PM orders FBR to resolve tax refund cases by June 15
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has said that the country’s economy had stabilised through sustained hard work while further...
Pakistan cuts mango export target by 30,000 tons as Mideast crisis disrupts markets
ISLAMABAD: Pakistan’s mango exporters have cut this year’s export target by 30,000 tons, or nearly 30 percent, warning that conflict-related...
Federal budget date revised, likely to be presented on June 10
ISLAMABAD: The federal government has revised the schedule for the upcoming budget for the fiscal year 2026–27, with the presentation...
FBR plans nationwide cargo tracking system to curb tax evasion, smuggling
ISLAMABAD: The Federal Board of Revenue (FBR) is preparing to introduce a comprehensive and technology-driven system from the next fiscal...
Govt decides against extending tax concessions beyond June 30
KARACHI: The federal government has decided not to extend the sales tax and income tax concessions that are set to...
FBR rejects claims of tax shortfall, says revenue performance remains strong
ISLAMABAD: The Federal Board of Revenue (FBR) has rejected speculation regarding a large tax shortfall, stating that its overall revenue...
Pakistan plans capital gains tax on cryptocurrency transactions in Budget 2026-27
ISLAMABAD: The federal government is planning to impose a capital gains tax (CGT) ranging from 10% to 30% on cryptocurrency...
PIAF welcomes Rs200b tariff relief, calls for comprehensive industrial reforms
LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has welcomed the government’s decision to provide approximately Rs200 billion in...
FBR recovers Rs4m from Cheezious in tax compliance action
SAHIWAL: The Federal Board of Revenue (FBR) has recovered Rs. 4 million from popular fast-food chain Cheezious following an enforcement...
FBR revenue shortfall swells to Rs868b as tax collection misses target
ISLAMABAD: The Federal Board of Revenue (FBR) recorded a revenue gap of Rs868 billion during the first 11 months of...
Pakistan likely to allocate Rs1,126b for development projects in budget 2026-27
ISLAMABAD: Pakistan is expected to allocate around Rs1,126 billion for development projects in the upcoming federal budget 2026–27, according to...
Sindh govt finalises over Rs900b development budget for FY2026-27
KARACHI: The Sindh government has completed preparations for its Annual Development Budget for the fiscal year 2026-27, proposing a total...
LPG price increases by Rs4.95 per kg
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the price of LPG (liquefied petroleum gas). According to an...
CDNS nears annual savings goal with Rs1230b inflows in FY2025–26
KARACHI: The Central Directorate of National Savings (CDNS) has mobilized Rs1230 billion in investments from July 1 to May 31...
Finance ministry allocates Rs1.126 trillion for PSDP 2026-27
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Monday said the Ministry of Finance has allocated...
FBR tax collection rises to Rs966b in May 2026
ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs 966 billion in tax revenues during May 2026, representing a 7%...
Govt plans massive tariff cuts in Budget 2026-27 to boost industry & exports
ISLAMABAD: The federal government is preparing to introduce a major tariff reduction package in the Budget 2026-27 aimed at lowering...
President summons NA, Senate budget sessions on June 5
ISLAMABAD: President Asif Ali Zardari has summoned sessions of the National Assembly and Senate on June 5, with both houses...
Customs launches nationwide crackdown on smuggling, seizes tyres, fuel, betel nuts and NCP vehicles
LAHORE: Customs authorities have intensified a nationwide enforcement campaign against smuggled goods, non-duty-paid vehicles, petroleum products and other contraband items...
FBR tightens registration rules for international NGOs operating in Pakistan
ISLAMABAD: The Federal Board of Revenue (FBR) has amended the Income Tax Rules, 2002, introducing stricter registration requirements for international...
