FBR unveils automated system for sales tax adjustments

23/02/2026

ISLAMABAD: The Ministry of Finance wishes to clarify certain assertions made in a recent press commentary regarding the country’s external...

Poverty rate in Pakistan soars by 7pc in seven years due to inflation, floods

ISLAMABAD: After a gap of seven years, the Ministry of Planning has released a fresh poverty assessment report showing a...

Customs values of imported ginger & garlic revised vide VR No.2044/2026

KARACHI: The Directorate General of Customs Valuation has revised the customs values of imported ginger and garlic, aligning them with...

Steel traders delegation meets RCCI leadership to boost trade

RAWALPINDI: A high-level delegation from the All Steel and Iron Traders Association Rawalpindi held a strategic meeting with the leadership...

Punjab govt waives stamp duty on merger of properties

LAHORE: The Government of Punjab on Saturday notified a complete waiver of stamp duty on property transfers arising from mergers...

Pakistan borrows $10.6b while paying $13.3b in debt last fiscal year

ISLAMABAD: The Government of Pakistan secured 10.6 billion dollars in new loans during the last fiscal year while repaying 13.3...

FinMin Aurangzeb advances economic cooperation with US Commerce Secretary

WASHINGTON DC: A Pakistani delegation, led by Minister for Finance and Revenue Senator Muhammad Aurangzeb, met US Commerce Secretary Howard...

Pakistan banks emerge as largest taxpayers; PBA warns against excessive tax burden

KARACHI: Pakistan’s banking sector has become the single-largest contributor to government revenue due to elevated taxation levels, according to the...

FBR generates Rs9b through public auctions in 7MFY26

ISLAMABAD: The Federal Board of Revenue (FBR) has collected more than Rs9 billion as advance income tax from public auctions...

FBR to sell Bahria Town’s entire Murree Property in March

ISLAMABAD: The Federal Board of Revenue (FBR) will auction 527 kanals of Bahria Town’s land in Tehsil Murree on March...

OGDC discovers new oil, gas reserves in Sindh

TANDO ALLAH YAR: The Oil and Gas Development Company Limited (OGDC) has announced the discovery of another new oil and...

Pakistan, Philippines agree to boost multi-sector cooperation

ISLAMABAD, Feb 20 (APP):Pakistan and the Philippines, at the second meeting of their Joint Economic Commission held in Manila, agreed...

SAPM assures chemical manufacturers of policy support, industry friendly budget

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan assured chemical manufacturers of policy...

Pakistan–US advance cooperation framework on Roosevelt Hotel, New York

WASHINGTON: The Governments of Pakistan and the United States have formally launched a strategic economic initiative, including collaboration with the...

Pakistan’s total liquid foreign reserves stand $21.30b

KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 21,301.5 million as of February 13, 2026 while the...

PM invites US to enhance financing for Pakistan’s energy, mining, IT projects

WASHINGTON: Prime Minister Shehbaz Sharif on Friday highlighting Pakistan’s fast-improving macroeconomic fundamentals, government’s commitment to deepening structural reforms, and attractive...

FBR reshuffles 11 PCS officers of BS-19-20 to different stations

ISLAMABAD: The Federal Board of Revenue (FBR) on Friday announced the transfers and postings of high-profile officers of the Pakistan...

FBR introduces CAPTCHA security feature for IRIS Portal login

ISLAMABAD: The Federal Board of Revenue (FBR) has enhanced security measures on its online tax filing platform by introducing a...

IMF acknowledges Pakistan’s economic recovery ahead of review talks