Mon 1st June 2026
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Govt plans massive tariff cuts in Budget 2026-27 to boost industry & exports
ISLAMABAD: The federal government is preparing to introduce a major tariff reduction package in the Budget 2026-27 aimed at lowering...
President summons NA, Senate budget sessions on June 5
ISLAMABAD: President Asif Ali Zardari has summoned sessions of the National Assembly and Senate on June 5, with both houses...
Customs launches nationwide crackdown on smuggling, seizes tyres, fuel, betel nuts and NCP vehicles
LAHORE: Customs authorities have intensified a nationwide enforcement campaign against smuggled goods, non-duty-paid vehicles, petroleum products and other contraband items...
FBR tightens registration rules for international NGOs operating in Pakistan
ISLAMABAD: The Federal Board of Revenue (FBR) has amended the Income Tax Rules, 2002, introducing stricter registration requirements for international...
MTO Karachi exceeds May tax collection target by Rs2b
KARACHI: The Medium Taxpayers’ Office (MTO) Karachi has surpassed its tax collection target for May 2026, collecting Rs27 billion against...
FBR revenue shortfall swells to Rs868b as tax collection misses target
ISLAMABAD: The Federal Board of Revenue (FBR) recorded a revenue gap of Rs868 billion during the first 11 months of...
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Sindh govt finalises over Rs900b development budget for FY2026-27
KARACHI: The Sindh government has completed preparations for its Annual Development Budget for the fiscal year 2026-27, proposing a total...
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Customs launches nationwide crackdown on smuggling, seizes tyres, fuel, betel nuts and NCP vehicles
LAHORE: Customs authorities have intensified a nationwide enforcement campaign against smuggled goods, non-duty-paid vehicles, petroleum products and other contraband items...
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FBR recovers Rs4m from Cheezious in tax compliance action
SAHIWAL: The Federal Board of Revenue (FBR) has recovered Rs. 4 million from popular fast-food chain Cheezious following an enforcement...
PM meets senior Chinese corporate executives
HANGZHOU: Prime Minister Muhammad Shehbaz Sharif, who is currently on an official visit to China, met with senior Chinese corporate...
KP Food Authority holds training session on TFA
PESHAWAR: A training session on salt iodization, control of industrially produced Trans Fatty Acids (TFA), and loose edible oil was...
Pakistan’s leading oil refineries warn of shutting down production over smuggling
ISLAMABAD: Five of Pakistan’s largest oil refineries on Thursday warned that increasing smuggling of petroleum products is threatening refinery operations...
PIAF welcomes Rs200b tariff relief, calls for comprehensive industrial reforms
LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has welcomed the government’s decision to provide approximately Rs200 billion in...
KTBA urges govt to reduce higher WHT on property
KARACHI: The Karachi Tax Bar Association (KTBA) has urged the government and the Federal Board of Revenue (FBR) to reduce...
LCCI President Faheem Sehgal seeks extension in business hours
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) has called on the government to continue relaxed business hours beyond June...
ICCI hopes for business-friendly, export-oriented federal budget
ISLAMABAD: President of the Islamabad Chamber of Commerce and Industry, Sardar Tahir Mehmood, has expressed the hope that the forthcoming...
LPG price increases by Rs4.95 per kg
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the price of LPG (liquefied petroleum gas). According to an...
President summons NA, Senate budget sessions on June 5
ISLAMABAD: President Asif Ali Zardari has summoned sessions of the National Assembly and Senate on June 5, with both houses...
Gohar Ejaz introduces sample one-page income tax return form
LAHORE: The Chairman of Economic Policy and Business Development of Pakistan and a former caretaker federal minister, Gohar Ejaz, has...
Petrol pump owners demand end to weekly fuel price changes
LAHORE: The All Pakistan Petrol Pump Owners Association has expressed strong reservations about the existing mechanism for determining petroleum product...
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