Taxes Federal capital: FBR plans to expand scope of ST on services ISLAMABAD: The Federal Board of Revenue (FBR) is planning to expand the scope of sales tax on services within the... Published 14 May, 2025 07:55am
Companies Deceptive claims: CCP imposes Rs40m fine on Al-Ghazi Tractors ISLAMABAD: The Competition Commission of Pakistan (CCP) Tuesday imposed a penalty of Rs 40 million on a tractor... Published 14 May, 2025 07:52am
Cadet College Pitaro: Minister approves Rs250m for solarization KARACHI: Sindh Energy Development and Planning Minister Syed Nasir Hussain Shah has approved Rs 885 million for the... Published 14 May, 2025 07:51am
PIPFA inaugurates new office premises in Karachi KARACHI: The Pakistan Institute of Public Finance Accountants (PIPFA) proudly inaugurated its new office premises,... Published 14 May, 2025 07:50am
PDWP approves development schemes LAHORE: In the 80th meeting of the fiscal year 2024–25, the Provincial Development Working Party (PDWP), chaired ... Published 14 May, 2025 07:49am
Lahore Development Plan: Punjab CM inspects various zones LAHORE: Chief Minister Punjab Maryam Nawaz Sharif on Tuesday paid surprise visits to different areas of Lahore and... Published 14 May, 2025 07:45am
Schools hold ceremonies of thanksgiving, solidarity with army Lahore: On the direction of Chief Minister Punjab Maryam Nawaz Sharif, schools across Punjab held ceremonies of... Published 14 May, 2025 07:43am
CBD Punjab introduces sustainable rainwater solution LAHORE: The Central Business District Punjab (CBD Punjab) has introduced a cutting-edge rainwater harvesting and... Published 14 May, 2025 07:39am
APTPMA praises armed forces FAISALABAD: M Zubair Motiwala, Patron in Chief, Zulfiqar Ali Chaudhry, Chairman, Mian Aftab Ahmed, Senior Vice... Published 14 May, 2025 07:35am
Several bills introduced in Punjab Assembly LAHORE: The Punjab Community Justice (Panchayat) Bill 2025, The Punjab Civilians Victims of Terrorism and (Relief ... Published 14 May, 2025 07:34am
Trade, industry bodies pay tribute to armed forces KARACHI: Under the leadership of the Korangi Association of Trade and Industry (KATI), representatives from all ... Published 14 May, 2025 07:32am
Reserved seats: Counsel for SIC seeks time to file application ISLAMABAD: The Sunni Ittehad Council (SIC) counsel sought time to file an application to challenge the constitution... Published 14 May, 2025 07:31am
Cyber security threats: Pakistan’s NJP will remain on read-only mode ISLAMABAD: The National Information Technology Board (NITB) has announced that the National Job Portal (NJP) will... Published 14 May, 2025 07:29am
Creation of new executive service cadre proposed ISLAMABAD: Minister for Planning Ahsan Iqbal proposed the creation of a new executive service cadre that would allow... Published 14 May, 2025 07:27am
CJP highlights long-standing, cordial judicial ties with Türkiye ISLAMABAD: Chief Justice of Pakistan (CJP) Yahya Afridi highlighted the long-standing and cordial judicial relations... Published 14 May, 2025 07:25am
Asad Qaiser: Court reserves verdict on acquittal pleas in two cases ISLAMABAD: A local court on Tuesday reserved its verdict on the acquittal pleas of Pakistan Tehreek-e-Insaf (PTI)... Published 14 May, 2025 07:23am
Dissecting Uraan Pakistan—I Since 90s Pakistan witnessed flood of Plans, Visions, Development Frameworks and Reform agendas by multilaterals,... Published 14 May, 2025 07:01am
POS invoicing: SRB conducts first computerised prize ballot draw KARACHI: The Sindh Revenue Board (SRB) on Tuesday conducted its first computerised prize ballot draw for customers... Published 14 May, 2025 06:51am
Industry Cement distribution sector: LCCI urges FBR to withdraw SROs LAHORE: President of the Lahore Chamber of Commerce & Industry Mian Abuzar Shad has urged the Federal Board of... Published 14 May, 2025 06:50am
