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FBR seeks Rs100b reduction in tax collection target from IMF
ISLAMABAD: The Federal Board of Revenue (FBR) is preparing to approach the IMF (International Monetary Fund) with a request to...
Pakistani freelancers earned record $557m in 1H of FY26
LAHORE: Pakistani freelancers earned a record $557 million during the first half of the current fiscal year, state media reported,...
SBP chief manager visits PGMEA
SIALKOT: Chief Manager of the State Bank of Pakistan (SBP) Sialkot Waqas Kashif Bajwa visited the Pakistan Gloves Manufacturers and...
Three Quetta businesses sealed in sales tax crackdown
QUETTA: The Balochistan Revenue Authority (BRA) has sealed three well-known business centres in Quetta for violations of tax laws. According...
Pakistan sets Rs300 as minimum Sadqa-e-Fitr for 2026
ISLAMABAD: Pakistan has announced that the minimum Sadqa-e-Fitr and Fidya for 2026 will be set at Rs300 per person, with...
Abu Dhabi firm takes full control of First Women Bank in privatization deal
KARACHI: Competition Commission of Pakistan quietly approved major ownership shift as First Women Bank Limited prepares to pass into the...
Pakistan, Uzbekistan have set bilateral trade target of $2b, signed 28 accords
ISLAMABAD: Pakistan and Uzbekistan have set an ambitious bilateral trade target of $2 billion and signed 28 agreements aimed at...
Sindh shifts entire tax system to negative list tariff regime: SRB
KARACHI: The Sindh Revenue Board (SRB) has announced a major transformation of Sindh’s tax regime, moving from the Positive List...
FBR unveils automated system for sales tax adjustments
ISLAMABAD: The Federal Board of Revenue (FBR) has formally integrated the procedure for sales tax adjustment against supplies made to...
Rs250m worth of seized cigarettes reportedly stolen from FBR warehouses
ISLAMABAD: A sub-committee of the Senate Standing Committee on Interior, chaired by Saifullah Abro, has taken up the alleged theft...
Pakistan’s external debt Profile remains predominantly concessional, long-term
ISLAMABAD: The Ministry of Finance wishes to clarify certain assertions made in a recent press commentary regarding the country’s external...
Poverty rate in Pakistan soars by 7pc in seven years due to inflation, floods
ISLAMABAD: After a gap of seven years, the Ministry of Planning has released a fresh poverty assessment report showing a...
Customs values of imported ginger & garlic revised vide VR No.2044/2026
KARACHI: The Directorate General of Customs Valuation has revised the customs values of imported ginger and garlic, aligning them with...
Steel traders delegation meets RCCI leadership to boost trade
RAWALPINDI: A high-level delegation from the All Steel and Iron Traders Association Rawalpindi held a strategic meeting with the leadership...
Punjab govt waives stamp duty on merger of properties
LAHORE: The Government of Punjab on Saturday notified a complete waiver of stamp duty on property transfers arising from mergers...
Pakistan borrows $10.6b while paying $13.3b in debt last fiscal year
ISLAMABAD: The Government of Pakistan secured 10.6 billion dollars in new loans during the last fiscal year while repaying 13.3...
FinMin Aurangzeb advances economic cooperation with US Commerce Secretary
WASHINGTON DC: A Pakistani delegation, led by Minister for Finance and Revenue Senator Muhammad Aurangzeb, met US Commerce Secretary Howard...
Pakistan banks emerge as largest taxpayers; PBA warns against excessive tax burden
KARACHI: Pakistan’s banking sector has become the single-largest contributor to government revenue due to elevated taxation levels, according to the...
FBR generates Rs9b through public auctions in 7MFY26
ISLAMABAD: The Federal Board of Revenue (FBR) has collected more than Rs9 billion as advance income tax from public auctions...
FBR to sell Bahria Town’s entire Murree Property in March
ISLAMABAD: The Federal Board of Revenue (FBR) will auction 527 kanals of Bahria Town’s land in Tehsil Murree on March...
