Thu 4th June 2026
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Born into debt: Every Pakistani owes over Rs333,000
ISLAMABAD: The debt burden on every Pakistani citizen increased by 13% during the last fiscal year, pushing per capita public...
Pakistan’s trade deficit hits record $34.75b in 11 months
ISLAMABAD: Pakistan’s trade deficit reached a record high of $34.75 billion during the first 11 months of the current fiscal...
Pakistan cement despatches fall 21% in May as domestic sales, exports decline
ISLAMABAD: Pakistan's cement industry recorded a sharp decline in sales during May 2026, with total cement despatches falling 21.02% year-on-year...
IMF pushes govt to end ex‑FATA, PATA tax relief
ISLAMABAD: The federal government is preparing to end tax exemptions for former tribal areas in the upcoming 2026‑27 budget. Officials...
Govt mulls tax relief package for exporters in Budget 2026-27
LAHORE: The federal government is reportedly preparing a package of tax relief measures for exporters as part of the upcoming...
NA budget session for FY 2026-27 on June 10: sources
ISLAMABAD: The federal budget for the fiscal year 2026-27 is expected to be presented in the National Assembly on June...
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Pakistan lines up three LNG cargoes to meet peak summer power demand
KARACHI: Pakistan has arranged three LNG cargoes under long-term contracts with Qatar and is seeking an additional spot cargo for...
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Punjab budget likely to be presented on June 12
LAHORE: The provincial government of Punjab is expected to present its budget on 12 June 2026, according to a summary...
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KP govt intensifies action against unregistered vehicles, token tax defaulters
PESHAWAR: In line with the ongoing efforts to ensure compliance with vehicle registration laws and improve tax enforcement, the Khyber...
IMF pushes govt to end ex‑FATA, PATA tax relief
ISLAMABAD: The federal government is preparing to end tax exemptions for former tribal areas in the upcoming 2026‑27 budget. Officials...
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...
Australian high commissioner visits SCCI
SIALKOT: Australian High Commissioner to Pakistan Timothy Kane visited the Sialkot Chamber of Commerce and Industry (SCCI) and held an...
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...
CCP approves acquisition of Pakistan oxygen’s liquid CO2 Plant by Pak Arab fertilizers
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of the liquid carbon dioxide (LCO2) plant of...
Pakistan cement despatches fall 21% in May as domestic sales, exports decline
ISLAMABAD: Pakistan's cement industry recorded a sharp decline in sales during May 2026, with total cement despatches falling 21.02% year-on-year...
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...
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