Europe Zelenskyy insists on face-to-face talks with Putin in Istanbul KYIV: Ukraine’s Volodymyr Zelenskyy urged Donald Trump to help secure a meeting with Vladimir Putin in Turkey on... Published 14 May, 2025 06:45am
China swipes at ‘bullying’ US as it woos Latin American leaders BEIJING: China took thinly-veiled swipes at the United States and cast itself as the defender of the multilateral... Published 14 May, 2025 06:44am
Companies China removes ban on Boeing deliveries: Bloomberg BENGALURU: China has removed a ban on airlines taking delivery of Boeing planes after the United States and China... Published 14 May, 2025 06:41am
Taxes Digital invoicing systems: ‘PRAL committed to rendering costfree services to taxpayers’ LAHORE: Pakistan Revenue Automation Limited (PRAL) is committed to render cost free services to all taxpayers for... Published 14 May, 2025 06:39am
Taxes STD secures penalty-default surcharge LAHORE: The sales tax department has secured penalty and default surcharge imposed against a taxpayer due to delay ... Published 14 May, 2025 06:36am
Mike Hesson confirmed as white-ball head coach LAHORE: The Pakistan Cricket Board (PCB) Tuesday announced the appointment of Mike Hesson, as the white-ball head... Published 14 May, 2025 06:33am
HBL-PSL-X resumes from 17th; final on 25th LAHORE: After ceasefire between India and Pakistan, the HBL-PSL-X is set to resume from Saturday (May 17) when... Published 14 May, 2025 06:31am
Industry Tobacco revenue can increase by bringing illicit trade into tax net KARACHI: The country’s annual revenue from the tobacco industry could more than double from the current Rs 270... Published 14 May, 2025 06:26am
Companies Agriculture: UBL, STL sign deal to promote mechanisation KARACHI: UBL and Shahzad Trade Link (STL) have signed an agreement to promote the mechanization of agriculture farms... Published 14 May, 2025 06:22am
The Weather KARACHI: The weather report on Tuesday (May 13, 2025) and the forecast for Wednesday (May 14, 2025)... Updated 14 May, 2025 08:43am
Ghazi Fabrics International Limited Ghazi Fabrics International Limited (PSX: GFIL) was incorporated in Pakistan as a private limited company in 1989 ... Updated 14 May, 2025 08:26am
Remittances, money supply, and the ghost of inflation past In an unexpected twist, Pakistan is witnessing a sharp acceleration in money supply growth at precisely the time it... Updated 14 May, 2025 08:27am
Falling behind: Pakistan’s HDI crisis Pakistan’s ranking in the Human Development Index (HDI) 2025 stands at a sobering 168 out of 193 countries, with a... Updated 14 May, 2025 08:13am
Imran Khan describes Modi as ‘coward’ ISLAMABAD: Jailed ex-prime minister Imran Khan unleashed a blistering broadside on Tuesday from behind bars –... Updated 14 May, 2025 05:13pm
Industry April car sales down 5pc MoM in Pakistan KARACHI: Pakistan’s car sales declined 5 percent month-on-month but managed a slight one percent year-on-year... Updated 14 May, 2025 07:32am
Health & Wellness 80pc adults have dangerous waistlines, experts warn KARACHI: With more than 80 percent of Pakistani adults now suffering from excessive waistlines and over 70 percent ... Published 14 May, 2025 05:56am
Middle East Wounded journalist killed in Israeli strike CAIRO/GAZA: An Israeli airstrike on the Gaza Strip on Tuesday killed a well-known Palestinian journalist whom it... Published 14 May, 2025 05:56am
Pakistan, Russia agree to establish new steel mills in Karachi ISLAMABAD: In a bid to boost-up bilateral relations Russia and Pakistan have agreed to establish a new steel mill in... Updated 14 May, 2025 09:21am
IMF talks begin today Discussions will focus on budgetary framework, including proposed revenue targets and expenditure estimates Updated 14 May, 2025 09:22am
