Lahore
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
New customs tariff slabs to take effect from July 1, 2025
LAHORE: In a sweeping overhaul of the import duty regime, the government has revised Customs laws through amended Finance Bill,...
Punjab Assembly passes Rs5.33 trillion tax-free Budget for FY2025-26
LAHORE: The Punjab Assembly on Thursday formally approved a substantial tax-free budget of Rs5.335 trillion for the upcoming fiscal year...
Supreme Court grants stay to cement manufacturers in Punjab royalty dispute
LAHORE: The Supreme Court of Pakistan has granted a two-week stay to cement manufacturers, temporarily halting the enforcement of a...
Punjab to start collecting ‘Garbage Tax’ from July 1 under ‘Suthra Punjab’ project
LAHORE: The Punjab government is set to commence the collection of a new ‘garbage tax’ from July 1, 2025, across...
FBR directs license cancellation for Peshawar cosmetic firm Over tax evasion
LAHORE: The Federal Board of Revenue (FBR) has initiated a significant enforcement action against a Peshawar-based cosmetic company, M/s Forvil...
FBR extends deadline for software integration for taxpayers
LAHORE: The Federal Board of Revenue (FBR) has extended the deadline for both corporate and non-corporate taxpayers to integrate their...
UBL, Bank Alfalah, Sindh Bank among 72 sealed in Lahore
LAHORE: The Lahore Development Authority (LDA) sealed 72 illegal commercial buildings and commercialisation fee defaulter premises in different housing schemes...
FTO orders FBR to halt sealing Tier-1 retail outlets, cites POS system flaws
LAHORE: In a significant ruling for Pakistan’s formal retail sector, the Federal Tax Ombudsman (FTO) has directed the Federal Board...
Govt signs $4.5b loans with local banks to ease power sector debt
LAHORE: Pakistan has signed term sheets with 18 commercial banks for Rs1.275 trillion ($4.50 billion) Islamic finance facility to help...
Tribunal upholds CCP’s decision against PSM for abuse of dominance
LAHORE: The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan (CCP) decision against Pakistan Steel Mills (PSM),...
Pakistan-Russia freight train departure cancelled due to Iran-Israel war
LAHORE: The departure of a Pakistan Railways freight train scheduled to leave Lahore for Russia on June 22 has been...
No new taxes imposed in Punjab budget 2025-26, says finance minister
LAHORE: Punjab Finance Minister Mujtaba Shujaur Rehman announced that no new taxes have been introduced in the provincial budget for...
Govt wants to delay pension reforms for military to next year
LAHORE: The federal government is considering delaying the implementation of pension reforms for armed forces personnel by one year, amid...
Development-loaded Rs5,335 trillion Punjab budget unveiled amid Opp’s ruckus
LAHORE: The Punjab government on Monday unveiled Rs5.3 trillion provincial budget for the financial year 2025-26, having a record development...
Pakistan, Saudi firm launch $150m minerals processing complex
LAHORE: Pakistan has launched a $150million minerals processing complex in Punjab in collaboration with Saudi-based Anfal Group, a private industrial...
Govt introduces e-Bilty tracking system, auction safeguards in Customs Law—but no relief for wrongfully penalized importers
LAHORE: In a significant overhaul of the Customs Act, 1969, the federal government has approved multiple amendments aimed at tightening...
FTO hails Punjab CM’s decision regarding budget
LAHORE: Federal Tax Ombudsman (FTO) Coordinator Saif-ur-Rehman Friday hailed the decision of Punjab Chief Minister to present a pro-poor and...
Govt rolls out new Digital Tax Law
LAHORE: The federal government has introduced a brand-new law, the “Digital Presence Proceeds Tax Act 2025,” to tighten control over...
Punjab budget for FY 2025-26 will be tabled on June 16
LAHORE: Punjab government has decided to present its annual budget for the next financial year (FY) 2025-26 on June 16...
Punjab, Sindh, and Khyber Pakhtunkhwa to Present FY26 Budgets on June 13
LAHORE: With the federal budget for fiscal year 2025-26 being presented today, major provinces across Pakistan are now gearing up...
