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…

Hascol Petroleum Limited (PSX: HASCOL) has conditionally accepted an offer from Millat Global Holdings to proceed with negotiations and documentation and engaging with banks to accept it as majority sponsor shareholder of the petroleum company, a HAS…

The Tariq Bajwa-led inquiry Committee has proposed the Federal Board of Revenue (FBR) to establish a dedicated enforcement force for the Track and Trace project whose sole task should be to carry out effective enforcement which is critically needed f…

The Competition Commission of Pakistan (CCP) approved a 40% equity stake acquisition in Gas and Oil Pakistan Ltd (GO) by Aramco, a global leader in integrated energy and chemicals.

This transaction marks Aramco’s first entry into Pakistan’s fuels re…

According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) increased by Rs. 1,100 per tola to Rs. 242,000, while the price of 10 grams registered an increase of Rs. 943 to Rs. 207,476.

Last week, the price of the preci…

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 country borrowed just $6.899 billion from multiple financing sources during the first nine months (July-March) of the current fiscal year 2023-24 compared to $7.764 billion borrowed during the same period of 2022-23, representing 39 percent of th…