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News updates 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 abolishes CTO Islamabad, renames MTO Karachi as CTO-II
ISLAMABAD: The Federal Board of Revenue (FBR) has abolished the Corporate Tax Office (CTO) Islamabad, established a new Regional Tax...
IMF sets new conditions for settlement of gas sector circular debt
ISLAMABAD: The International Monetary Fund (IMF) has proposed new conditions for resolving Pakistan’s gas sector circular debt, including formal recognition...
FIA sets up Cryptocurrency Investigation Unit to tackle financial crimes
ISLAMABAD: The Federal Investigation Agency (FIA) has established a Cryptocurrency Investigation Unit on the special instructions of the FIA Director...
FBR notifies jurisdiction of CCIR at CTO-II Karachi
ISLAMABAD: The Federal Board of Revenue (FBR) has notified the jurisdiction, powers and functions of the Chief Commissioner Inland Revenue...
Pakistan starts daily petrol, diesel updates from today
ISLAMABAD: Pakistan has introduced a new daily pricing mechanism for petroleum products, replacing the previous periodic revision system. Under the...
Pakistan allows 26 World Food Programme containers to enter Afghanistan via Torkham
KHYBER: Pakistani customs authorities on Monday issued gate passes to as many as 26 World Food Programme (WFP) containers carrying...
ICCI hosts seminar to unlock untapped Pakistan-Netherlands trade potential
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) hosted a seminar titled “Enhancing Bilateral Trade between Pakistan and the...
SC rejects FBR bid to impose 35pc tax on dividend income
ISLAMABAD: The Supreme Court has dismissed all appeals filed by the Federal Board of Revenue (FBR) seeking to impose a...
Pakistan, Canada vow to deepen cooperation in trade, investment
ISLAMABAD: Pakistan and Canada on Monday agreed to deepen bilateral cooperation in trade, investment, agriculture and other key sectors as...
Punjab raises concessionary tax rate to 8pc for hotels & restaurants
LAHORE: The Punjab government has increased the concessionary sales tax rate on services provided by hotels and restaurants from 5...
Freelancers earn record $1.76b in FY26 says SBP
KARACHI: Pakistani freelancers earned a record $1.76 billion in foreign exchange during fiscal year 2025-26 (FY26), marking a 78 percent...
Pakistan’s technology exports hit record $4.6b in FY26: Khurram
ISLAMABAD: Adviser to the Finance Minister Khurram Schehzad has said that Pakistan’s technology exports surged to an all-time high of...
Pakistan’s oil import bill exceeds IMF estimate amid global price surge
ISLAMABAD: Pakistan's annual petroleum import bill exceeded the International Monetary Fund's (IMF) forecast during fiscal year 2025-26 after a sharp...
FBR notifies sales tax rules for digitally integrated footwear supply chains
ISLAMABAD: The Federal Board of Revenue (FBR) has issued Sales Tax General Order (STGO) No. 11 of 2026, clarifying the...
FBR exempts certain POS-compliant footwear supplies from retail price tax
ISLAMABAD: The Federal Board of Revenue (FBR) has excluded certain supplies made through digitally integrated and point-of-sale-compliant channels from the...
Tax backlog hits 68,000 despite 24 private members inducted on monthly salaries of up to Rs2.6m; review panel formed
ISLAMABAD: Pakistan’s tax litigation backlog has climbed to around 68,000 cases despite the appointment of 24 private-sector members to the...
Bahrain pulls $30m from Pakistan bonds as Gulf war weighs on foreign investment
ISLAMABAD: Bahrain withdrew $30 million from Pakistan’s domestic bonds during the first 10 days of FY2026-27 as the Gulf conflict...
Aurangzeb reviews digital overhaul of FBR through Faceless Centre
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting to review the implementation roadmap and operational...
Petrol pump owners reject proposed deregulation policy, warn of strike
RAWALPINDI: The All Pakistan Petroleum Dealers Association has rejected the government’s proposed petrol and diesel price deregulation policy and warned...
Govt cuts profit rates on National Savings schemes
KARACHI: The government has reduced profit rates on several National Savings schemes, lowering returns for investors under selected savings instruments....
