Thu 18th June 2026
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Pakistan, Canada hold investment treaty talks to boost economic cooperation
OTTAWA: A high-level Pakistani delegation led by Additional Secretary of the Board of Investment (BoI) Zulfiqar Ali is currently in...
Pakistan’s external borrowing surges by $5.21b in 11 months
ISLAMABAD: Pakistan’s external borrowing has increased by 5.21 billion dollars compared to the previous year, according to official documents. The...
New, simple electricity bill format launched
ISLAMABAD: The Power Division has introduced a new and simplified electricity bill format across the country to improve consumer convenience,...
FCC declares property tax regime ‘confiscatory’
ISLAMABAD: The Federal Constitutional Court has held that Section 7E of the Income Tax Ordinance, 2001, was effectively illusory and...
Punjab proposes higher sales tax on restaurant payments via cards
LAHORE: The Punjab government has proposed an increase in sales tax on restaurant payments made through digital channels under the...
FBR reveals 9,000 Pakistanis hold Rs750b in bank deposits but pay no income tax
ISLAMABAD: Chairman of the Federal Board of Revenue (FBR), Rashid Mahmood Langrial, has disclosed that around 9,000 individuals in Pakistan...
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Karachi Port freezes proposed 5pc tariff increase for FY2026-27
KARACHI: Karachi Port has frozen a proposed 5% tariff increase for the fiscal year 2026-27, a move aimed at reducing...
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Punjab slashes annual development Budget by 40pc
LAHORE: The Punjab government has announced a significantly smaller Annual Development Program (ADP) for fiscal year 2026-27, allocating Rs. 752...
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Balochistan presents Rs1.089tr surplus budget for FY2026-27
QUETTA: The Balochistan government on Wednesday presented a Rs1.089 trillion surplus budget for the fiscal year 2026-27, outlining major allocations...
KP govt to present three-month budget
PESHAWAR: The Khyber Pakhtunkhwa government has decided to present only a three-month budget for the next financial year instead of...
FBR Bahawalpur Zone recovers Rs530m in record enforcement drive
BAHAWALPUR: The Federal Board of Revenue (FBR) Bahawalpur Zone has recovered over Rs530 million in taxes from Islamia University of...
FBR to launch faceless tax audit system
ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...
BMP questions budget’s ambitious tax target, fears more reliance on levies
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Businessmen Panel (BMP) has questioned the government’s ambitious budget...
RCCI holds post-budget session to review Federal Budget 2026
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) on Wednesday held a post-budget session to review and analyse the...
Karachi jewellers announce strike call over FBR actions
KARACHI: The All Pakistan Sarafa Gems and Jewellers Association has announced a strike call for Tuesday, with markets in Karachi...
Traders demand removal of Rs25,000 fixed tax in Finance Bill 2026
LAHORE: The business community has called on the government to withdraw the fixed tax component from the newly proposed trader...
World Bank mission reviews Sukkur Barrage project
SUKKUR: A World Bank Implementation Support Mission on Wednesday visited the Sukkur Barrage Rehabilitation Project to assess on-ground progress and...
New, simple electricity bill format launched
ISLAMABAD: The Power Division has introduced a new and simplified electricity bill format across the country to improve consumer convenience,...
Petrol prices in Pakistan likely to decline
ISLAMABAD: Following a sharp decline in global crude oil prices, petroleum product prices in Pakistan are expected to decrease in...
Chinese consortium to expand investment in Pakistan’s capital market infrastructure
ISLAMABAD: Chinese investors have reaffirmed their long-term commitment to Pakistan’s capital markets following the resolution of key regulatory matters by...
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