Tue 2nd June 2026
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FBR rejects claims of tax shortfall, says revenue performance remains strong
ISLAMABAD: The Federal Board of Revenue (FBR) has rejected speculation regarding a large tax shortfall, stating that its overall revenue...
Pakistan plans capital gains tax on cryptocurrency transactions in Budget 2026-27
ISLAMABAD: The federal government is planning to impose a capital gains tax (CGT) ranging from 10% to 30% on cryptocurrency...
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...
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...
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...
PM orders FBR to resolve tax refund cases by June 15
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has said that the country’s economy had stabilised through sustained hard work while further...
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SBP expands Naya Pakistan certificates to Saudi riyal & UAE dirham
KARACHI: The State Bank of Pakistan (SBP) announced issuance of Naya Pakistan Certificates in Saudi riyal and UAE dirham, offering...
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FTO ruling exposes alleged misuse of tax powers by FBR officials
LAHORE: The Federal Board of Revenue (FBR) officials are systematically misusing the powers available under Section 175C of the Income...
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KPRA team conducts field visits in Mardan, Swabi
PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA), Mardan, and Malakand Region conducted field visits in districts of Mardan and Swabi. The...
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...
IWCCI calls for dedicated financing for women-led enterprises
ISLAMABAD: With the federal budget for 2026-27 due to be presented in the National Assembly shortly, Samina Fazil, founder president...
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...
Pakistan cuts mango export target by 30,000 tons as Mideast crisis disrupts markets
ISLAMABAD: Pakistan’s mango exporters have cut this year’s export target by 30,000 tons, or nearly 30 percent, warning that conflict-related...
Pakistan plans capital gains tax on cryptocurrency transactions in Budget 2026-27
ISLAMABAD: The federal government is planning to impose a capital gains tax (CGT) ranging from 10% to 30% on cryptocurrency...
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...
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