Mon 20th July 2026
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FBR notifies sales tax rules for digitally integrated footwear supply chains
ISLAMABAD: The Federal Board of Revenue (FBR) has issued Sales Tax General Order (STGO) No. 11 of 2026, clarifying the...
FBR exempts certain POS-compliant footwear supplies from retail price tax
ISLAMABAD: The Federal Board of Revenue (FBR) has excluded certain supplies made through digitally integrated and point-of-sale-compliant channels from the...
Tax backlog hits 68,000 despite 24 private members inducted on monthly salaries of up to Rs2.6m; review panel formed
ISLAMABAD: Pakistan’s tax litigation backlog has climbed to around 68,000 cases despite the appointment of 24 private-sector members to the...
Bahrain pulls $30m from Pakistan bonds as Gulf war weighs on foreign investment
ISLAMABAD: Bahrain withdrew $30 million from Pakistan’s domestic bonds during the first 10 days of FY2026-27 as the Gulf conflict...
Aurangzeb reviews digital overhaul of FBR through Faceless Centre
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting to review the implementation roadmap and operational...
SC rejects FBR bid to impose 35pc tax on dividend income
ISLAMABAD: The Supreme Court has dismissed all appeals filed by the Federal Board of Revenue (FBR) seeking to impose a...
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Freelancers earn record $1.76b in FY26 says SBP
KARACHI: Pakistani freelancers earned a record $1.76 billion in foreign exchange during fiscal year 2025-26 (FY26), marking a 78 percent...
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Punjab raises concessionary tax rate to 8pc for hotels & restaurants
LAHORE: The Punjab government has increased the concessionary sales tax rate on services provided by hotels and restaurants from 5...
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Pakistan allows 26 World Food Programme containers to enter Afghanistan via Torkham
KHYBER: Pakistani customs authorities on Monday issued gate passes to as many as 26 World Food Programme (WFP) containers carrying...
Saudia opens first Khyber Pakhtunkhwa office in Peshawar
ISLAMABAD: Saudia has inaugurated its first office in Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province, KP Governor Faisal Karim Kundi said...
KP releases Rs80.7 billion for ongoing development projects
PESHAWAR: The Khyber Pakhtunkhwa government has released Rs80.7 billion for ongoing development projects under the Annual Development Programme (ADP) 2026–27,...
Pakistan successfully launches marine bunkering operations at Gwadar with first-ever refuelling
GWADAR: Pakistan has successfully conducted its first-ever marine bunkering operation at Gwadar Port, enabling the country to offer marine fuel...
ICCI hosts seminar to unlock untapped Pakistan-Netherlands trade potential
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) hosted a seminar titled “Enhancing Bilateral Trade between Pakistan and the...
Petrol pump owners reject proposed deregulation policy, warn of strike
RAWALPINDI: The All Pakistan Petroleum Dealers Association has rejected the government’s proposed petrol and diesel price deregulation policy and warned...
BOI showcases one-window business facilitation centre at ICCI awareness session
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI), in collaboration with the Board of Investment (BOI), organized an awareness...
RCCI calls for stronger industry-academia collaboration to drive a knowledge-based
RAWALPINDI: President Rawalpindi Chamber of Commerce and Industry (RCCI), Usman Shaukat, participated in a high-level interactive session at New York...
Pakistan starts daily petrol, diesel updates from today
ISLAMABAD: Pakistan has introduced a new daily pricing mechanism for petroleum products, replacing the previous periodic revision system. Under the...
Power tariff may rise across Pakistan, including Karachi, under June fuel cost adjustment
ISLAMABAD: Electricity consumers across Pakistan, including Karachi, may face a further increase in power tariffs after the Central Power Purchasing...
PIA buyers receive Rs14.2b in properties under privatisation deal
ISLAMABAD: The federal government has transferred 11 properties of Pakistan International Airlines (PIA), valued at Rs14.2 billion, to the consortium...
IHC approves Telenor Pakistan-Ufone merger
ISLAMABAD – The Islamabad High Court (IHC) has approved the merger of Telenor Pakistan Private Limited with Pakistan Telecom Mobile...
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