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FBR moves FCC to enforce powers under federal excise laws
ISLAMABAD: The Federal Board of Revenue (FBR) has approached the Federal Constitutional Court (FCC), seeking enforcement of tax authorities’ powers...
War risk, freight surge endanger trade outlook for Pakistan: FPCCI
LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said that situation in Middle East and closure of...
Current Account records $427m surplus in February 2026: SBP
KARACHI: Pakistan’s External Current Account Balance recorded a surplus of US$ 427 million in February 2026 following to a surplus...
PRA registration mandatory for food businesses
LAHORE: On the directions of the Chief Minister Punjab, a comprehensive system of tax reforms is being implemented across the...
Khurram highlights strong macroeconomic improvement despite challenges
ISLAMABAD: Adviser to the Finance Minister Khurram Schehzad on Tuesday highlighted a series of positive macroeconomic developments, signaling improved stability...
FBR announces 50pc tax relief for senior citizens
ISLAMABAD: The Federal Board of Revenue (FBR) has announced a 50% tax relief for senior citizens, allowing individuals aged 60...
IHC halts FBR action on super tax for three power firms
ISLAMABAD: The Islamabad High Court has suspended Federal Board of Revenue (FBR) notices issued to three independent power producers for...
CTO Islamabad refuses to implement FTO order, raises concerns
ISLAMABAD: The Corporate Tax Office (CTO) Islamabad has reportedly declined to implement an unchallenged order issued by Federal Tax Ombudsman...
SECP takes action against 41 state-owned companies for compliance failures
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched a major crackdown on state-owned enterprises (SOEs) for failing...
Around $3.394b food commodities exported during Jul-Feb 2026
ISLAMABAD: Food group exports reached US$ 3.394 billion during the first eight months of the current financial year (2025-26), the...
Pakistani oil tanker transits Strait of Hormuz with its automatic transponder system activated: Marine Traffic
KARACHI: Since the peak of disruptions due to the war, "the Aframax tanker Karachi, carrying Abu Dhabi's Das crude, has...
Pakistan’s LNG supplies to run out after April 14 amid Mideast tensions, Senate panel told
ISLAMABAD: Liquefied natural gas (LNG) will no longer be available in Pakistan after April 14 due to supply disruptions linked...
Exporters face new air cargo charges of Rs25–50 per kg amid rising war-related costs
KARACHI: Exporters are facing additional costs on air cargo shipments as ground handling companies have introduced new operating charges ranging...
Cabinet committee briefed on comfortable fuel stocks & supply chain
ISLAMABAD: The Committee to Monitor Petrol Prices met again today at the Finance Division under the chairmanship of the Federal...
Govt expands Roshan Digital Account scheme to foreign nationals, institutional investors
KARACHI: Pakistan has decided to expand the Roshan Digital Account (RDA) framework to allow foreign nationals, as well as foreign...
PCMEA demands financial assistance for Intl. carpet exhibition
LAHORE: Pakistan Carpet Manufacturers and Exporters Association (PCMEA) urged Trade Development Authority Pakistan (TDAP) and the Export Development Fund (EDF)...
Pakistan posts largest current account surplus of 2026: Khurram Schehzad
ISLAMABAD: Pakistan recorded its largest current account (CA) surplus of 2026, posting a $427 million surplus in February 2026, the...
SBP notifies two-day bank holidays for Eid-ul-Fitr 2026
KARACHI: The State Bank of Pakistan (SBP) has officially declared that all banks will remain closed for two days to...
FTO directs FBR to adjust super tax against pending refunds
ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure that taxpayers’ super tax...
FBR tells Senate some employees involved in taxpayer data leak
ISLAMABAD: Pakistan’s tax authority, the Federal Board of Revenue (FBR), has informed lawmakers that some of its own employees were...
