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FBR Officials Face Probe After Maladministration Case Referred by FTO
The Federal Board of Revenue is facing an internal probe after the Federal Tax Ombudsman (FTO) referred a maladministration case involving senior tax officials to…
Pakistan and Saudi Arabia Set Sights on CPEC-Style Economic Corridor After Defense Pact
Pakistan and Saudi Arabia are taking a significant step toward creating a CPEC-style economic corridor. The plan aims to boost trade, investment, and connectivity between…
Punjab Approves Rs20,000 Per Acre Aid for Farmers Hit by Floods
The Punjab government has approved Rs20,000 per acre aid for farmers to compensate for crop losses, according to an official statement issued on Saturday. The…
PSX Maintains Bullish Momentum on IMF Review, Ratings
The Pakistan Stock Exchange (PSX) is set to sustain its upward momentum, fueled by the successful completion of the IMF’s second review under the $7…
CCP Approves Merger of Global Haly with Bank Makramah
The Competition Commission of Pakistan (CCP) has given approval for the merger of Global Haly Development Limited into Bank Makramah Limited under a formal Scheme…
UBL Becomes First Pakistani Bank to Hit Rs.1 Trillion Cap
United Bank Limited (UBL) has achieved a historic milestone by becoming the first bank in Pakistan to cross Rs. 1 trillion in market capitalization at…
Paapam Warns IMF Trade Liberalisation Risks Auto Sector
The Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam) has warned that the IMF’s push for trade liberalisation, including tariff cuts and commercial imports…
IMF Seeks Briefing on $7.7bn Reko Diq Mining Project
The International Monetary Fund (IMF) has requested a detailed briefing on Pakistan’s $7.7 billion Reko Diq mining project as the country moves closer to financial…
FBR to Launch Online Auction for Seized Vehicles
The Federal Board of Revenue (FBR) has announced the launch of an online e-auction system for non-customs paid vehicles, aimed at bringing transparency, efficiency, and…
FBR Busts Rs384m Scam Involving PlayStations and Macs
The Federal Board of Revenue (FBR) has exposed a Rs384 million duty and tax evasion scam at Karachi Airport, seizing high-value electronics, including PlayStations and…
Pakistan and UAE Agree to Boost Rail Modernisation
Pakistan and the United Arab Emirates (UAE) have agreed to enhance cooperation on rail modernisation and regional connectivity, according to the Press Information Department (PID).…
Roosevelt Hotel NYC Gets ECC Banking for Urgent Financial Support
The Economic Coordination Committee (ECC) has expressed support for providing urgent financial assistance to Pakistan’s Roosevelt Hotel in New York, a landmark property facing challenges…
