FDI drops to $1.98b in 11MFY25: SBP
KARACHI: The State Bank of Pakistan (SBP) has reported a decline in Foreign Direct Investment (FDI) during the first 11...
FPCCI body to negotiate on law regarding businessmen’s arrest
LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) rejected the law permitting arrest of businessmen and constituted an...
FBR rolls out ‘Certificate of Eligibility’ on IRIS Portal
ISLAMABAD: In a significant step towards enforcing tax compliance in high-value transactions, the Federal Board of Revenue (FBR) has integrated...
Commerce ministry plans to reform Trade Organization Rules 2013
ISLAMABAD: The Ministry of Commerce has launched a nationwide campaign of awareness and consultative sessions aimed at updating the Trade...
AJK govt presents ‘tax-free’ budget for FY2025-26
MUZAFFARABAD: Azad Jammu and Kashmir Finance Minister Abdul Majid Khan on Wednesday presented a tax-free budget for the fiscal year...
Solar tax cut to 10pc after review, confirms Dar
ISLAMABAD: Deputy Prime Minister and Foreign Minister, Senator Muhammad Ishaq Dar on Wednesday said that the digital sales tax on...
Pakistan to tax online academies, freelance teachers under Finance Bill 2025
ISLAMABAD: In the newly proposed Finance Bill 2025, federal government has introduced a clause to levy income tax on online...
Govt unveils draft National Tariff Policy 2025–30
ISLAMABAD: The Government of Pakistan unveiled the draft National Tariff Policy (NTP) 2025–30 during the National Regulatory Reforms Conference organized...
Senate body warns FBR over provincial tax domain, backs abolition of property FED
ISLAMABAD: The Senate Standing Committee on Finance and Revenue has issued a stern warning to the Federal Board of Revenue...
Aurangzeb reaffirms commitment to structural reforms for competitive economy
ISLAMABAD: Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Tuesday reaffirmed the government’s resolve to ensure structural reforms to...
Pakistan registers $1.81b current account surplus in FY-2024
KARACHI: In a positive development for Pakistan’s economy, the country posted a current account surplus of $1.812 billion during the...
SBP expects profit to hit Rs2.4tr in FY25 ending this month
KARACHI: The State Bank of Pakistan (SBP) has said that it expects profit to reach Rs2.4 trillion in outgoing fiscal...
Balochistan unveils Rs1,028bn budget for FY2025-26
QUETTA: Balochistan Finance Minister Mir Shoaib Nosherwani is presenting Rs1,028 billion budget for fiscal year 2025-26. According to the finance...
No new taxes imposed in Punjab budget 2025-26, says finance minister
LAHORE: Punjab Finance Minister Mujtaba Shujaur Rehman announced that no new taxes have been introduced in the provincial budget for...
Pakistan, US agree to expedite finalisation of trade deal
ISLAMABAD: Pakistan and the United States have resolved to carry forward their negotiations through a constructive engagement to finalise the...
Only 12 Pakistanis declare assets over Rs10b amidst wealth underreporting
ISLAMABAD: In a startling disclosure before the National Assembly’s Standing Committee on Finance, Federal Board of Revenue (FBR) Chairman Rashid...
Govt wants to delay pension reforms for military to next year
LAHORE: The federal government is considering delaying the implementation of pension reforms for armed forces personnel by one year, amid...
Sindh to adopt UN’s CPC system for sales tax on services
KARACHI: In a significant step towards modernizing its tax administration and aligning with global best practices, the Sindh government has...
FBR distributes controversial Honda fleet, issues strict usage SOPs
ISLAMABAD: The Federal Board of Revenue (FBR) has officially commenced the distribution of brand-new Honda City vehicles to its tax...
Govt limits FBR’s arrest powers after public, businessmen concerns
ISLAMABAD: The federal government decided to limit the proposed powers of the Federal Board of Revenue (FBR) for arresting company...
