Exit from FATF ‘grey list’

“The FATF welcomes Pakistan’s significant progress in improving its AML/CFT regime. Pakistan has strengthened the effectiveness of its AML/CFT regime and addressed technical deficiencies to meet the commitments of its action...

IHC asks govt to ensure no ‘unlawful’ protest is held in ICT

ISLAMABAD: The Islamabad High Court (IHC) directed the Secretary Ministry of Interior and chief commissioner federal capital to ensure that no unlawful protest is held in ICT that creates a situation of lockdown or disrupts peac...

06-Oct-2024 Read More

Karachi set to receive Rs218bn this year: CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, during a meeting with the elected body of the National Press Club Islamabad, said that approximately Rs1,000 billion is needed for the development of Karachi every year, however...

06-Oct-2024 Read More

Immovable properties: FTO sets deadline for revision of valuations

ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued a notice to the Chairman Federal Board of Revenue (FBR) calling for an explanation for delay of over one year in revision of valuations of immoveable properties across Pakist...

06-Oct-2024 Read More

Confiscated goods worth millions stolen from KICT, QICT

KARACHI: A huge quantity of confiscated goods including machine parts, electronic items and aluminium sheets worth millions of rupees have been stolen from the Karachi International Container Terminal (KICT) and Qasim Internatio...

06-Oct-2024 Read More

Imposing more taxes for generating more revenue no solution, says analyst

KARACHI: Ateeq Ur Rehman economic & financial analyst said that imposing more taxes for generating more revenue is not the solution rather the expansion of the tax base should be by incorporating new tax payers and not over ...

06-Oct-2024 Read More