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SBP cancels license of Time Exchange Company over regulatory violations
KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization and license of Time Exchange Company (Pvt.) Limited with...
Punjab govt to install surveillance cameras in marriage halls & restaurants to stop tax evasion
LAHORE: The Punjab government has approved a digital monitoring system for marriage halls, marquees, farmhouses, and restaurants. The move aims...
SBP announces Ashura holidays on June 25, 26
KARACHI: The State Bank of Pakistan (SBP) will remain closed on June 25 and 26, 2026 (Thursday and Friday) on...
NA approves Finance Bill 2026-27, rejects opposition amendments
ISLAMABAD: Pakistan’s National Assembly on Monday passed the Finance Bill 2026-27 by a majority vote, rejecting all amendments moved by...
SBP releases advance calendar of Monetary Policy Committee meetings for FY27
KARACHI: The State Bank of Pakistan (SBP) has released the advance calendar for Monetary Policy Committee (MPC) meetings for FY27,...
FBR extends customs duty exemption on aircraft and aviation parts for FY2026-27
ISLAMABAD: The Federal Board of Revenue (FBR) has extended customs duty exemptions on the import of aircraft, aviation spare parts,...
Chairman FBR, Secretary finance host luncheon to honor Budget team
ISLAMABAD: Chairman FBR,Rashid Mahmood Langrial, and Secretary Finance, Imdad Ullah Bosal, hosted a luncheon today to honor the core budget...
Islamabad vehicle owners face higher token tax under new revenue plan
ISLAMABAD: The National Assembly’s Standing Committee on Finance has approved an increase in vehicle token tax rates in Islamabad, marking...
Envoys show keen interest in RCCI medHealth & beauty Expo 2026
ISLAMABAD: The Rawalpindi Chamber of Commerce and Industry (RCCI) continued to strengthen Pakistan’s international engagement in the healthcare and wellness...
Hutchison’s $3b Karachi port expansion plan stuck over concession, procurement issues: report
KARACHI: A planned $3 billion investment by Hong Kong-based Hutchison Ports to expand container handling facilities at Karachi’s ports has...
Customs announces auction of overstay hydrocarbon solvent at Taftan & Quetta Dry Port
QUETTA: Pakistan Customs has announced the auction of multiple overstay consignments of Light Aliphatic Hydrocarbon Solvent, commonly known as White...
APTMA, FBR at loggerheads over installation of monitoring cameras
LAHORE: A dispute between the All Pakistan Textile Mills Association (APTMA) and the Federal Board of Revenue (FBR) has intensified...
FBR confirms no increase in customs duty on imported smartphones from July 1, 2026
ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that customs duty rates on imported smartphones will remain unchanged from...
Sales tax concessions on reduced rates jump to Rs636b
ISLAMABAD: The Federal Board of Revenue (FBR) has disclosed a significant rise in sales tax concessions granted through reduced tax...
NA approves Rs3 trillion defence budget for FY2026-27 without opposition
ISLAMABAD: The National Assembly on Monday unanimously approved a Rs. 3 trillion allocation for Pakistan’s armed forces as part of...
Petrol, diesel prices still carry 29pc tax despite cut: sources
ISLAMABAD: Taxes continue to account for 29% of the prices of both petrol and diesel despite the government’s latest reduction...
FBR notifies updated customs duty on import of hybrid vehicles
ISLAMABAD: The Federal Board of Revenue (FBR) has notified revised customs duty provisions for the import of Hybrid Electric Vehicles...
Pakistan to receive 50,000 tons of fertilizer imports From Morocco
KARACHI: Pakistan is set to receive a major shipment of phosphate-based fertilizers from Morocco as part of efforts to ensure...
FPCCI committee charts roadmap to boost trade, investment growth
ISLAMABAD: The first meeting of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Central Standing Committee-2026 on Import,...
Budget 2026-27: Khyber Pakhtunkhwa proposes major tax relief for low-income employees
PESHAWAR: The Government of Government of Khyber Pakhtunkhwa has announced a wide-ranging tax relief package in its budget for the...
