Govt likely to cut petrol price, diesel may get costlier
ISLAMABAD: The federal government is expected to revise petroleum prices later today amid reports of a whooping increase in high...
Over Rs5.7 trillion tax, customs cases pending in Pakistani courts
ISLAMABAD: Approximately 50,732 tax and customs-related cases worth around Rs5.7 trillion are currently pending in various courts and tribunals across...
Pakistan introduces fixed tax scheme for small shopkeepers to broaden tax net
ISLAMABAD: The federal government has introduced a fixed tax scheme for small shopkeepers as part of its efforts to expand...
Govt approves faceless tax system to reduce corruption, harassment
ISLAMABAD: The federal government has approved in principle a new centralized and digital tax operating model aimed at reducing corruption,...
Budget 2026-27: Sales tax on stationery may rise to 18pc
ISLAMABAD: The International Monetary Fund (IMF) has called for the withdrawal of the reduced sales tax concession on stationery items,...
Govt sets Rs290 per dollar benchmark for FY27 budget
ISLAMABAD: The Ministry of Finance has decided to prepare the federal budget for fiscal year 2026-27 using an exchange rate...
Pakistan lines up three LNG cargoes to meet peak summer power demand
KARACHI: Pakistan has arranged three LNG cargoes under long-term contracts with Qatar and is seeking an additional spot cargo for...
Pakistan, Tajikistan agree on 3-year roadmap to boost trade to $200m
ISLAMABAD: Pakistan and Tajikistan have agreed to a comprehensive three-year roadmap aimed at increasing bilateral trade to $200 million, while...
CCP approves acquisition of Pakistan oxygen’s liquid CO2 Plant by Pak Arab fertilizers
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of the liquid carbon dioxide (LCO2) plant of...
Australian high commissioner visits SCCI
SIALKOT: Australian High Commissioner to Pakistan Timothy Kane visited the Sialkot Chamber of Commerce and Industry (SCCI) and held an...
KP govt intensifies action against unregistered vehicles, token tax defaulters
PESHAWAR: In line with the ongoing efforts to ensure compliance with vehicle registration laws and improve tax enforcement, the Khyber...
Punjab budget likely to be presented on June 12
LAHORE: The provincial government of Punjab is expected to present its budget on 12 June 2026, according to a summary...
NA budget session for FY 2026-27 on June 10: sources
ISLAMABAD: The federal budget for the fiscal year 2026-27 is expected to be presented in the National Assembly on June...
FBR launches taxpayer awareness campaign in Islamabad
ISLAMABAD: The Taxpayer Profile and Registration (TPS) Wing of the Federal Board of Revenue (FBR) has launched a Taxpayer Awareness...
Ahad Cheema, WB discuss human capital, skill-development initiatives
ISLAMABAD: Federal Minister for Economic Affairs Ahad Cheema met with World Bank Vice President for People, Ms. Mamta Murthi to...
Born into debt: Every Pakistani owes over Rs333,000
ISLAMABAD: The debt burden on every Pakistani citizen increased by 13% during the last fiscal year, pushing per capita public...
Pakistan’s trade deficit hits record $34.75b in 11 months
ISLAMABAD: Pakistan’s trade deficit reached a record high of $34.75 billion during the first 11 months of the current fiscal...
Pakistan cement despatches fall 21% in May as domestic sales, exports decline
ISLAMABAD: Pakistan's cement industry recorded a sharp decline in sales during May 2026, with total cement despatches falling 21.02% year-on-year...
IMF pushes govt to end ex‑FATA, PATA tax relief
ISLAMABAD: The federal government is preparing to end tax exemptions for former tribal areas in the upcoming 2026‑27 budget. Officials...
Govt mulls tax relief package for exporters in Budget 2026-27
LAHORE: The federal government is reportedly preparing a package of tax relief measures for exporters as part of the upcoming...
