Latest News
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 recovers Rs4m from Cheezious in tax compliance action
SAHIWAL: The Federal Board of Revenue (FBR) has recovered Rs. 4 million from popular fast-food chain Cheezious following an enforcement...
FBR revenue shortfall swells to Rs868b as tax collection misses target
ISLAMABAD: The Federal Board of Revenue (FBR) recorded a revenue gap of Rs868 billion during the first 11 months of...
Pakistan likely to allocate Rs1,126b for development projects in budget 2026-27
ISLAMABAD: Pakistan is expected to allocate around Rs1,126 billion for development projects in the upcoming federal budget 2026–27, according to...
Sindh govt finalises over Rs900b development budget for FY2026-27
KARACHI: The Sindh government has completed preparations for its Annual Development Budget for the fiscal year 2026-27, proposing a total...
CDNS nears annual savings goal with Rs1230b inflows in FY2025–26
KARACHI: The Central Directorate of National Savings (CDNS) has mobilized Rs1230 billion in investments from July 1 to May 31...
Finance ministry allocates Rs1.126 trillion for PSDP 2026-27
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Monday said the Ministry of Finance has allocated...
FBR tax collection rises to Rs966b in May 2026
ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs 966 billion in tax revenues during May 2026, representing a 7%...
Govt plans massive tariff cuts in Budget 2026-27 to boost industry & exports
ISLAMABAD: The federal government is preparing to introduce a major tariff reduction package in the Budget 2026-27 aimed at lowering...
President summons NA, Senate budget sessions on June 5
ISLAMABAD: President Asif Ali Zardari has summoned sessions of the National Assembly and Senate on June 5, with both houses...
Customs launches nationwide crackdown on smuggling, seizes tyres, fuel, betel nuts and NCP vehicles
LAHORE: Customs authorities have intensified a nationwide enforcement campaign against smuggled goods, non-duty-paid vehicles, petroleum products and other contraband items...
FBR tightens registration rules for international NGOs operating in Pakistan
ISLAMABAD: The Federal Board of Revenue (FBR) has amended the Income Tax Rules, 2002, introducing stricter registration requirements for international...
MTO Karachi exceeds May tax collection target by Rs2b
KARACHI: The Medium Taxpayers’ Office (MTO) Karachi has surpassed its tax collection target for May 2026, collecting Rs27 billion against...
Pakistan may end tax exemptions on EVs, hybrid vehicles in budget 2026-27
ISLAMABAD: Electric and hybrid vehicles in Pakistan may become significantly more expensive as the government considers ending tax exemptions and...
Govt slashes jet fuel, light diesel prices in major relief move
ISLAMABAD: The government has issued a notification announcing a significant reduction in the prices of selected petroleum products, lowering the...
Overseas Pakistanis get major facility
ISLAMABAD: The process of filing income tax returns for overseas Pakistanis has been made easier, allowing expatriates to submit their...
Govt considers salary, pension hike proposals in upcoming budget
ISLAMABAD: The government has prepared multiple proposals to increase salaries and pensions for salaried employees and pensioners in the upcoming...
Gohar Ejaz introduces sample one-page income tax return form
LAHORE: The Chairman of Economic Policy and Business Development of Pakistan and a former caretaker federal minister, Gohar Ejaz, has...
Sindh reduces sales tax on motorcycle ride-hailing services to 2pc
KARACHI: The Sindh Revenue Board (SRB) has reduced sales tax on motorcycle ride-hailing services from 5 percent to 2 percent...
KTBA urges govt to reduce higher WHT on property
KARACHI: The Karachi Tax Bar Association (KTBA) has urged the government and the Federal Board of Revenue (FBR) to reduce...
SBP expands role of banks in foreign shareholding system
KARACHI: The State Bank of Pakistan has approved a regulatory overhaul that delegates key share registration and repatriation functions for...
