Islamabad

ISLAMABAD: The federal government has introduced a fixed tax scheme for small shopkeepers as part of its efforts to expand...

Govt approves faceless tax system to reduce corruption, harassment

ISLAMABAD: The federal government has approved in principle a new centralized and digital tax operating model aimed at reducing corruption,...

Budget 2026-27: Sales tax on stationery may rise to 18pc

ISLAMABAD: The International Monetary Fund (IMF) has called for the withdrawal of the reduced sales tax concession on stationery items,...

Govt sets Rs290 per dollar benchmark for FY27 budget

ISLAMABAD: The Ministry of Finance has decided to prepare the federal budget for fiscal year 2026-27 using an exchange rate...

NA budget session for FY 2026-27 on June 10: sources

ISLAMABAD: The federal budget for the fiscal year 2026-27 is expected to be presented in the National Assembly on June...

FBR launches taxpayer awareness campaign in Islamabad

ISLAMABAD: The Taxpayer Profile and Registration (TPS) Wing of the Federal Board of Revenue (FBR) has launched a Taxpayer Awareness...

Ahad Cheema, WB discuss human capital, skill-development initiatives

ISLAMABAD: Federal Minister for Economic Affairs Ahad Cheema met with World Bank Vice President for People, Ms. Mamta Murthi to...

Born into debt: Every Pakistani owes over Rs333,000

ISLAMABAD: The debt burden on every Pakistani citizen increased by 13% during the last fiscal year, pushing per capita public...

Pakistan’s trade deficit hits record $34.75b in 11 months

ISLAMABAD: Pakistan’s trade deficit reached a record high of $34.75 billion during the first 11 months of the current fiscal...

PM meets top industrialists, business leaders including Muhammad Mansha, Arif Habib ahead of budget

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Wednesday said the upcoming federal budget for FY2026-27 would include measures aimed at...

FBR plans system to prevent sales tax evasion, smuggling

ISLAMABAD: The Federal Board of Revenue (FBR) has started preparations to introduce a comprehensive and modern system to prevent sales...

Economic Survey 2025-26: Livestock rises, agriculture grows 2.9%

ISLAMABAD: Key findings of the National Economic Survey 2025-26 have emerged ahead of its official release on June 4, revealing...

Pakistan, WB discuss human capital development, technology-led service delivery

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb and World Bank (WB) delegation, led by Vice President for...

AGPR announces deadlines for claims submission at end of FY 2025-26

ISLAMABAD: The Accountant General Pakistan Revenues (AGPR) has issued a schedule of deadlines for the submission and processing of payments...

PM orders FBR to resolve tax refund cases by June 15

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has said that the country’s economy had stabilised through sustained hard work while further...

Federal budget date revised, likely to be presented on June 10

ISLAMABAD: The federal government has revised the schedule for the upcoming budget for the fiscal year 2026–27, with the presentation...

FBR plans nationwide cargo tracking system to curb tax evasion, smuggling

ISLAMABAD: The Federal Board of Revenue (FBR) is preparing to introduce a comprehensive and technology-driven system from the next fiscal...

FBR rejects claims of tax shortfall, says revenue performance remains strong

ISLAMABAD: The Federal Board of Revenue (FBR) has rejected speculation regarding a large tax shortfall, stating that its overall revenue...

Pakistan plans capital gains tax on cryptocurrency transactions in Budget 2026-27