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

SECP unveils standardized constitutive documents for registration of private funds

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has taken a significant stride towards streamlining and expediting the registration process of...

Govt plans to raise taxes on retail, agriculture, real estate

ISLAMABAD: The Federal government has planned to raise taxes on retail, agriculture, and real estate sectors. Alongside a wealth tax on movable...

SECP introduces Shariah Governance Framework 2023

ISLAMABAD: In a stride towards enhancing the regulatory landscape of Islamic finance, the Securities and Exchange Commission of Pakistan (SECP) has unveiled...

Govt forms cabinet committee on SOEs to improve the performance of loss making companies

ISLAMABAD: Caretaker Federal Finance Minister Dr. Shamshad Akhtar has said that the federal government has formed a cabinet committee on State Owned...

FTO asks FBR to address deficiencies in valuation of real estate

ISLAMABAD: while concluding its investigation, the Federal Tax Ombudsman has recommended FBR to remain vigilant with regard to prevailing market prices in...

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...