Export-led growth is only way forward for Pakistan: Aurangzeb ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Tuesday said export-led growth ... Updated 14 May, 2025 07:07am
Targeted power subsidies under BISP: Roadmap submitted to IMF, World Bank ISLAMABAD: The government has reportedly submitted a roadmap to the International Monetary Fund (IMF) and the World... Updated 14 May, 2025 09:51am
Only uplift-oriented projects be included in PSDP: minister ISLAMABAD: Federal Minister for Planning, Development and Reforms, Ahsan Iqbal Tuesday emphasised that only those... Updated 14 May, 2025 09:21am
Amendments to net-metering rules: Power Div. set to resubmit its proposal to ECC ISLAMABAD: The Power Division is all set to resubmit its proposal to the Economic Coordination Committee (ECC)... Updated 14 May, 2025 09:50am
11 soldiers among 51 martyred ISLAMABAD: A total of 51 precious lives were lost and 199 individuals were injured, including both civilians and... Published 14 May, 2025 05:56am
Trump hopes Pakistan, India will uphold ceasefire KARACHI: In a speech at the Saudi-US Investment Forum, President Trump urged Pakistan and India to abandon conflict... Updated 14 May, 2025 08:56am
Pakistan rejects Modi’s provocative, inflammatory assertions ISLAMABAD: Categorically rejecting the provocative and inflammatory assertions made by the Indian prime minister in... Published 14 May, 2025 05:56am
Rates Equities extend gains in Pakistan KARACHI: The Pakistan Stock Exchange (PSX) extended its upward momentum for the second consecutive day as investors... Updated 14 May, 2025 07:08am
Modi’s political tenure nearing its end: Asif ISLAMABAD: Defence Minister Khawaja Asif on Tuesday said that Indian Prime Minister Narendra Modi’s political... Published 14 May, 2025 05:56am
The warmongers’ league A picture taken on July 28, 2019 shows a giant Israeli Likud Party election banner hanging from a building showing... Updated 14 May, 2025 07:10am
Country without a soul India, under Narendra Modi, has descended to its lowliest lows. The civilization of hundreds, nay, thousands of... Updated 14 May, 2025 07:16am
IWT & Kashmir: Pakistan will not allow India to violate ‘red lines’ at any cost: PPP ISLAMABAD: Pakistan People’s Party (PPP) said that Indus Waters Treaty (IWT) and Kashmir are red lines and ... Published 14 May, 2025 05:56am
Khar condemns India’s actions, praises role of Pakistan armed forces ISLAMABAD: Hina Rabbani Khar, the former foreign minister on Tuesday said that recent incidents between the two... Updated 14 May, 2025 08:39am
Turkish envoy congratulates Aleem Khan on victory against India ISLAMABAD: Turkish Ambassador to Pakistan Dr Irfan Neziroglu called on Federal Minister for Communications and... Published 14 May, 2025 05:56am
Zigzag technology: KP CM for submission of data on brick kilns PESHAWAR: KP Chief Minister Ali Amin Khan Gandapur has asked the Environment Department for submission of the... Published 14 May, 2025 05:56am
PTI’s KP president Akbar resigns from post of chairman PAC ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) party president for Khyber Pakhtunkhwa, Junaid Akbar, has resigned as... Published 14 May, 2025 05:56am
Markets BISP Chairperson, WFP official discuss collaboration ISLAMABAD: Chair-person Benazir Income Support Programme (BISP) Rubina Khalid held a meeting with World Food... Published 14 May, 2025 05:56am
Quake tremors felt in Kalat QUETTA: Earthquake tremors were felt in Balochistan’s district Kalat and its surrounding areas earlier on ... Published 14 May, 2025 05:56am
PARTLY FACETIOUS: Promoting Chinese fighter planes in a big way “You know, we show-cased the Chinese jets to the world, including the French Rafale, and I bet they have a massive... Updated 14 May, 2025 07:11am
