Afghanistan has imposed fresh foreign currency restrictions on people carrying cash out of the country after reports of US Dollar… Read More
Pakistan Refinery’s Expansion Project Stopped Due to Dollar Shortage
The expansion project of Pakistan Refinery Limited (PRL) has hit a roadblock due to a shortage of US Dollars, which… Read More
State Bank to Help Prevent Dollar Smuggling at Karachi Airport’s Cargo Section
The State Bank of Pakistan (SBP) has decided to set up a booth in the cargo section of the Civil… Read More
IMF Will Only Approve Loan if Pakistan Agrees to 50% Increase in Electricity Bills
Talks between Pakistan and the International Monetary Fund (IMF) are set to end in three days, with the lender demanding… Read More
Russia’s Largest LNG Producer Ready to Supply Gas to Pakistan
Russia’s largest independent natural gas producer Novatek is ready to supply liquefied natural gas (LNG) to Pakistan as the country… Read More
Experts Urge Govt to Increase Tax on Tobacco Products by 70%
Experts at a webinar called upon the government to increase tax on tobacco products by 70 percent of their retail… Read More
FTO Directs FBR to Issue Rs. 19,245 Tax Refund Pending for 5 Years
While disposing of a complaint, the Federal Tax Ombudsman (FTO) directed the Federal Board of Revenue (FBR) to ensure requisite… Read More
Money Shortage Forces Federal Govt to Freeze Punjab’s Health Insurance Scheme
The Centre has frozen Punjab’s Rs. 400 billion health insurance scheme which targeted both the rich and poor of the… Read More
PSW Rolls Out Lab Management System for Ease of Doing Business
Pakistan Single Window (PSW) has begun rolling out the Lab Management System (LMS) for the electronic processing of lab test… Read More
FBR Will Not Notify Taxpayers of Foreign Requests for Information of Their Assets
The Federal Board of Revenue (FBR) will not inform the concerned taxpayer about the request received from foreign tax jurisdiction… Read More
FBR Assigns Monitoring Officials to 33 Sugar Mills in Punjab
The Federal Board of Revenue has posted officials at 33 sugar mills in Punjab, including those owned by Jahangir Tareen… Read More
IMF Demands Removal of Power Subsidy As Pakistan Runs Out of Time
The International Monetary Fund (IMF) and Pakistan have stretched technical-level talks on the power sector for two more days, with… Read More
