Asian Development Bank okays $800m for Pakistan
KARACHI: The Asian Development Bank (ADB) has approved $800 million loan for Pakistan. According to the ADB’s official statement, the...
FBR secures Rs36.14b in favorable tax case rulings
ISLAMABAD: The Federal Board of Revenue (FBR) has achieved a significant breakthrough in its efforts to recover long-pending tax arrears,...
PM Shehbaz expresses strong satisfaction over Faceless Customs Reforms
ISLAMABAD: Prime Minister Shehbaz Sharif expressed profound satisfaction with the impressive progress and performance of the faceless customs assessment system,...
IMF ‘agrees’ to income tax relief for salaried class in budget 2025-26
ISLAMABAD: In a major development during ongoing budget negotiations between Pakistan and the International Monetary Fund (IMF), the Fund has...
Crypto council agrees on technical committee to draft framework for digital and virtual assets
ISLAMABAD: The Pakistan Crypto Council (PCC) has agreed to form a technical committee to draft a framework for digital and...
Pakistan fixes big trade data gaps with help from Customs & PBS
KARACHI: Pakistan Customs and the Pakistan Bureau of Statistics (PBS) have successfully fixed major differences in trade data after a...
Customs Court approves bail of accused in Tramadol smuggling case
KARACHI: A man named Hameedullah Khan, son of Muhammad Abdul Ghaffar, has been granted bail by the Special Court for...
No criminal proceedings for tax arrears until final liability determined: Lahore High Court
LAHORE: In a significant ruling, the Lahore High Court (LHC) has held that no criminal proceedings can be initiated against...
PTBA urges FBR to extend e-integration deadline for corporate sales taxpayers
ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to extend the deadline for...
PM Shehbaz chairs review meeting on FBR reforms
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif chaired a high-level review meeting today to assess ongoing reforms and initiatives within the...
Budget 2025-26: Pakistan sets economic growth target at 4.2pc
ISLAMABAD: The Pakistan government has set economic targets for the upcoming Budget 2025-26 budget. As per details, the government has...
Govt increases petrol price by Re1 per litre
ISLAMABAD: The federal government has hiked the petrol price by Re1 for the next fortnight. After this decision, the new...
Salaried class likely to get tax relief in budget after IMF nod
ISLAMABAD: The International Monetary Fund (IMF) has reportedly agreed to provide income tax relief to the salaried class in the...
Customs officers accused of shooting dead youth in Karachi
KARACHI: A young man was killed in alleged firing by Customs officials near the Boat Basin signal in Karachi. According...
42pc people express confidence in govt’s economic policies
KARACHI: A recent survey conducted by Ipsos Pakistan revealed that 42 per cent of Pakistanis express confidence in the current...
Sindh farmers urge FBR to cut duties on tractors in upcoming budget to support agriculture
KARACHI: Small farmers from Sindh have formally requested the Federal Board of Revenue (FBR) to reduce the customs duty on...
Summary of proposed tax measures for FY26 budget
ISLAMABAD: Key tax proposals for the upcoming fiscal year 2025-26 budget are emerging, indicating a strategic focus on enhancing corporate...
FBR’s provisional collection tops Rs935b in May, shortfall narrows
ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected over Rs935 billion in May 2025, falling short of its...
FBR official stresses importance of proper document submission
LAHORE: In a recent awareness lecture delivered at the Lahore Tax Bar, Member Inland Revenue Muhammad Mohsin Virk underscored the...
Tariff talks: FinMin Aurangzeb holds telephonic contact with US representative
LAHORE: Formal negotiations have begun between Pakistan and the United States on mutual tariffs. In this regard, Federal Finance Minister...
