Pakistan faces $1.45b trade crisis Amid Afghan &amp; Middle East conflicts

KARACHI: The State Bank of Pakistan (SBP) has launched a new digital reporting system to streamline the registration and monitoring...

PM meets top industrialists, business leaders including Muhammad Mansha, Arif Habib ahead of budget

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Wednesday said the upcoming federal budget for FY2026-27 would include measures aimed at...

FBR plans system to prevent sales tax evasion, smuggling

ISLAMABAD: The Federal Board of Revenue (FBR) has started preparations to introduce a comprehensive and modern system to prevent sales...

Economic Survey 2025-26: Livestock rises, agriculture grows 2.9%

ISLAMABAD: Key findings of the National Economic Survey 2025-26 have emerged ahead of its official release on June 4, revealing...

Pakistan, WB discuss human capital development, technology-led service delivery

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb and World Bank (WB) delegation, led by Vice President for...

AGPR announces deadlines for claims submission at end of FY 2025-26

ISLAMABAD: The Accountant General Pakistan Revenues (AGPR) has issued a schedule of deadlines for the submission and processing of payments...

KPRA team conducts field visits in Mardan, Swabi

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA), Mardan, and Malakand Region conducted field visits in districts of Mardan and Swabi. The...

IWCCI calls for dedicated financing for women-led enterprises

ISLAMABAD: With the federal budget for 2026-27 due to be presented in the National Assembly shortly, Samina Fazil, founder president...

SBP expands Naya Pakistan certificates to Saudi riyal & UAE dirham

KARACHI: The State Bank of Pakistan (SBP) announced issuance of Naya Pakistan Certificates in Saudi riyal and UAE dirham, offering...

FTO ruling exposes alleged misuse of tax powers by FBR officials

LAHORE: The Federal Board of Revenue (FBR) officials are systematically misusing the powers available under Section 175C of the Income...

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

01/06/2026

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