FBR revises cargo declaration rules for importers, sets August 15 implementation date
ISLAMABAD: The Federal Board of Revenue (FBR) has revised the requirements for incoming cargo declarations (IGMs) for import consignments, with...
Govt borrows Rs3.5 trillion in 11 months despite IMF warning
KARACHI: The federal government borrowed Rs3.5 trillion from commercial banks in the first 11 months of fiscal year 2026, State...
Pakistan ‘considers’ changing federal budget 2026–27 presentation date
ISLAMABAD: The federal government is reportedly considering a change in the previously announced date for the presentation of the 2026–27...
FBR collects Rs518b in Salary Tax
ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs518.48 billion in income tax from salaried individuals during the first eleven...
DG Valuation revises customs values for imported passenger tyres vide VR No.2086/2026
KARACHI: The Federal Board of Revenue (FBR) has revised the customs values of imported tyres and tubes for passenger vehicles,...
Fixed Tax Scheme to encourage voluntary compliance, broader tax base: ICCI
ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has welcomed the government’s Fixed Tax Facilitation Scheme....
Federal govt proposes major increase in GB development budget
ISLAMABAD: The federal government has proposed a significant increase in the development budget for Gilgit-Baltistan for the fiscal year 2026-27....
Pakistan cuts petrol price by Rs4 per litre
ISLAMABAD: Pakistan has announced a reduction in petrol prices in its latest weekly fuel price review, providing some relief to...
Pakistan signs MoU with Saudi, local partners to explore development of a maritime business
KARACHI: Pakistan has signed a memorandum of understanding (MoU) with Saudi and local partners to explore development of a maritime...
Pakistan, Saudi Arabia sign multiple investment agreements covering infrastructure & key sectors
RIYADH: Pakistan and Saudi Arabia have finalized multiple investment agreements aimed at expanding economic cooperation, with deals covering infrastructure, energy,...
FBR plans mandatory retail price labels on food items in budget 2026-27
ISLAMABAD: The Federal Board of Revenue (FBR) is considering making it mandatory to print retail prices on essential consumer goods...
Bilal Kayani chairs consultative meeting with Daraz, Alibaba representatives
ISLAMABAD: Minister of State for Finance and Revenue, Bilal Azhar Kayani chaired a consultative meeting with representatives of Daraz and...
ECC approves multiple development grants worth billions of rupees for national projects
ISLAMABAD: The Economic Coordination Committee (ECC) of Pakistan has approved a series of substantial financial grants and funding packages worth...
Budget 2026-27: Tax relief proposed for beauty parlours, skin clinics
ISLAMABAD: Several key tax proposals have emerged ahead of the upcoming fiscal year's budget, including possible relief measures for exporters,...
FBR declares ICTPL Karachi as new off-dock customs terminal
KARACHI: The Federal Board of Revenue (FBR) has declared M/s International Cargo Terminal Pakistan (Pvt) Ltd. (ICTPL), Karachi, as an...
FBR clears Lahore Customs inspector in corruption case
LAHORE: The Federal Board of Revenue (FBR) has cleared a Pakistan Customs inspector posted in Lahore in a corruption-related disciplinary...
KPRA team visits businesses to facilitate clearance of outstanding tax
PESHAWAR: A team of Khyber Pakhtunkhwa Revenue Authority (KPRA) led by Additional Collector KPRA Miss Wazir and Assistant Collector Mardan-Malakand...
Pakistan’s total liquid foreign reserves stand $22.64b
KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 22,636 million as of May 29, 2026 while reserves...
SBP, HomeNet Pakistan hold awareness session for women entrepreneurs
LAHORE: The State Bank of Pakistan (SBP), in collaboration with HomeNet Pakistan (HNP), organised an awareness and financial inclusion session...
Businessmen must adopt eco-friendly practices to safeguard environment
ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has called for greater environmental responsibility and collective...
