Senate panel bashes FBR performance, approves new taxes in budget
ISLAMABAD: The Senate Standing Committee on Finance voiced strong criticism of the Federal Board of Revenue (FBR) during its review...
SBP simplifies rules for conversion to Islamic banking branches
KARACHI: The State Bank of Pakistan (SBP) has relaxed the regulatory framework governing the conversion of conventional banking branches into...
Chinese consortium to expand investment in Pakistan’s capital market infrastructure
ISLAMABAD: Chinese investors have reaffirmed their long-term commitment to Pakistan’s capital markets following the resolution of key regulatory matters by...
Banks must upload account data to FBR Hub under FY27 Bill
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed mandatory electronic data sharing by all banks and Electronic Money Institutions...
FBR Bahawalpur Zone recovers Rs530m in record enforcement drive
BAHAWALPUR: The Federal Board of Revenue (FBR) Bahawalpur Zone has recovered over Rs530 million in taxes from Islamia University of...
Traders demand removal of Rs25,000 fixed tax in Finance Bill 2026
LAHORE: The business community has called on the government to withdraw the fixed tax component from the newly proposed trader...
Finance Bill 2026 expands FBR audit powers under sales tax law
ISLAMABAD: The Finance Bill 2026 has proposed significant amendments to Section 25 of the Sales Tax Act, 1990, granting Inland...
Karachi Port climbs 30 places in global container index
KARACHI: Karachi Port Trust (KPT) has achieved a significant milestone by improving its position in the global Container Port Performance...
Punjab budget for FY 2026-27 approved, to be presented tomorrow
LAHORE: The Chief Minister of Punjab has approved the presentation of the provincial budget for the financial year 2026-27 on...
Karachi Port surpasses 2,000 ship calls, marking eight-year high, Junaid Anwar
KARACHI: Karachi Port has crossed the milestone of 2,000 vessel calls for the first time in nearly eight years, reflecting...
PSW, NTC ink accord to automate Tariff System
ISLAMABAD: National Tariff Commission (NTC) and Pakistan Single Window (PSW) have signed a landmark agreement to automate tariff processes and...
Senate panel approves abolition of CVT on foreign assets
ISLAMABAD: In a significant relief measure for overseas asset holders, the Senate Standing Committee on Finance and Revenue has approved...
Finance minister signals plan to phase out super tax
ISLAMABAD: Finance Minister Muhammad Aurangzeb has indicated that Pakistan is working towards the gradual abolition of the super tax, reaffirming...
SBP keeps policy rate unchanged at 11.5pc
KARACHI: The State Bank of Pakistan (SBP) on Monday kept the policy rate unchanged at 11.5 percent. According to financial...
FBR to launch faceless tax audit system
ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...
FBR bans PDF financial statements for companies
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a major shift toward digital tax administration through the Finance Bill...
SBP unveils first-ever research agenda for 2026-2029
KARACHI: The State Bank of Pakistan (SBP) has launched its inaugural Research Agenda for 2026-2029, outlining key research priorities aimed...
Pakistan empowers custom courts to freeze assets in illegal fund transfer trials
ISLAMABAD: The Pakistani government has introduced a major legislative amendment through the Finance Bill, 2026, granting Special Judges the authority...
Media-Business partnership key to economic growth: Atif Ikram Sheikh
ISLAMABAD: The 1st/2026 meeting of FPCCI Central Standing Committee on “Media & Broadcasting” was held here at FPCCI Capital Office,...
Business leaders seek greater relief for salaried class in budget 2026-27
ISLAMABAD: Leading business representatives have expressed mixed reactions to the federal budget, arguing that the salaried class deserved greater relief...
