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IMF forecasts slower growth, higher inflation for Pakistan

Govt raises petroleum levy; taxes hike petrol, diesel prices

Experts urge expansion of Third Schedule in sales tax regime

FPCCI felicitates nation, Pak Army on one year of Marka-e-Haq

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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

PNSC adds oil tanker to fleet as MT Karachi arrives with first cargo at port

KARACHI: The Pakistan National Shipping Corporation (PNSC) has expanded its fleet with the addition of a new oil tanker, MT...

Pakistan taps US crude in $430m private-sector oil deal, cuts reliance on Hormuz route

LAHORE: Pakistan has diversified its crude oil sourcing after Cnergyico Pk executed a private-sector commercial transaction to import six million...

SBP cuts banks’ cash reserve requirement to 5pc from 6pc boost private sector lending

KARACHI: The State Bank of Pakistan announced a reduction in the cash reserve requirement (CRR) for banks, a move aimed...

FBR to implement AI-based chick counting system to monitor poultry sector

ISLAMABAD: The Federal Board of Revenue (FBR) has announced plans to implement an advanced Artificial Intelligence (AI) system to monitor...

ECC approves key economic, sectoral measures on food security, energy, health, education

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the disposal of 500,000 metric tons of PASSCO...

German Envoy calls on Finance Minister, discussed economic cooperation

ISLAMABAD: Pakistan and Germany on Wednesday reaffirmed their strong and longstanding partnership, underscoring their shared commitment to maintaining close coordination...

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IMF seeks recovery of super tax arrears in a month: Sources

ISLAMABAD: The IMF (International Monetary Fund) stressed on the Pakistan government that all pending recoveries be completed within a month...

Pakistan, Turkiye move to boost rice trade amid deepening economic ties

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan held a detailed meeting with the Turkish Ambassador to Pakistan, Dr. Irfan...

WHT collection from retailers soars 37pc in 1HFY26

ISLAMABAD: The Federal Board of Revenue (FBR) has reported a 37% increase in withholding tax collection from retailers during the...

RPO assures business community of improved security, law & order

FAISALABAD: Regional Police Officer (RPO) Sohail Akhtar Sukhaira visited Faisalabad Chamber of Commerce & Industry (FCCI) and assured the business...

Human capital key to SME productivity growth: Alamgir

ISLAMABAD: National Productivity Organization (NPO) Chief Executive Officer Muhammad Alamgir Chaudhry on Tuesday highlighted the strategic importance of human capital...

FCC upholds super tax, clears way for Rs300b revenue

ISLAMABAD: The Federal Constitutional Court (FCC) on Tuesday dismissed all petitions challenging the super tax and upheld the constitutional validity...

S&P outlook aligns with central bank forecasts, signals stability: Khurram Schehzad

KARACHI: Pakistan’s finance ministry adviser Khurram Schehzad said on Tuesday S&P Global Market Intelligence’s latest macroeconomic forecast for Pakistan broadly...

SCP declares FBR tax orders issued after legal time limit unlawful

ISLAMABAD: The Supreme Court of Pakistan (SCP) has declared tax orders issued by the Federal Board of Revenue (FBR) after...

FBR abolishes role of local agents in assessing duties, taxes on vehicles’ import

ISLAMABAD: The Federal Board of Revenue (FBR) has issued Customs General Order (CGO) abolishing the role of authorised local agents...

Pakistan Customs highlights role in protecting society, destroys Rs1.2b smuggled goods at WCO 2026 event

LAHORE: Pakistan Customs underscored its commitment to safeguarding society and strengthening trade facilitation in line with the World Customs Organization’s...

FBR warns of action against customs officials using social media

ISLAMABAD: The Federal Board of Revenue (FBR) has announced strict action against Customs officers and officials found using social media...

Uzbekistan, Pakistan poise to deepen ties as President Mirziyoyev plans February visit

KARACHI: President Shavkat Mirziyoyev’s upcoming visit to Islamabad in February 2026 is set to mark a major step forward in...

Macroeconomic stability maintained in 1st half of FY26: Finance Ministry

ISLAMABAD: The country’s economy has completed first half of FY2026 with continued macroeconomic stability, reflected in contained inflation, rebound Large...

WB urges tax reforms, environmental measures to boost Pakistan’s revenue