EPBD’s BoG rejects granting FBR excessive powers ISLAMABAD: The Economic Policy and Business Development (EPBD) Board of Governors categorically rejected the... Published 14 Jun, 2025 07:01am
Budget 2025-26 Tax gap touches Rs7.1trn mark: FBR says Rs389bn enforcement steps hinge on parliament nod ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial, Friday, disclosed before the National... Published 14 Jun, 2025 06:59am
Budget 2025-26 Naved warns FBR chief over draconian FY26 measures ISLAMABAD: An interesting situation took place during the day-long meeting of National Assembly Standing Committee ... Published 14 Jun, 2025 06:29am
Opinion Pakistan’s vision amidst FY26 Budget Pakistan’s annual budget has traditionally been more of a routine fiscal exercise conducted every year, covering... Published 14 Jun, 2025 06:04am
Budget 2025-26 PRR project: World Bank approves additional $70m credit ISLAMABAD: The World Bank has approved an additional $70 million credit for the Pakistan Raises Revenue (PRR)... Updated 14 Jun, 2025 09:30am
Budget 2025-26 Anomalies in Finance Bill: FBR forms two committees ISLAMABAD: The Federal Board of Revenue (FBR) has formed two anomaly committees to identify and remove the technical... Updated 14 Jun, 2025 09:28am
Budget 2025-26 Non-filers: Govt decides to hike cash withdrawal limit to Rs75,000 ISLAMABAD: The government has decided to increase limit from Rs50,000 to Rs75,000 for charging enhanced rate of... Updated 14 Jun, 2025 03:27pm
Business & Finance Sales Tax Act: Proposed Section 37AA irks businessmen at large LAHORE: Proposed insertion of a new Section 37AA in the Sales Tax Act has irked businessmen at large, authorizing an... Published 14 Jun, 2025 06:04am
Budget 2025-26 Food sector: PVMA Chairman terms Federal Budget disappointing KARACHI: Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has termed the... Published 14 Jun, 2025 06:04am
Budget 2025-26 FPCCI slams 18pc tax on e-commerce transactions, solar panels KARACHI: Vice President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Muhammad Amaan Paracha... Updated 14 Jun, 2025 06:56am
Business & Finance Federal budget not beneficial for industrial sector: UBG KARACHI: United Business Group (UBG) President Zubair Tufail, Core Committee members Malik Khuda Bakhsh, Syed Mazhar... Published 13 Jun, 2025 07:07am
Opinion Budget 2025-2026: Pakistan govt has no vision beyond fiscal survival The federal budget for financial year 2025-26 presented on June 10, 2025, in the National Assembly, has laid bare... Updated 13 Jun, 2025 08:22am
Opinion Pakistan’s export sector at crossroads That Pakistan’s exporters are at a crossroads is a fact. If we are to revive economic momentum and restore our... Updated 13 Jun, 2025 08:23am
Budget 2025-26 Budget 2025-26: Pakistan’s auto industry seeks clarifications about EVs, hybrid cars KARACHI: The automotive industry is seeking urgent clarification on recent measures proposed in the federal budget... Updated 13 Jun, 2025 09:25am
Business & Finance DRAP STRN deregistration case: FTO orders swift conclusion ISLAMABAD: Federal Tax Ombudsman (FTO) has instructed the Large Taxpayers Office (LTO), Islamabad to promptly... Published 13 Jun, 2025 05:59am
Editorials The post-budget govt press conference EDITORIAL: The post-budget press conference held by the federal finance minister Muhammad Aurangzeb, flanked by... Published 13 Jun, 2025 05:59am
Budget 2025-26 Tariff cuts to cause Rs200bn revenue loss ISLAMABAD: The tariff rationalization including changes in import duties slabs, abolition/reduction in customs... Updated 13 Jun, 2025 09:35am
Budget 2025-26 Aurangzeb tells Senate body: Govt eyes $2bn loan to boost reserves ISLAMABAD: Amid expectation of borrowing $2 billion from commercial banks to shore up reserves to $14 billion by the... Updated 13 Jun, 2025 09:25am
Pakistan IHC ruling favours FBR: Leading telecom co to pay Rs22bn ISLAMABAD: The Islamabad High Court (IHC) has issued a judgement against a leading telecom operator, which would... Published 13 Jun, 2025 05:59am
Business & Finance IHC affirms tax department’s stance in Rs59.3bn tower business transaction A Division Bench of the Islamabad High Court (IHC), led by Justice Babar Sattar, has delivered a ruling in favour of... Published 12 Jun, 2025 11:28pm
Business & Finance Budget to spell doom for Pakistan’s IT industry: P@SHA KARACHI: Outrightly rejecting the budget 2025-26, IT industry said budget has fatally ignored Pakistan’s IT and... Updated 12 Jun, 2025 12:00pm
Pakistan Punjab to present ‘tax-free budget’ on 16th: minister LAHORE: The Punjab government will present its annual budget for the fiscal year 2025–26 on June 16, following a... Published 12 Jun, 2025 07:05am
Budget 2025-26 No truths and a lie If there is one thing governments do really well, it is self-congratulation at minor victories that mask deeper... Updated 12 Jun, 2025 08:15am
Opinion PARTLY FACETIOUS: Why did FBR Chairman cancel usual press conference after budget speech? “A universal rule prevails: lessons need not be learned if they go counter to a declared strategy.” “I would... Updated 12 Jun, 2025 08:51am
Budget 2025-26 Post-budget press briefing: Govt warns of Rs500bn more revenue steps Says there is need for enabling amendments and legislation to plug leakages in the system Updated 12 Jun, 2025 09:37am
Budget 2025-26 Tax fraud: IR officers get power of arrest ISLAMABAD: The Federal Board of Revenue (FBR) has given explicit powers to the Inland Revenue officers to arrest... Updated 12 Jun, 2025 09:23am
Budget 2025-26 FBR imposes new levy on locally-made, imported vehicles ISLAMABAD: The government has imposed a new kind of “Energy Vehicle Adoption Levy” on locally manufactured/assembled... Updated 12 Jun, 2025 09:22am
Budget 2025-26 Retail sector woes prompt tax on digital platforms: FBR ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial Wednesday said tax has been imposed on... Updated 12 Jun, 2025 09:38am
Business & Finance Budget 2025-26: ‘Priority is given to defence, interest payments on debt, revenue generation’ KARACHI: The Chairman of National Business Group Pakistan, President of the Pakistan Businessmen and Intellectuals... Updated 12 Jun, 2025 08:43am
Budget 2025-26 Imported cotton yarn: APTMA hails 18pc sales tax imposition ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has appreciated imposing 18 percent sales tax on... Updated 12 Jun, 2025 08:47am