Islamabad

16/05/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has said that Pakistan’s inaugural Panda Bond issuance marks a...

IMF sets 11 new benchmarks for Pakistan including SEZ tax incentive phase-out, tariff revisions & NAB reforms

16/05/2026

ISLAMABAD: The International Monetary Fund (IMF) has imposed 11 new structural benchmarks on Pakistan under the latest review of its...

PM Shehbaz meets Chinese business delegation, pledges digital economic ties

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif met a high-level 11-member Chinese business delegation led by IBI Beijing United Technology founder,...

No under-invoicing found in used vehicles or solar panel imports: NA told

ISLAMABAD: Minister of State for Finance Bilal Azhar Kayani on Friday informed the National Assembly that no cases of under-invoicing...

Govt to cut income tax, sales tax exemptions in budget

ISLAMABAD: Preparations for Budget 2026-27 are underway, with the government deciding to reduce exemptions in the income tax and sales...

Jewelers propose simplified income tax regime for jewelry sector

KARACHI: The All Pakistan Sarafa Gems and Jewelers Association has proposed a special income tax regime for the jewelry sector...

Ayaz Sadiq seeks explanation from finance ministry, FBR over non-submission of replies

ISLAMABAD: Speaker National Assembly Sardar Ayaz Sadiq on Friday sought an explanation from the Ministry of Finance and the Federal...

FBR plans AI-based system to detect false tax return data

ISLAMABAD: The Federal Board of Revenue (FBR) is planning to introduce an AI-based tax monitoring system through the upcoming Finance...

Pakistan, Qatar reaffirm commitment to stronger energy cooperation

ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik and Qatar’s Ambassador to Pakistan Ali bin Mubarak Al-Khater on Thursday reaffirmed...

FBR’s ‘Out of Demand’ income tax collection jumps 110b to ₨266b in FY25

ISLAMABAD: Income tax collection under the “Out of Demand” category more than doubled during fiscal year 2024-25, rising 110.3% to...

Govt generates Rs37.28b carbon levy in 9MFY26

ISLAMABAD: Climate Support Levy introduced under Finance Act 2025 boosts revenue collection during first nine months The government collected Rs37.28...

FBR Tax-to-GDP ratio falls in 9MFY26 despite 10pc increase in revenue collection

ISLAMABAD: Pakistan’s Tax-to-GDP ratio based on Federal Board of Revenue (FBR) collections declined during the first nine months of fiscal...

Pakistan weighs fertiliser imports from Central Asia amid fears of supply disruptions

ISLAMABAD: Prime Minister Shehbaz Sharif directed the authorities to ensure timely provision of fertiliser to farmers at all costs and...

Pakistan, IMF begin crucial budget talks ahead of new fiscal year

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) held key discussions on the upcoming federal budget as an IMF delegation...

Pakistan’s economy reaches $452b as per capita income rises to $1,901 in FY26

ISLAMABAD: Pakistan’s economy expanded to ₨126.9 trillion, equivalent to $452.1 billion, during fiscal year 2025-26, while gross domestic product grew...

IMF acknowledges Pakistan’s economic stability amid challenges

ISLAMABAD: The International Monetary Fund (IMF) here on Wednesday acknowledged the positive progress made by Pakistan in maintaining macroeconomic stability...

Finance Minister, US Assistant Secretary discuss economic cooperation, investment

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb and U.S. Assistant Secretary for South and Central Asian Affairs...

IMF ‘urges’ Pakistan for strict monitoring of transactions in real estate sector