Letters ‘After aerial humiliation, panicked India bombed its own people’ This is apropos a letter to the Editor carried by the newspaper on Monday. In this writer’s view, the gravest... Published 14 May, 2025 05:56am
Meezan Bank pays tribute to armed forces KARACHI: In a heartfelt show of unity and gratitude, Meezan Bank held a special ceremony at its Head Office in... Updated 14 May, 2025 10:50am
CM Maryam’s Safe Punjab vision: 51,433 POs arrested in crackdown across province LAHORE: In line with Chief Minister Maryam Nawaz Sharif’s Safe Punjab Vision, the crackdown by Punjab Police... Published 14 May, 2025 05:56am
ATC seeks final arguments in May 9 case ISLAMABAD: An Anti-Terrorism Court (ATC) on Tuesday sought final arguments in the May 9 case after the accused... Published 14 May, 2025 05:56am
Flight operations at IIAP return to normal ISLAMABAD: Flight operations at Islamabad International Airport (IIAP) have steadily returned to normal between May... Published 14 May, 2025 05:56am
‘Renewed social contract required to elevates education’ LAHORE: Experts at a session held here on Tuesday stated that Pakistan’s education system is at a crossroads and... Published 14 May, 2025 05:56am
IHC orders to remove names of Aleema Khan, Raoof Hasan from ECL ISLAMABAD: The Islamabad High Court (IHC) ordered the removal of the names of Aleema Khan, sister of former prime... Published 14 May, 2025 05:56am
IK’s orders regarding Junaid Akbar to be implemented soon: Gohar ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Barrister GoharAli Khan said on Tuesday that the founder’s... Published 14 May, 2025 05:56am
Latif’s voice still echoes in post-modern age: Speakers HYDERABAD: Speakers on Tuesday have said that the voice of Hazrat Shah Abdul Latif Bhittai still echoes in the... Published 14 May, 2025 05:56am
Supply, availability of essential food items: Minister directed to take all steps ISLAMABAD: Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar Tuesday directed Minister for Food... Published 14 May, 2025 05:56am
Ministers hail unity, outline four-year agriculture plan LAHORE: Punjab Minister for Agriculture Syed Ashiq Hussain Kirmani, Minister for Information Azma Bukhari, and... Published 14 May, 2025 05:56am
PM praises Erdogan ISLAMABAD: Prime Minister Shehbaz Sharif turned to social media on Tuesday to heap praise on Turkish President Recep... Published 14 May, 2025 05:56am
PNS Hunain visits Oman ISLAMABAD,: Pakistan Navy Ship (PNS) Hunain visited Oman as part of its deployment for the Regional Maritime ... Published 14 May, 2025 05:56am
Poverty alleviation, health ministries agree on mutual collaboration ISLAMABAD: The federal Ministries of Poverty Alleviation and Social Safety, and National Health Services, ... Published 14 May, 2025 05:56am
Indian HC staff member declared persona non grata ISLAMABAD: In a “tit-for-tat move, a staff member of the Indian High Commission, Islamabad, declared as persona ... Published 14 May, 2025 05:56am
Rates BRIndex100 and BR Sectoral Indices KARACHI: BRIndex100 and BR Sectoral Indices on Tuesday (May 13, 2025). ==================================== BR... Published 14 May, 2025 05:56am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (May 13, 2025). ======================================= Offset ... Published 14 May, 2025 05:56am
Grains Lahore Grain Market Rates LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 13, 2025)... Published 14 May, 2025 05:56am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 13, 2025).... Published 14 May, 2025 05:56am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (May 13, 2025).... Published 14 May, 2025 05:56am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (May 13, 2025). ======================== Open Bid Rs... Published 14 May, 2025 05:56am
