The Customs staff have seized Boostin Injection worth over Rs. 20 million at Islamabad airport.

Sources told PropPakistani that the customs authorities at the Islamabad airport foiled the attempt to smuggle 9500 Boston vaccines worth more than 20 mi…

The National Assembly passed the Tax Laws (Amendment) Bill, 2024 on Monday which would give the legislative effect to the taxation proposals of the federal government.

The bill was taken by the House as the supplementary agenda and Federal Minister …

The Business Confidence Index (BCI) improved by 1.8 points to 53.5 in April 2024, according to the Business Confidence Survey issued by the State Bank of Pakistan (SBP).

According to the survey, this increase is driven by the Services sector. The Se…

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 22 percent.

The announcement came after a meeting of the bank’s Monetary Policy Committee (MPC) today.

At its meeting today, th…

Federal Minister Khawaja Muhammad Asif Monday said no proposal for imposing any tax on solar panels is on the table.

In a post on ‘banned’ X, the minister clarified that no summary has been initiated by the Central Power Purchasing Agency (CPPA-G) o…

The Executive Board of the International Monetary Fund (IMF) Monday completed the second review of Pakistan’s economic reform program supported by the IMF’s $3 billion Stand-By Arrangement (SBA).

The Board’s decision allows for an immediate disburse…

Prime Minister has tasked Secretary Finance Imdad Ullah Bosal to identify officials involved in the delay in implementation of the Track and trace System.

Sources informed ProPakistani that the PM on Friday during this cabinet meeting showed dissati…

The federal government has started to take punitive action against officials of the Federal Board of Revenue (FBR) just before the budget preparation exercise for the next fiscal year.

The major reshuffle has reportedly taken place as Prime Minister…

The federal government has started to take punitive actions against officials of the Federal Board of Revenue (FBR) for a non-compliance attitude of senior management just before the budget preparation exercise for 2024-25.

FBR has placed 12 grade 2…

The Pakistani rupee fell third day in a row against the US Dollar after opening trade at 278 in the interbank market.

It was largely stable against the greenback but crashed against other major currencies today.

The interbank rate stayed at 278.5 m…