Breaking News

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

Pakistan banks expected to report lower Q2 2026 profits

FTO orders FBR to fix IRIS glitches blocking Rs2.3m tax credit

FBR imposes excise duty on e-liquids used in vapes & e-cigarettes

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FIA sets up FATF desks nationwide to combat money laundering ahead of Pakistan’s 2027 evaluation

ISLAMABAD: The Federal Investigation Agency (FIA) has established Financial Action Task Force (FATF) desks across all its zones and specialised...

FBR establishes PRAL’s front desk at LTO Karachi

KARACHI: Federal Board of Revenue (FBR) has established and operationalized a PRAL’s Front Desk at the Large Taxpayers Office (LTO),...

Govt plans major tax relief for salaried class in upcoming budget

ISLAMABAD: The government is preparing a major tax relief package for the salaried class in the upcoming federal budget, with...

Provinces agree to provide additional NFC share to federal govt

ISLAMABAD: Provinces have agreed to provide an additional share of the National Finance Commission (NFC) resources to the federal government,...

Pakistan, Qatar discuss task force to advance trade, investment goals

ISLAMABAD: Pakistan and Qatar this week discussed the “way forward” for a bilateral task force aimed at accelerating trade and...

Pakistan-Iran trade halt at Gabd-Rimdan threatens LPG supplies, perishable exports

GWADAR: Cross-border trade between Pakistan and Iran through the Gabd-Rimdan crossing has stopped, leaving hundreds of LPG vehicles stranded and...

FBR revises customs values for imported ammunition vide VR No2087/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has revised customs values for imported ammunition through Valuation Ruling No. 2087/2026, updating...

Nepra cuts electricity price by Rs1.98 per unit under quarterly adjustment

ISLAMABAD: Electricity prices across Pakistan have been reduced by Rs1.98 per unit, according to a notification issued by the National...

Punjab sets outline of Rs5.13 trillion budget for FY 2026-27

LAHORE: The Punjab government has finalized the broad contours of its budget for the fiscal year 2026–27, with the total...

PM Shehbaz directs to accelerate privatisation process of power DISCOs

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed the relevant authorities to accelerate the privatisation process of electricity distribution companies...

Federal Budget 2026-27 likely to be presented on June 12: Minister

ISLAMABAD: The federal government will present the Budget 2026-27 in the National Assembly on June 12, Parliamentary Affairs Minister Tariq...

Food security and industrial sectors get Rs7.2b in Budget 2026-27

ISLAMABAD: Pakistan’s food security and industrial development sectors have received significantly lower allocations than requested in the proposed Federal Budget...

FBR tracks foreign travel and nationality of IRS & PCS officials

ISLAMABAD: The Federal Board of Revenue (FBR) has initiated a comprehensive scrutiny of foreign travel history and foreign nationality status...

PRA seals nine business premises in crackdown on tax defaulters

LAHORE: The Punjab Revenue Authority (PRA) has intensified enforcement actions against tax defaulters across multiple cities in Punjab, sealing nine...

Govt plans Rs1 trillion tax push with new FED, steel tax & digital crackdown

ISLAMABAD: The Finance Bill 2026 is likely to introduce tax policy and enforcement measures worth nearly Rs. 1 trillion in...

Govt plans three-wing FBR structure to tackle tax compliance gap