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Weak enforcement allows illicit trade, causing revenue losses
ISLAMABAD: The Federal Board of Revenue (FBR) continued to struggle to achieve its revenue targets, not due to economic weakness...
TCS, Nippon Express forge strategic logistics partnership
KARACHI: TCS Group has entered into a strategic partnership with Japan’s Nippon Express Group to strengthen logistics services and trade...
FBR sends compliance SMS even to FinMin as tax broadening drive
ISLAMABAD: Pakistan’s Federal Board of Revenue (FBR) has intensified its efforts to expand the tax base by sending reminder text...
FBR Chairman offers to expose powerful figures hindering anti-tax evasion drive
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has offered to reveal the identities of influential individuals allegedly...
NCP industrial expo marks breakthrough in Pakistan’s innovation drive
ISLAMABAD: The National Centre for Physics (NCP) concluded its first-ever Industrial Expo 2026, a landmark event that highlighted Pakistan’s growing...
WB chief distributes house ownership documents among women in Village Bahawal Jat
LARKANA: World Bank President Ajay Banga and Sindh Chief Minister (CM) Syed Murad Ali Shah have reached Bahawal Jat village,...
Finance Minister meets Pharma Bureau delegation on pharmaceutical sector issues
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with a high-level delegation from the Pharma Bureau today...
Cabinet panel approves EXIM Bank procurement policy, clears board appointments
ISLAMABAD: The Cabinet Committee on State-Owned Enterprises approved the Procurement Policy of the Export-Import Bank of Pakistan 2025, aimed at...
FBR Chairman offers installment option for Rs217b super tax arrears
ISLAMABAD: The Federal Board of Revenue (FBR) has announced major relief for Pakistan’s business community by agreeing to recover pending...
ECC defers ECP grant request, approves Rs1b for scholarships, relief allocations
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet deferred a request by the Election Commission of Pakistan (ECP) for...
Pakistan exporters eye Saudi Arabia as Vision 2030 fuels healthcare expansion
ISLAMABAD: Pakistan’s globally recognised surgical instruments industry is eyeing Saudi Arabia as a “lucrative” growth market, as the Kingdom ramps...
LESCO reduces export unit rate for net metering consumers
LAHORE: Lahore Electric Supply Company (LESCO) has reduced the electricity export rate by 66 paisa for net metering customers. The...
SBP governor says new designs, polymer currency under review
KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad dismissed reports of plans to phase out the Rs5,000 currency note,...
FBR imposes major penalty on customs inspector Abdul Fatah for possessing NCP vehicle
LAHORE: The Federal Board of Revenue (FBR) has imposed a major penalty on a customs official after disciplinary proceedings established...
FBR issues Rs189m tax demand against M/s Sazgar Engineering Works Ltd
KARACHI: The Federal Board of Revenue (FBR) has raised a tax demand of Rs188.9 million against Sazgar Engineering Works Limited,...
KPRA forms task force to ensure monitoring, enforcement
PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) constituted a task force to ensure continuous monitoring and enforcement. The decision was taken...
Pakistan, Kazakhstan set $1b trade target, agree on regional transport corridor
ISLAMABAD: Pakistan and Kazakhstan on Wednesday agreed to significantly enhance trade, investment, and regional connectivity, committing to raise the bilateral...
Senate pushes back against immediate super tax recovery
ISLAMABAD: The Senate Standing Committee on Finance and Revenue on Wednesday asked the Federal Board of Revenue (FBR) to allow...
FBR introduces new auction procedure for shipborne scrap
ISLABABAD: The Federal Board of Revenue (FBR) on Wednesday introduced a detailed procedure for the auction of shipborne scrap, aiming...
FBR notifies key amendments to export facilitation scheme rules
ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday announced important amendments to the Customs Rules, 2001, introducing changes to...
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