The Federal Board of Revenue (FBR) has launched the first phase of an aggressive tax scrutiny campaign, identifying 14 priority sectors for detailed auditing and compliance monitoring.
This move is part of FBR’s broader transformation plan aimed at enhancing revenue collection and plugging tax leakages across critical sectors of the...
WAPDA Chairman Lt Gen (retd) Muhammad Saeed on Wednesday emphasised the timely completion of ongoing projects and the fast-tracking of the Neelum Jhelum Hydropower Project's rehabilitation, terming them crucial for Pakistan's water, food, and energy security.
He made these remarks while presiding over a meeting at Wapda House.
The chairman was...
The State Bank of Pakistan (SBP) raised Rs589.49 billion through latest auctions of Pakistan Investment Bonds (PIBs) and Market Treasury Bills (MTBs) on Wednesday, reflecting continued investor confidence in government securities despite evolving macroeconomic conditions.
The auctions attracted robust participation across both short- and long-term instruments. Of the total amount...
A study by the Lahore University of Management Sciences (LUMS) has called for urgent policy reforms to unlock the full potential of Pakistan's gig and digital economy, using foodpanda as a case study. The report, titled "Economic Impact Assessment of foodpanda in Pakistan", not only quantifies the platform's substantial...
In what marks a significant transformation in the agrarian landscape, the number of farm households in Pakistan surged to 11.7 million in 2024, up from 8.3 million in 2010 — indicating a 40pc increase in rural engagement with agriculture, according to the 7th Digital Agriculture Census Report released on Wednesday.
Simultaneously, the...
Pakistan has met only two out of five key fiscal conditions set by the International Monetary Fund (IMF) for the second review of the $7 billion bailout package, as provinces failed to generate the required cash surpluses and the federal government missed its tax targets.
Despite these shortfalls, the government...
The federal government has decided to initially provide a Rs30 billion supplementary grant to resume subsidies for foreign remittances, indicating a lack of proper consultation among stakeholders before the finance ministry dropped the subsidies from the budget in June.
Government sources told The Express Tribune that the finance ministry has...
There has been much debate about Pakistan’s oil reserves following yesterday’s announcement by U.S. President Donald Trump that a deal has been agreed upon with Pakistan to develop its oil resources.
“Pakistan and the United States will work together on developing their massive oil reserves,” the U.S. President said.
The Truth...
Federal Minister for IT and Telecommunication, Shaza Fatima Khawaja, said on Thursday that Pakistan's first National Artificial Intelligence (AI) Policy will mark the country's transition into a new digital era.
The cabinet has unanimously approved the National AI Policy 2025. The plan aims to build a strong AI ecosystem that...
Giving a new spirit to the Independence Day celebrations, Fatima Fertilizer has, for the first time, taken a unique approach by engaging the youth through its ‘Dil Se Sarsabz’ Milli Naghma singing competition. This nationwide contest aims to revive the patriotic spirit and empower young Pakistanis through music and...
