Excise dept raids Customs&#8217; warehouse, recovers huge cache of imported liquor

ISLAMABAD: Prime Minister Shehbaz Sharif has said that inflation has fallen sharply from 29.2% to 4.5% over the past two...

FBR fails to meet tax revenue goals in 1H of FY2026

ISLAMABAD: The Federal Board of Revenue (FBR) failed to meet its tax collection targets for the first half of the...

FBR’s member audit/CRM retires after distinguished service

ISLAMABAD: The Federal Board of Revenue’s Member (Audit/CRM), Syeda Naureen Zahra, has retired from government service, upon attaining the age...

IMF flags weaknesses in FBR after major tax shortfall

ISLAMABAD: The International Monetary Fund (IMF) has identified serious administrative weaknesses in Pakistan’s tax machinery after a significant revenue shortfall...

APNEC delegation met BOI minister to discuss Pakistan’s investment environment

ISLAMABAD: A high-level delegation of the All Pakistan Newspapers and Electronic Media Employees Confederation (APNEC) met with Federal Minister for...

Petrol, diesel prices slashed on New Year’s Eve 2026

ISLAMABAD: The Government of Pakistan has announced a reduction in petroleum prices effective 1st January 2026, following recommendations from the...

PTCL formally takes over Telenor Pakistan in major telecom milestone

KARACHI: In a landmark move for Pakistan’s telecom industry, Pakistan Telecommunication Company Limited (PTCL) has officially taken charge of Telenor...

SBP unveils Pakistan’s Financial Inclusion Index

KARACHI: The State Bank of Pakistan (SBP) has launched Pakistan’s Financial Inclusion Index (P-FII), a comprehensive measure of the state...

BOI, CMG organize seminar on Sino-Pak economic Partnership

ISLAMABAD: The Board of Investment (BOI), in collaboration with China Media Group (CMG), organized a seminar titled “Driving Innovation, Sharing...

Islamabad traders threaten protests against mandatory POS policy

ISLAMABAD: Traders in Islamabad on Tuesday warned of large-scale protests, including road blockades and the possibility of a nationwide shutdown,...

FBR probes Lahore-based actress over Rs67.7m undeclared wedding expenses

LAHORE: The Federal Board of Revenue’s (FBR) Lifestyle Monitoring Cell has flagged potential tax evasion by a prominent Lahore-based film...

FBR directs tax scrutiny of major exporters amid income drop

ISLAMABAD: The Federal Board of Revenue (FBR) has flagged a sudden decline in taxable income reported by major exporters across...

FBR clarifies safeguards on tax exemptions for imports into Gilgit-Baltistan

ISLAMABAD: The Federal Board of Revenue (FBR) has taken note of concerns expressed by traders, stakeholders, and trade bodies about...

Gadani Customs seizes smuggled betel nuts, four passenger buses worth Rs252.5m