Pakistan and Iraq have reaffirmed their resolve to continue collaborating closely to further strengthen bilateral ties and coordinate at the multilateral fora.The understanding to this effect came during a meeting of Foreign Minister Bilawal Bhutto Zar…

Economic Coordination Committee at its meeting chaired by Finance Minister Ishaq Dar in Islamabad on Friday approved a technical supplementary grant of five billion rupees for conduct of the seventh population census in the country.Federal Board of Rev…

The outflow of profits and dividends on foreign investments plunged by 88 percent during the first quarter (July-Sept) of the current fiscal year (FY23) compared to the same period last year.According to the State Bank of Pakistan, multinational compan…

Prime Minister Shehbaz Sharif has urged Chinese companies to take advantage of investment opportunities, Pakistan offers in areas of industry, agriculture modernisation, infrastructure, green energy and digital economy.In an article appeared on the web…

A Russian delegation Wednesday told Federal Minister for National Food Security Tariq Bashir Cheema that Russia is looking to increase rice imports from Pakistan.The delegation comprising representatives of Prodintorg, a state-owned Russian company, Ag…

The Federal Board of Revenue (FBR) has enabled a refund adjustment tab in the tax return forms to ensure smooth filing of returns and improve ease of doing business and decrease the cost of compliance for taxpayers. According to an official statement released by FBR, the said facility will enable taxpayers to adjust their pending

The Federal Board of Revenue (FBR) has imposed a new restriction on the incoming international passengers to declare foreign currency of $10,000 or above at the time of arrival at the airports. In this regard, the FBR has issued the draft of the new “Customs Declaration form“ for the incoming international passengers for declaration of

Finance Minister Miftah Ismael has said that the economy is heading in the right direction due to government’s prudent economic policies.This he said during a meeting with Punjab Governor Muhammad Baligh ur Rehman in Lahore on Monday.During the meeting…

The United States has announced an additional 30 million dollars humanitarian assistance to support the flood affected people of Pakistan.According to the US Embassy in Islamabad, in addition to the 30 million dollars urgently needed humanitarian assis…