Business

FBR recovers Rs530m from Islamia University in record Bahawalpur tax drive

FBR recovers Rs530m from Islamia University in record Bahawalpur tax drive

The Bahawalpur Zone of the Federal Board of Revenue Federal Board of Revenue has achieved a historic milestone by recovering…
Karachi port crosses 2,000 ships milestone after eight years

Karachi port crosses 2,000 ships milestone after eight years

Federal Minister for Maritime Affairs Junaid Anwar Chaudhry has announced another major achievement for Karachi Port, revealing that the port…
SBP keeps policy rate unchanged at 11.5%

SBP keeps policy rate unchanged at 11.5%

The State Bank of Pakistan’s Monetary Policy Committee on Monday kept the benchmark policy rate unchanged at 11.5%, as easing…
PSX surges as US-Iran deal, oil slump lift sentiment

PSX surges as US-Iran deal, oil slump lift sentiment

The equity market surged on Monday as investors cheered a US-Iran breakthrough, tumbling oil prices and what analysts described as…
Government revises petroleum levy rates on fuel products

Government revises petroleum levy rates on fuel products

ISLAMABAD: The federal government has revised the petroleum levy rates on various fuel products, making changes to levies, freight margins,…
Kerosene price raised despite cut in petrol, diesel rates

Kerosene price raised despite cut in petrol, diesel rates

ISLAMABAD: The price of kerosene oil has been increased despite a reduction in petrol and diesel rates, with the new…
Pakistan plans Rs6.7 trillion borrowing as debt servicing crosses Rs8.1 trillion in FY2026-27

Pakistan plans Rs6.7 trillion borrowing as debt servicing crosses Rs8.1 trillion in FY2026-27

The federal government has projected a significant borrowing plan for the fiscal year 2026-27, with total loans estimated to exceed…
FBR sets ambitious tax collection target of Rs15.264 trillion for FY2026-27

FBR sets ambitious tax collection target of Rs15.264 trillion for FY2026-27

The Federal Board of Revenue (FBR) has been assigned an ambitious tax collection target of Rs15,264 billion for the fiscal…
Provinces to receive Rs8,848bn share in budget 2026-27

Provinces to receive Rs8,848bn share in budget 2026-27

The federal government has allocated Rs8,848 billion to Pakistan’s four provinces from the federal divisible revenue pool under the Budget…
Abolition of 18% sales tax to boost Pakistan’s maritime sector, says Junaid Anwar Chaudhry

Abolition of 18% sales tax to boost Pakistan’s maritime sector, says Junaid Anwar Chaudhry

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has welcomed the government’s decision to abolish the 18 percent sales…
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