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Afghan route closure weighs on Pakistan-Central Asia trade, exports fall 9%, imports plunge 88%
ISLAMABAD: Pakistan's trade with five Central Asian countries came under pressure in the first 10 months of FY2025-26 following the...
PTBA raises legal concerns over fixed tax scheme for small shopkeepers
ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has expressed serious legal and procedural concerns regarding the Fixed Tax Scheme (FTS)...
LHC rejects plea to suspend agricultural tax notifications
LAHORE: The Lahore High Court on Wednesday turned down a request to suspend the impugned notifications about agricultural tax and...
Pakistan Customs notifies new off-dock terminal at Hawksbay, Karachi
KARACHI: Pakistan Customs has formally notified a new off-dock terminal at Hawksbay, Karachi, marking a significant development in the country's...
Pakistan raises deposit protection limit to Rs1m for bank account holders
KARACHI: The Deposit Protection Corporation, a subsidiary of the State Bank of Pakistan, has announced a major enhancement in financial...
Finance Minister presents Economic Survey 2025-26 to PM Shehbaz
ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb has presented the Economic Survey of Pakistan 2025-26 to Prime Minister Shehbaz Sharif...
FinMin Aurangzeb unveils Economic Survey 2025-26
ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb presented the Economic Survey of Pakistan 2025-26 in Islamabad on Thursday. Addressing a...
Customs clears 17,353 tonnes of LPG through Gabd-Rimdan border in eight days
KARACHI: Pakistan Customs has said clearance operations at the Gabd-Rimdan border crossing remain fully operational, with 17,353 metric tonnes of...
Govt mulls third tax tier on cigarettes in bid to curb illicit trade
ISLAMABAD: The government is considering introducing a third tier of Federal Excise Duty (FED) on cigarettes, replacing the current two-tier...
FBR to introduce strict penalties for businesses not connected to POS
ISLAMABAD: The federal government is set to impose stringent penalties on businesses and taxpayers that fail to integrate with the...
FBR issues draft customs marine bunkering rules to regulate fuel supply to foreign vessels
KARACHI: The Federal Board of Revenue (FBR) has issued draft Customs Marine Bunkering Rules, 2026, aimed at introducing a structured...
Solar panels, stationery, and stock market taxes to remain unchanged in budget 2026-27
ISLAMABAD: The federal government has decided to keep existing tax rates unchanged on solar panels, stationery items, and the stock...
FBR issues new customs values of diesel engines for generators vide VR No2088/2026
KARACHI: The Federal Board of Revenue (FBR) has issued new customs values for imported diesel engines used in generators to...
HBL announces 3-day service shutdown following Meezan & Allied Bank
KARACHI: Habib Bank Limited (HBL) has officially announced a temporary closure of all its services. Consequently, the massive shutdown will...
Honda Atlas challenges over Rs17b in tax disputes with FBR
KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax-related contingencies exceeding Rs17 billion in its Annual Report 2026, highlighting multiple...
RCCI delegation meets DG Cannabis Control and Regulatory Authority
RAWALPINDI: A delegation of the Rawalpindi Chamber of Commerce and Industry (RCCI), led by its President Usman Shaukat and Senior...
Pakistan remittances surge 20.2pc to $4.3b in May 2026
ISLAMABAD: Pakistan received workers’ remittances worth $4.3 billion in May 2026, showing strong growth in inflows, according to official data....
NEC approves national development budget for FY2026-27
ISLAMABAD: The National Economic Council (NEC) met in Islamabad under the chairmanship of Prime Minister Shehbaz Sharif and approved the...
FIA sets up FATF desks nationwide to combat money laundering ahead of Pakistan’s 2027 evaluation
ISLAMABAD: The Federal Investigation Agency (FIA) has established Financial Action Task Force (FATF) desks across all its zones and specialised...
FBR establishes PRAL’s front desk at LTO Karachi
KARACHI: Federal Board of Revenue (FBR) has established and operationalized a PRAL’s Front Desk at the Large Taxpayers Office (LTO),...
