Islamabad

IMF approves $1.2bn loan tranche for Pakistan

Pakistan likely to receive $1.2b IMF tranche as board meets today

FCC declares Section 7E Property Tax unconstitutional, strikes down levy nationwide

Pakistan, Saudi Arabia explore oil refinery upgrades, energy cooperation

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Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

FBR facing potential legal challenges for implementation of RRS

07/05/2025

ISLAMABAD: The Federal Board of Revenue (FBR) is facing significant internal backlash and potential legal challenges over the newly implemented...

CCP allows secure logistics group to acquire ‘Trax Online’

07/05/2025

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the 100% acquisition of Trax Online (Pvt.) Ltd. by Secure Logistics...

FBR mulls new tax on high pensions, increase in income tax exemption threshold: report

ISLAMABAD: The Federal Board of Revenue (FBR) is working on two key budget proposals for the next fiscal year (2025-26),...

IMF team to visit Pakistan for budget discussions from May 14

ISLAMABAD: A delegation of the International Monetary Fund (IMF) is visiting Pakistan from May 14 to May 22, 2025. The...

Tax Law (Amendment) Ordinance aims to address urgent legal, administrative gaps

ISLAMABAD: Tax Laws (Amendment) Ordinance, 2025, which was promulgated by the President of Pakistan on May 2, 2025, is aimed...

Govt aims for ambitious Rs14.3 trillion tax target for FY26

The federal government is reportedly preparing to set a significantly higher tax collection target of Rs14.3 trillion for the upcoming...

Finance Minister Aurangzeb leaves on UK visit

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb left for London on Tuesday to engage with British officials,...

PM directs accelerated action against tax evasion, under-invoicing

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday directed authorities concerned to accelerate actions against tax evasion, under-invoicing, and other...

Rising tensions with India to take its toll on Pakistan’s economy: Moody’s

ISLAMABAD: In a policy note on Monday, Global rating agency Moody’s cautioned that growing tensions between India and Pakistan would...

FBR faces 13,000 complaints in first four months of 2025, up from 2,000 in 2024

ISLAMABAD: Despite a high-profile transformation plan, the Federal Board of Revenue (FBR) is facing a surge in maladministration complaints, which...

FTO orders Customs to return gold held Illegally for 27 years

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed Pakistan Customs to return 170 tolas of gold unlawfully held for over...

PCC positions Pakistan as rising force in global crypto diplomacy in just 50 days

ISLAMABAD: The Pakistan Crypto Council (PCC), in just 50 days since its launch on March 14, 2025, has achieved what...

FBR extends e-invoicing deadline for corporate, non-corporate taxpayers

03/05/2025

ISLAMABAD: The Federal Board of Revenue (FBR) has announced a one-month extension for corporate and non-corporate taxpayers to comply with...

IMF declines India’s request to revisit Pakistan’s loan, board to meet on May 9