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Pakistan’s debt above safe limit, warns IMF
ISLAMABAD: Pakistan continues to exceed its legal debt limit, with the International Monetary Fund (IMF) warning that repayment risks could...
FBR expects Rs48b additional revenue via production monitoring
ISLAMABAD: The Federal Board of Revenue (FBR) is expecting to generate an additional Rs48 billion in tax revenue during fiscal...
LTO Karachi achieves record Rs3 trillion tax collection
KARACHI: The Large Taxpayers Office Karachi recorded its highest-ever revenue collection during the first 10 months of fiscal year 2025-26,...
Islamic Banking assets projected to reach Rs18–19 trillion by December 2026
KARACHI: Pakistan’s Islamic banking industry is expected to maintain its strong growth momentum, with total assets projected to reach Rs18–19...
FBR offices to remain open on May 23, 24 for tax collection
ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday said that all its field formations across the country will remain...
IMF seeks Rs5,500 increase in BISP payments amid ongoing talks with Pakistan
ISLAMABAD: The International Monetary Fund has proposed a significant increase in financial assistance under the Benazir Income Support Programme (BISP),...
Over 10,000 new companies registered in Pakistan: SECP
ISLAMABAD: Securities and Exchange Commission of Pakistan has reported a significant rise in business activity, with more than 10,500 new...
ICCI hosts interactive session on Islamabad’s water challenges and future planning
ISLAMABAD: Director General Water, Capital Development Authority (CDA), Sardar Khan Zimri, has said that CDA is implementing comprehensive short-term and...
FinMin discusses sovereign Bond Tokenization with PVARA Chairman
KARACHI: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb today held a meeting with Bilal Bin Saqib, Minister of...
Govt decides to introduce fixed tax scheme for retailers in budget
ISLAMABAD: The government has decided to introduce a fixed tax scheme for retailers in the upcoming budget. A new fixed...
IMF asks Pakistan to end all sales tax exemptions ahead of budget talks
ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to abolish all exemptions and concessions on sales tax as budget...
Pakistan secures petroleum reserves for June amid Middle East tensions
KARACHI: Pakistan has stepped up efforts to secure its petroleum supply chain amid ongoing tensions in the Middle East, with...
Pakistan sees 31% decline in FDI during 10MFY26
KARACHI: State Bank of Pakistan (SBP) reported on Monday that foreign direct investment (FDI) into Pakistan fell 31% during the...
Pakistan current account slips into $324m deficit
KARACHI: Pakistan’s current account moved into deficit in April, ending a three-month surplus streak, according to statistics released by the...
FBR makes POS integration mandatory in Islamabad
ISLAMABAD: The Federal Board of Revenue (FBR) has made Point of Sale (POS) integration with its computerized system mandatory for...
Govt aims to complete Provincial Consultations on NDMP before budget
ISLAMABAD: Federal Minister for Economic Affairs Ahad Cheema and Advisor to the Prime Minister’s Office Dr. Tauqeer Shah co-chaired a...
Taxpayers deserve dignity, lower rates, simpler taxation
ISLAMABAD: Minister of State for Finance and Revenue, Bilal Azhar Kayani acknowledged for broadening the tax net and said salaried...
KP petrol scheme pays Rs100 instead of Rs2,200
PESHAWAR: The Khyber Pakhtunkhwa (KP) government launched the Ehsaas Motorcycle Relief programme, allocating Rs3 billion to support an estimated 1.6...
Sindh joins Punjab in easing market closure timings ahead of Eidul Azha
KARACHI: The Sindh government on Saturday exempted shops, markets, shopping malls, hotels, restaurants, marriage halls and marquees from previously imposed...
LHC rules super tax cannot apply to zero-tax inherited property gains
LAHORE: The Lahore High Court’s two-member bench comprising Justice Jawad Hassan and Justice Sardar Akbar Ali has ruled that the...
