In a significant move aimed at promoting the country’s exports, the government has abolished the customs duty collected under the… Read More
Cabinet Approves Tax Exemptions for $1 Billion Panda Bond Issuance
The Federal Cabinet has approved tax exemptions to facilitate the $1 billion Panda Bond issuance of Pakistan in the Chinese… Read More
Govt to Collect Originator and Beneficiary Data for Crypto Transfers Above Rs. 1 Million in Pakistan
For every virtual asset transfer of more than Rs. 1 million, Virtual Asset Service Providers (VASPs) in Pakistan will be… Read More
Finance Minister Pledges “Pakistan First” Approach for 11th NFC Award Talks
Federal Minister for Finance, Senator Aurangzeb, has said that this week’s 11th NFC Award meeting will be taken forward with… Read More
FBR Seals 2 Famous Factories for Producing Non-TTS, Non-Duty Paid Cigarettes
The Federal Board of Revenue’s field offices in Peshawar have sealed two prominent tobacco manufacturing units, M/s Souvenir Tobacco and… Read More
FIA Arrests 20 Involved in Massive Stamp Paper Scam Worth Billions
The Federal Investigation Agency (FIA) has arrested 20 suspects in a stamp paper scandal involving the illegal issuance of government… Read More
SECP Under Fire for Paying Rs. 7 Million for Outgoing Commissioner’s Islamabad Club Membership
The Securities and Exchange Commission of Pakistan has approved a payment of Rs. 7 million for the Islamabad Club membership… Read More
Corruption Involving Billions of Rupees Uncovered in Stamp Paper Scandal
A massive stamp paper scandal has rocked the federal Treasury Office, as investigators uncover what appears to be one of… Read More
FBR Announces 2 Years of Salary As Reward for Hard Working Officers
The Federal Board of Revenue (FBR) has approved an increase in the reward ceiling for Inland Revenue officials from 18… Read More
IMF Flags Concerns About Politicized Anti Corruption Actions in Pakistan
A new governance and corruption assessment by the International Monetary Fund (IMF) has raised serious concerns over Pakistan’s anti-corruption framework,… Read More
Reko Diq Moves Closer to Execution as Financing Nears Completion, 20% Work Done
The multibillion-dollar Reko Diq copper and gold project has moved closer to execution after the Petroleum Division informed a Senate… Read More
Govt to Wind Up PASSCO And Create New Company to Settle Its Rs. 121 Billion Debt
The federal government has moved ahead with the winding up of Pakistan Agricultural Storage and Services Corporation Limited, which faces… Read More
