KPT cargo throughput surges past 55 million tons in FY26 on import boom

LAHORE: Federal Minister for Railways Muhammad Hanif Abbasi held a high-level meeting with Türkiye’s Minister of Transport and Infrastructure, Abdulkadir...

DG Valuation issues fresh valuation for light fittings & fixture vide Valuation Ruling No.2102/2026

KARACHI: The Directorate General of Customs Valuation has issued a fresh valuation ruling for light fittings and fixtures under Section...

Tax lawyers urge FBR to fix IRIS & review new tax return system

KARACHI: The Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to immediately address legal and...

FBR beats July revenue target by Rs40b

ISLAMABAD: The Federal Board of Revenue (FBR) exceeded its tax collection target for July 2026 by collecting Rs820 billion in...

Saudi-based Falcon vision group expresses interest in $10b investment in Pakistan

ISLAMABAD: Federal Minister for the Board of Investment (BOI), Mr. Qaiser Ahmed Sheikh, held an important meeting with a high-level...

Customs rationalises values for imported ceramic sanitary wares vide VR No2103/2026

KARACHI: The Directorate General of Customs Valuation has issued a new valuation ruling for imported ceramic and porcelain sanitary wares,...

Federal Tax Ombudsman recommends ‘faceless’ income tax refund system

LAHORE: The Federal Tax Ombudsman recommended on Friday the introduction of a "faceless" income tax refund system to improve the...

Islamabad hosts high-level logistics summit to drive trade and maritime growth

ISLAMABAD: The 2nd Pakistan Logistics & Shipping Summit (PLSS) 2026 was successfully held today at the Islamabad Marriott Hotel, bringing...

RCCI calls for balanced fuel pricing mechanism to safeguard SMEs, exporters

RAWALPINDI: President Rawalpindi Chamber of Commerce and Industry (RCCI), Usman Shaukat called on the authorities concerned Thursday to introduce targeted...

FBR notifies 5% withholding tax on social media income for tax year 2027

ISLAMABAD: The Federal Board of Revenue (FBR) has notified a 5% withholding tax on revenues earned from social media platforms...

Pakistan risks losing $200m US investment over rock salt mining dispute

ISLAMABAD: Pakistan could lose a proposed $200 million investment from a US company after a dispute over the Warcha rock...

Pakistan to export 5,000 locally assembled MG cars to Bangladesh

ISLAMABAD: Pakistan will export 5,000 locally assembled MG vehicles to Bangladesh under a landmark agreement, Special Assistant to the Prime...

Pakistan removed from global high-risk shipping list: minister

KARACHI: Pakistan has been removed from an international list of high-risk maritime areas used by marine insurers to determine whether...

Qatari LNG cargo crosses Strait of Hormuz, set to arrive in Pakistan today

KARACHI: Pakistan is set to receive another liquefied natural gas (LNG) cargo from Qatar, with the vessel successfully crossing the...

Pakistan’s telecom taxes highest in region: ADB report

ISLAMABAD: Pakistan's digital economy is being held back by heavy taxation and infrastructure gaps, according to a new Asian Development...

Exporters warn strong rupee is hurting Pakistan’s exports & investment

LAHORE: Pakistan’s exporters have raised concerns over the country’s managed exchange rate policy, arguing that an artificially strong rupee is...

KP govt makes digital payments via Raast mandatory, warns of fines for refusal

PESHAWAR: The Khyber Pakhtunkhwa government has decided to implement a cashless payment system across the province, directing all business establishments...

Electricity tariff may rise by Rs1.20/unit across Pakistan

ISLAMABAD: Electricity consumers across Pakistan, including Karachi, could face higher power bills next month as the National Electric Power Regulatory...

FBR updates import values for 70 mobile phone accessories vide VR No.2105/2026