FBR clarifies lengthy tax return form for Tax Year 2026

12/05/2026

ISLAMABAD: Pakistan’s annual payments to Independent Power Producers (IPPs) have surged to Rs3.4 trillion, officials revealed during a meeting of...

Pakistan must capitalize on emerging opportunities

LAHORE: Pakistan must capitalize on the emerging opportunities by formulating comprehensive economic and trade policies aimed at boosting investment, regional...

OICCI proposes tax relief for salaried class in Budget 2026-27

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has proposed a significant increase in the taxable salary income threshold...

Punjab, China open International Agri Exhibition & Conference 2026 in Lahore

LAHORE: Punjab Minister for Industry and Commerce Chaudhry Shafay Hussain and Chinese Consul General Sun Yan inaugurated the 19th International...

Roshan Digital Account attracts $12.7b inflows: SBP

KARACHI: Overseas Pakistanis continue to show strong confidence in the country’s economy as a total of $12.74 billion has been...

Pakistan receives $3.5b in workers’ remittances in April 2026

KARACHI: Pakistan recorded workers’ remittances of $3.5 billion in April 2026, marking an 11.4 percent increase compared to the same...

Junaid Anwar announces major fee cuts at Gwadar Port to attract global shipping

GWADAR: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Monday announced sweeping reductions in tariff rates at Gwadar...

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‘Gwadar Port sees boost with arrival of another transshipment vessel’

GWADAR: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Monday highlighted the growing transshipment potential of Gwadar Port...

FBR warns taxpayers to declare property details in tax returns

ISLAMABAD: Federal Board of Revenue (FBR) has warned taxpayers of strict legal action against non-declaration of property details in income...

FBR reports 37pc surge in revenue paid with income tax returns

ISLAMABAD: The Federal Board of Revenue has reported a 37 percent increase in revenue collected along with income tax returns...

FIA fines foreign shipping company over expired documents of crew

ISLAMABAD: Federal Investigation Agency (FIA) said on Sunday that it had fined a foreign shipping company Rs500,000 after a Syrian...

Barrick reaffirms commitment to Reko Diq Project

ISAMABAD: Pakistan government and mining company Barrick have reaffirmed their commitment to advancing the Reko Diq Project after Petroleum Minister...

IMF forecasts slower growth, higher inflation for Pakistan

ISLAMABAD: The International Monetary Fund has projected slower economic growth and higher inflation for Pakistan, highlighting the need for continued...

Govt raises petroleum levy; taxes hike petrol, diesel prices

ISLAMABAD: The government has increased the levy on petroleum products, adding to the cost burden on consumers and making petrol...

Experts urge expansion of Third Schedule in sales tax regime

ISLAMABAD: Tax experts, economists, and business leaders called for major reforms in Pakistan’s sales tax regime in the upcoming federal...

FPCCI felicitates nation, Pak Army on one year of Marka-e-Haq

LAHORE: The Federation of Pakistan Chambers of Commerce and Indsutry (FPCCI) and United Business Group (UBG) Saturday felicitated the entire...

Goods transport fares hiked by 10pc across Pakistan after fuel price surge

LAHORE: Following the recent increase in petroleum product prices, Pakistan Mini Mazda Goods Transport has announced a 10 percent hike...

Pakistan to issue $250m Panda bonds within 10 days as China grants approval

ISLAMABAD: Finance Minister Muhammad Aurangzeb informed the National Assembly Standing Committee on Finance that Pakistan had received final regulatory approval...

IMF approves $1.2bn loan tranche for Pakistan