Forex Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 14 May, 2025 05:56am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (May 13, 2025). ========================== KIBOR... Published 14 May, 2025 05:56am
Forex Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 14 May, 2025 05:56am
Commodities Gold rebounds strongly after mammoth fall KARACHI: Gold on Tuesday rebounded strongly after a mammoth fall the other day with global market moving past $3,250... Published 14 May, 2025 05:56am
Commodities Malaysian palm oil surges on stronger soyoils KUALA LUMPUR: Malaysian palm oil futures extended gains to the third straight session on Tuesday after a long ... Published 14 May, 2025 05:56am
Rates Activities of Karachi Port Trust KARACHI: The Karachi Port Trust handled 71,701 tonnes of cargo comprising 42,568 tonnes of import cargo and 29,133... Published 14 May, 2025 05:56am
Energy Crude oil climbs more than $1 on tariff cuts HOUSTON: Crude oil futures climbed more than $1 a barrel on Tuesday, lifted by a temporary cut in US-China tariffs... Published 14 May, 2025 05:56am
Energy US natgas prices up on output decline NEW YORK: US natural gas futures edged up about 1% on Tuesday on a drop in output in recent weeks. That small price... Published 14 May, 2025 05:56am
Cotton & Textile Mills take interest in quality cotton buying LAHORE: The local cotton market on Tuesday remained steady and the trading volume remained satisfactory. Cotton... Published 14 May, 2025 05:56am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (May 13, 2025)... Published 14 May, 2025 05:56am
Stocks Nikkei jumps on Sino-US tariff truce TOKYO: Japan’s Nikkei share average jumped to the highest in almost three months on Tuesday as the US and China... Published 14 May, 2025 05:56am
Stocks China stocks largely flat, HK retreats HONG KONG: Chinese shares notched up marginal gains on Tuesday whereas those in Hong Kong fell, as the initial... Published 14 May, 2025 05:56am
Stocks European equities close higher for fourth day FRANKFURT: European stocks ended slightly higher on Tuesday, as positive momentum fueled by a soft US inflation... Published 14 May, 2025 05:56am
Stocks S&P 500, Nasdaq rise on trade optimism after soft inflation data NEW YORK: The S&P 500 and the Nasdaq advanced on Tuesday on softer-than-expected inflation numbers and market... Published 14 May, 2025 05:56am
Companies SHRC, GTR tyres join hands for developing new designs KARACHI: Shandong Hueshang Rubber Company (SHRC) and GTR tyres have joined hands for developing new tyre designs for... Published 14 May, 2025 05:56am
Taxes Tax laws termed ‘death warrants for industries’ KARACHI: Industrialists categorically rejected the recently introduced Tax Laws (Amendment) Ordinance, 2025,... Published 14 May, 2025 05:56am
Commodities PMEX daily trading report KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 45.978 billion... Published 14 May, 2025 05:56am
Commodities Iron ore up on China-US trade truce BEIJING: Prices of iron ore futures touched a more than two-week high on Tuesday, supported by a US-China temporary... Published 14 May, 2025 05:56am
Commodities Japanese rubber futures hit over one-month high SINGAPORE: Japanese rubber futures rose to their highest in more than a month on Tuesday after a temporary truce in... Published 14 May, 2025 05:56am
Commodities Copper up on temporary US-China trade truce LONDON: Copper prices rose on Tuesday after the United States said it would cut some tariffs on imports from China,... Published 14 May, 2025 05:56am
Commodities Gold regains some ground as dollar eases, trade optimism fades NEW YORK: Gold prices rose on Tuesday as the dollar crept lower and initial optimism over a trade truce between the... Published 14 May, 2025 05:56am