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FBR to Suspend Bank Accounts of Sales Tax Evaders on THIS Date
In a major policy shift, the Federal Board of Revenue (FBR) will have the authority to temporarily suspend bank accounts of unregistered sales tax evaders…
Pakistan Showcases Mining Potential to US Firms
Federal Minister for Energy Ali Pervaiz Malik on Wednesday called on American investors to explore Pakistan’s mining potential through joint ventures and public-private partnerships, underscoring…
TOMCL Becomes First Pakistani Exporter of Beef Casings to Europe
KARACHI: The Organic Meat Company Limited (PSX: TOMCL) has made history by becoming the first Pakistani firm to export beef casings to Europe, a breakthrough…
Digital Payments Now Make Up 89% of Retail Transactions in Pakistan
Pakistan’s retail landscape has undergone a significant digital transformation, with nearly 90% of retail payments now processed through digital channels, according to the State Bank…
Pakistan Trade Deficit with Neighbouring Countries Widens by $11.17B
The Pakistan trade deficit with neighbouring countries widened by 32.82% to $11.17 billion during the first 11 months of the current fiscal year (FY25), compared…
China Approves Partial Rescheduling of $1.8 Billion Debt for Pakistan
China has agreed to a partial debt rescheduling for Pakistan worth $1.8 billion, which is nearly half of what Islamabad initially requested last year. Despite…
Unclaimed Bank Deposits Moved to SBP: Step-by-Step Guide to Claim Your Funds
The State Bank of Pakistan (SBP) has confirmed that all unclaimed deposits in Pakistan up to December 31, 2023, have been surrendered by banks and…
World Bank Launches Education, Water Projects in Balochistan With $194m Funding
The World Bank has launched two major projects in Balochistan to reduce learning poverty and address the province’s ongoing water security challenges. With a combined…
FBR extends sales tax system integration deadline
ISLAMABAD: The Federal Board of Revenue (FBR) has announced extended deadlines for both corporate and non-corporate sales tax registered persons to complete their system integration.…
Pakistan Mobile Phone Imports Drop 16% in FY2024-25
ISLAMABAD: Pakistan imported mobile phones worth $1.356 billion during the first eleven months (July–May) of the fiscal year 2024-25, marking a 16.31% decline compared to…
Govt Launches Digital Loans for Farmers in Pakistan
The federal government has unveiled a major agricultural reform by launching digital loans for farmers in Pakistan, offering unsecured loans of up to Rs1 million…
Pakistan, ADB Partner on Rs14 Billion Women Loan Facility
The government has disbursed Rs14 billion in loans to over 193,000 women under its Women Inclusive Finance Programme, Finance Minister Muhammad Aurangzeb announced during the…
