FBR launches probe into foreign assets of former SBP governor
ISLAMABAD: In a dramatic and high-stakes development, the Federal Board of Revenue (FBR) has initiated a sweeping investigation into the...
Pakistan’s forex reserves climb $277m in a week: SBP
KARACHI: Pakistan’s foreign exchange (forex) reserves witnessed a notable increase of $277 million during the week ended June 6, 2025,...
No change expected in policy rate at June 2025 MPC meeting
KARACHI: The State Bank of Pakistan (SBP) is set to announce its monetary policy on June 16, 2025. Brokerage firm...
KP unveils Rs2,119bn budget for FY2025-26
PESHAWAR: Khyber Pakhtunkhwa has unveiled a provincial budget of Rs2,119 billion for fiscal year 2025-26. The finance minister, while presenting...
Zong partners with Axis Mall to launch Pakistan’s first smart building management system
ISLAMABAD: Zong, Pakistan’s leading technology innovation company has partnered with Axis Mall and apartments – V One Associates to deploy...
CM Murad Ali Shah unveils Rs3,450bn Sindh budget 2025-26
KARACHI: Sindh Chief Minister Murad Ali Shah on Friday presented a provincial budget of Rs3,450 billion for the fiscal year...
Govt introduces e-Bilty tracking system, auction safeguards in Customs Law—but no relief for wrongfully penalized importers
LAHORE: In a significant overhaul of the Customs Act, 1969, the federal government has approved multiple amendments aimed at tightening...
FBR to generate Rs7b via sales tax hike on small vehicles
ISLAMABAD: The Federal Board of Revenue (FBR) has projected an additional revenue gain of Rs7 billion following a proposed revision...
FTO hails Punjab CM’s decision regarding budget
LAHORE: Federal Tax Ombudsman (FTO) Coordinator Saif-ur-Rehman Friday hailed the decision of Punjab Chief Minister to present a pro-poor and...
Pakistan prioritizes green ports and climate-resilient maritime infrastructure in new strategy
KARACHI: Pakistan’s maritime sector is set to undergo comprehensive modernization focused on environmental sustainability and climate resilience, as part of...
FBR grants Inland Revenue officers powers to arrest company executives for tax fraud
ISLAMABAD: The Federal Board of Revenue (FBR) has granted Inland Revenue (IR) officers the explicit authority to arrest directors, chief...
Govt rolls out new Digital Tax Law
LAHORE: The federal government has introduced a brand-new law, the “Digital Presence Proceeds Tax Act 2025,” to tighten control over...
FBR to boost tax revenues through enforcement measures: Rashid Mehmood Langrial
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has said that the enforcement measures would be extended to...
Faisalabad textile industry faces rising challenges post-budget
FAISALABAD: Difficulties for the textile industry in Faisalabad have intensified following the announcement of the federal budget. According to details...
Non-tax revenue projected at Rs5.147 trillion in budget 2025–26
ISLAMABAD: The government expected to collect Rs5.147 trillion under non-tax revenue in the fiscal year 2025–26. According to details, a...
IMF raises concern over Rs344bn grants issued without NA’s approval
ISLAMABAD: The International Monetary Fund (IMF) has expressed serious reservations over the federal government’s decision to issue supplementary grants amounting...
ICCI welcomes defense budget increase
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) on Wednesday has lauded the federal government’s decision to enhance the...
SBP to announce monetary policy on June 16
ISLAMABAD: The State Bank of Pakistan (SBP) will announce Monetary Policy on June 16 in a meeting of the Monetary...
Sindh budget 2025-26: Key proposals finalised
KARACHI: The Sindh government has finalized its budget 2025–26 proposals, according to media reports. Sindh budget 2025-26 will be presented...
SECP registers record-breaking 3,609 new companies
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has registered a historic high of 3,609 companies in May 2025,...
