The National Assembly Standing Committee on Commerce on Monday discussed discrepancies in ridiculous vehicle import duties. Committee member Shaista Pervaiz… Read More
Pakistan’s Rice Exports Down by 15% in FY25
Pakistan’s rice export revenue fell 14.7 percent to $3.36 billion in FY25 after a 3.7 percent decline in volume to… Read More
Roshan Digital Account Inflows Down by 9% in June 2025
Gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $182 million in June 2025, down 9 percent… Read More
FBR Revises Customs Value on Import of Gas/Electric Water Heaters
Directorate General Customs Valuation Karachi has fixed new customs values on the import of gas/electric water heater for assessment of… Read More
CCP Launches Raid on Suppliers Over Bid Rigging in Power Distribution Contracts
The Competition Commission of Pakistan (CCP) teams this week raided the offices of four suppliers involved in the provision of… Read More
Govt to Raise High-Value Cash Sales Limit to Rs. 2.5 Million for Businesses
The federal government has proposed to increase limit from Rs. 200,000 to Rs. 2.5 million for disallowing expenditure attributable to… Read More
Govt Needs to Pay Over Rs. 29 Billion to Staff to Close Utility Stores Permanently
The voluntary separation scheme (VSS) for employees of the Utility Stores Corporation (USC) has revealed that the federal government would… Read More
FBR’s Active Taxpayers List Hits Record High of 7.27 Million Filers
The Federal Board of Revenue (FBR) has confirmed that Pakistan’s Active Taxpayers List (ATL) has reached an all-time high of… Read More
Pakistan to Repay $23 Billion Foreign Debt This Fiscal Year
Pakistan is scheduled to repay over $23 billion in external debt during FY2025-26, including $11 billion to multilateral, bilateral, commercial… Read More
IMF Advises Pakistan to Raise GST Rate to Fund Development Projects
The International Monetary Fund (IMF) has rejected Pakistan’s proposal to impose a 1 percent water storage cess on all taxable… Read More
Audit Uncovers Rs. 13 Billion in Spending Violations By Law Enforcement Agencies
An audit of Interior Ministry agencies for FY2023-24 has uncovered over Rs. 13 billion in alleged procurement irregularities by Pakistan… Read More
Country-Wide Strike Not Canceled But Will Happen As Planned: KCCI
The Karachi Chamber of Commerce and Industry (KCCI) has confirmed that the nationwide strike scheduled for July 19 will proceed… Read More
