABAD: The Ministry of Science and Technology (MoST) has come under scrutiny for recommending three candidates for the post of Director General...

Steel industry cries foul against unregulated manufacturers in former FATA/PATA

Earlier, an industry association had claimed that steel manufacturers in the erstwhile  tribal regions have evaded taxes worth more than Rs 150bn. 

Proposed amendments to NEPRA Act raise concerns over potential favoritism

The federal government's decision to introduce amendments to the Regulation General, Transmission and Distribution of Electric Power Act, 2021 has sparked concerns...
Customs clearing agents

Customs unlawfully clears goods worth $847m during import  ban

A large number of importers with the alleged connivance of Pakistan Customs officials bypassed the mandatory requirements of Financial Instruments of Pakistan...

Wheels turn as govt makes final dash to the IMF 

Significantly amended and bulldozed through parliament, the budget has been approved on the same day as an increase in the policy rate

Govt imposes Rs415bn new taxes in budget 2023-24 

New taxes are meant to appease the IMF.