Caretaker Finance Minister Dr. Shamshad Akhtar has reiterated government’s commitment to bring transparency in order to foster investor confidence and maintaining a positive credit rating of Pakistan in the global financial markets.The resolve was exp…

Taking notice of the procurement of cotton at less than the prescribed rate by the government, Caretaker Prime Minister Anwar-ul-Haq Kakar has given clear instructions to procure cotton on the rate fixed by the government to save the farmer from losse…

The Federal Board of Revenue has asked field formations to take action against those involved in a Rs. 314.8 billion sales tax dummy companies fraud.Sources said the Regional Tax Office-I Karachi in its communication with regard to lodging of FIR agai…

The Federal Board of Revenue’s (FBR) top intelligence agency has unearthed sales tax fraud to the tune of billions in leading sectors including coal, oil and ghee, textile, paper and board, steel, lead, lead waste, and scrap.Directorate General Intell…

Pakistan and China are set to sign a memorandum of understanding (MOU) for the upgradation and new alignment of Thakot-Raikot section, a critical segment of the Karakoram Highway (KKH) under the China-Pakistan Economic Corridor (CPEC) framework.The MO…

After two consecutive declines, the price of gold in Pakistan increased by almost Rs. 5,000 per tola on Saturday to close the week at Rs. 202,000.According to the data released by the All-Pakistan Gems and Jewellers Association (APGJA), the price of g…

The electricity anti-theft campaign undertaken by the government last month resulted in savings of Rs. 26 billion during the month of September.According to data shared by Power Division Secretary Rashid Langrial in a post on X. The indirect savings o…