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Business & Finance

PYMA slams duty structures, policy ambiguities in federal budget

KARACHI: Muhammad Saqib Goodluck, Chairman of The Pakistan Yarn Merchants Association (PYMA), has risen significant...

Published 23 Jun, 2025 05:45am

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Pakistan budget for 2025-26 to consolidate economic gains, NA told

ISLAMABAD: Amid criticism from opposition lawmakers, Minister of State for Finance Bilal Azhar Kayani on Friday said...

Updated 21 Jun, 2025 02:59pm

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Import of up to 5-year-old used vehicles allowed with 40% extra tariff

ISLAMABAD: The government has allowed import of up to five-year-old/used vehicles imported in commercial quantities...

Updated 21 Jun, 2025 02:59pm

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Arrests for tax fraud: major changes made in sales tax law thru Finance Bill

Bill currently being discussed in National Assembly, among various business circles, says FBR

Updated 21 Jun, 2025 03:00pm

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Between optics and austerity

Pakistan’s economic policies resemble a car with two drivers, each pulling the wheel in opposite directions. One...

Published 19 Jun, 2025 06:56am

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Solar power: Curb the bigger beast of net-metering first

News is out that the National Assembly Standing Committee on Finance has unanimously rejected the proposed 18 ...

Updated 19 Jun, 2025 09:08am

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Sales Tax cut on solar panels import: Rs20bn revenue hit expected

ISLAMABAD: The government is all set to abolish sales tax on the import of solar panels having revenue impact of Rs...

Published 19 Jun, 2025 05:53am

Business & Finance

Digital sales tax stays with provinces, solar GST cut to 10%: Dar

Deputy Prime Minister and Foreign Minister, Senator Muhammad Ishaq Dar on Wednesday said that the digital sales tax...

Published 18 Jun, 2025 06:07pm

Perspectives

Sustainable path to $100 billion textile exports

The Government of Pakistan appreciates the proactive engagement of textile sector associations in highlighting the...

Published 18 Jun, 2025 05:34pm

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Mian Zahid concerned over proposed 18pc tax on solar panels

KARACHI: The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and...

Published 18 Jun, 2025 06:59am

Markets

NA panel rejects 18pc GST on solar panels

ISLAMABAD: The National Assembly Standing Committees on Finance and Revenue, unanimously, rejected the proposal of...

Published 18 Jun, 2025 06:10am

Business & Finance

Tax-related issues facing APTMA will be resolved, CC LTO Lahore tells office-bearers

LAHORE: Sajjad Tasleem Azam, Chief Commissioner Large Tax Office (LTO) Lahore, has assured APTMA members of solving...

Published 18 Jun, 2025 06:10am

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Govt could have done more in the budget

EDITORIAL: The tailwind is with them — the economy is stabilising, elections are three years away, and the...

Published 17 Jun, 2025 03:11am

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Punjab Finance Bill aims at rationalising ST on services structure

LAHORE: With a view to rationalise the structure of sales tax on services in Punjab and to deal with the matters...

Published 17 Jun, 2025 03:11am

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Senate body backs zero ST on stationery, okays tax on e-commerce

ISLAMABAD: The Senate Standing Committee on Finance and Revenue recommended to reduce the sales tax on stationery...

Updated 16 Jun, 2025 09:00am

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Only SRB submits Finance Bill feedback to Senate panel

ISLAMABAD: Except Sindh Revenue Board (SRB), provinces have not submitted their observations on the Finance Bill...

Updated 16 Jun, 2025 09:27am

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Sindh budget

EDITORIAL: The Sindh budget for 2025-26 was considerably more realistic relative to the federal budget on four...

Updated 16 Jun, 2025 07:56am

Business & Finance

Budget: LCCI urges govt to address concerns ahead of NA debate

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to ensure immediate ...

Published 13 Jun, 2025 06:58am

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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

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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

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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

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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

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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

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Rs17.6trn FY26 Budget unveiled under the shadows of IMF conditions, US tariff tensions and war threat

Federal expenditure cut by a hefty 7%

Published 11 Jun, 2025 06:04am

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Analysis: More of the same, just tighter

If the tax rate on bank deposit income is increased by one-third, what exactly is bold about this budget? There is ...

Published 11 Jun, 2025 06:04am

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Banks to act as WHT agents: ‘Digital levy’ introduced in Pakistan

KARACHI: The federal government has introduced “Digital Transactions Proceeds Levy” along with necessary changes in...

Updated 11 Jun, 2025 11:10am

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Taxmen get more powers to target unregistered taxpayers

ISLAMABAD: The government, through the Finance Bill 2025-26, has proposed to grant extensive discretionary powers to...

Published 11 Jun, 2025 06:04am

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Over Rs623bn new taxes unveiled

ISLAMABAD: The government has introduced first of its kind of Finance Bill 2025-26 with extraordinary enforcement...

Updated 11 Jun, 2025 11:11am

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Accelerating sell-off: GST waiver on aircraft leasing for PIA announced

KARACHI: The federal government has announced to introduce sales tax exemptions on aircraft imports and leasing for...

Published 11 Jun, 2025 06:04am

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Tax relief costs kitty Rs5.84trn

ISLAMABAD: Total tax exemptions, concessions/reduced rates, zero-rating and special tax treatments to various...

Updated 10 Jun, 2025 09:27am