Thu 23rd July 2026
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FBR revises FED rates on domestic & international air travel
ISLAMABAD: The Federal Board of Revenue (FBR) has revised the Federal Excise Duty (FED) rates on domestic and international air...
FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report
ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...
Pakistan banks expected to report lower Q2 2026 profits
KARACHI: Pakistan’s banking sector is expected to report lower earnings in the second quarter of 2026 as the impact of...
FTO orders FBR to fix IRIS glitches blocking Rs2.3m tax credit
ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) cannot use technical limitations of...
FBR imposes excise duty on e-liquids used in vapes & e-cigarettes
ISLAMABAD: The Federal Board of Revenue (FBR) has for the first time brought e-liquids used in vapes and electronic cigarettes...
Pakistan, Iran discuss trade, economic cooperation and connectivity
ISLAMABAD: Iran's Deputy Minister of Transport Mehran Ghorbani and Deputy Minister of Interior for Economic Affairs Mehdi Dousti met Minister...
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Pakistan Customs orders KICT to clear container backlog within a week
Pakistan Customs has ordered officials to clear the backlog of import and export containers at the Karachi International Container Terminal...
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FTO makes online hearings default for tax complaints
LAHORE: The Federal Tax Ombudsman (FTO) has made online hearings the default mode for resolving tax complaints at its headquarters...
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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...
Pakistan’s cotton output falls to less than half of peak level: OICCI report
KARACHI: Pakistan's cotton production has dropped to less than half of its historic peak, causing the country an estimated annual...
PTBA raises legal concerns over fixed Tax Scheme for small shopkeepers
SLAMABAD: The Pakistan Tax Bar Association (PTBA) has expressed serious legal and procedural concerns regarding the Fixed Tax Scheme (FTS)...
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...
Petrol pump owners defer nationwide strike after negotiations with govt
ISLAMABAD: The All Pakistan Petrol Pumps Owners Association (APPPOA) on Wednesday postponed its planned nationwide strike after successful negotiations with...
FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report
ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...
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...
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