China to deliver 50,000 tonnes urea on February 10

Information Minister Fawad Chaudhry Thursday said that the first cargo ship carrying urea will reach Pakistan on February 10 from China whereas...

Tarin to launch FBR’s national sales tax return today

ISLAMABAD: Finance Minister Shaukat Tarin will on Friday will launch the Federal Board of Revenue's (FBR) National Sales Tax Return (NSTR) in...

Roshan Digital Account inflows reach $3.16bn by 2021-end: SBP

KARACHI: The State Bank of Pakistan (SBP) on Wednesday said that cumulative inflows under the Roshan Digital Account (RDA) reached $3.16 billion...

FBR increases sales tax rate on POL products

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday notified that sales tax rates on petroleum products have been raised. According to the...

Apple becomes first company to hit $3tr market value, then slips

NEW YORK: Apple Inc on Monday become the first company to hit a $3 trillion stock market value, before ending the day...

SBP launches licensing, regulatory framework for digital banks

The State Bank of Pakistan (SBP) on Monday unveiled a licensing and regulatory framework for digital banks with an aim to introducing...

Country’s import growth trend in reversal: Commerce Ministry

ISLAMABAD: The Ministry of Commerce has said that the growth in imports has started to decrease according to early indications. "Pakistan's imports during...

SBP will not become obstructive to govt’s policies after getting autonomy: Shaukat Tarin

Finance Minister Shaukat Tarin has dismissed fears that the central bank will go rogue if the State Bank of Pakistan (SBP) Amendment...

Govt celebrates new year with Rs4 hike in petrol price

The federal government announced yet another hike in the prices of petroleum products just as the brink of the new year. According to...

FBR exceeds six month tax collection target

ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed its collection target by Rs287 billion during July-December of current financial year 2021-22...

Banks to remain closed for public dealings on Jan 3

All banks in Pakistan will remain closed for public dealing on January 3 as the day will be observed as a bank...

Finance supplementary, SBP amendment bills deferred again

The National Assembly (NA) session was adjourned on Friday for an indefinite period, deferring the approval of the Finance Supplementary Bill, 2021...

Govt’s ‘mini budget’ showers new taxes, withdraws Rs343bn in exemptions

ISLAMABAD: The federal government on Thursday presented the Finance (Supplementary) Bill 2021, termed as the mini budget by opposition parties, in the...

Pharma sector hints at raising medicine prices

LAHORE: The pharmaceutical sector has hinted at the rise in prices of medicines following the imposition of General Sales Tax (GST) on...

Govt claims of making SBP amendment bill free of controversy

ISLAMABAD: Federal Finance Minister Shaukat Tarin on Thursday said that although the International Monetary Fund (IMF) wants the State Bank of Pakistan...