Fiscal consolidation and social sector expansion: Punjab govt maintains balanced approach LAHORE: Despite fiscal challenges and persistent structural rigidities, the Punjab government has maintained a... Published 21 Jun, 2025 06:06am
Opinion Budget 2025–2026: A hope for progress or a storm of inflation? In Pakistan, the annual budget is seen as an opportunity for the government to express its economic priorities and... Published 17 Jun, 2025 03:11am
Budget 2025-26 Development outlay soars 50pc to Rs4.2trn in 2 years: minister ISLAMABAD: Federal Minster for Planning, Development and Special Initiatives Ahsan Iqbal said that Pakistan’s... Updated 13 Jun, 2025 09:25am
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
Editorials Budget consultation with IMF EDITORIAL: Prime Minister Shehbaz Sharif while speaking to a group of journalists in Peshawar stated that ongoing... Updated 05 Jun, 2025 07:57am
Business & Finance PRA achieves record-breaking tax collection LAHORE: The Punjab Revenue Authority (PRA) has achieved a significant milestone by collecting a record Rs. 26.12... Published 04 Jun, 2025 03:03am
Print Fitch upgrades Pakistan’s rating: macroeconomic stabilisation acknowledged Monthly Economic Update released by Finance Division says fiscal indicators demonstrate enhanced management discipline Updated 30 May, 2025 10:49am
Editorials Pakistan’s smuggling epidemic EDITORIAL: For decades, illicit trade and smuggling of goods across multiple sectors have imposed a crippling drain... Updated 21 May, 2025 07:41am
Print Tobacco, poultry sectors accused of evading Rs400bn tax ISLAMABAD: Chairman of the Federal Board of Revenue (FBR) Rashid Mahmood Langrial, Friday, disclosed massive tax... Updated 10 May, 2025 08:51am
Budget 2025-26 2.4% of GDP: Jul-Mar budget deficit stands at Rs2.97trn ISLAMABAD: Pakistan’s budget deficit was recorded at Rs2.97 trillion (2.4 percent of the GDP) in the first nine... Updated 14 May, 2025 05:42pm
Business & Finance Punjab govt achieves record-breaking tax collection LAHORE: The Punjab government has demonstrated outstanding performance by collecting a record Rs23.7 billion during... Published 06 May, 2025 03:19am
Business & Finance HCSTSI says concerned at FBR’s ‘excessive’ powers HYDERABAD: President Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Saleem Memon, has... Published 05 May, 2025 06:14am
Print Pre-suspension notices to taxpayers perturb PTBA KARACHI: The Pakistan Tax Bar Association (PTBA) has expressed concerns over pre-suspension notices being issued to... Updated 17 Apr, 2025 09:08am
Business & Finance Collection of withholding tax: Footwear manufacturer fails to defy notice LAHORE: A footwear manufacturer failed to defy a show-cause notice regarding collection of withholding tax. The... Published 16 Apr, 2025 08:05am
Budget 2025-26 Salaried class: Call for revision of tax slabs, rise in exemption limits ISLAMABAD: The Salaried Class Alliance Pakistan has called for a revision of tax slabs, an increase in exemption... Updated 14 Apr, 2025 08:56am
Budget 2025-26 Budget FY26: Relief for salaried people, cut in power rates likely Finance Minister Muhammad Aurangzeb says efforts under way to lower power bills by July, or earlier Updated 12 Apr, 2025 02:55pm
Pakistan US criticises Pakistan’s trade policies in new report The US government has raised concerns over Pakistan’s trade and investment policies, highlighting their adverse... Updated 04 Apr, 2025 10:59pm
Print March revenue collection plan falls short of target ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a shortfall below Rs 100 billion during March 2025. A top... Updated 30 Mar, 2025 08:50am
Editorials A tax framework designed to fail EDITORIAL: The country’s fundamentally flawed tax system has long undermined the business environment, slowed... Published 28 Mar, 2025 06:24am
Print 1HFY25 direct tax collection rises 29.4pc YoY ISLAMABAD: The collection of direct taxes has shown an increase of 29.4 percent during first six months of 2024-25... Updated 27 Mar, 2025 03:13pm
Print Tax on banks’ income: PM’s economic reforms boost exchequer by Rs34.5bn ISLAMABAD: The vacation of stay order by the Lahore High Court regarding tax on windfall income of banks resulted in... Updated 23 Mar, 2025 10:20pm
Opinion Pakistan in dire need of reforms The economic situation in Pakistan remains complex, with fluctuating growth rates, high prices of commodities, and... Published 21 Mar, 2025 06:45am
Opinion Light of hope Regardless of how violently the wick of hope flickers due to changing dynamics and the burden of past misdeeds, it... Published 19 Mar, 2025 06:24am
Print Jul-Feb tax collection falls short of target Federal Board of Revenue collects Rs7,346 billion during the first eight months Updated 14 Mar, 2025 04:48pm
Opinion Uraan to trillion-dollar economy It is indeed unfortunate that the policymakers remain totally disconnected with the prevalent ground realities in... Published 13 Mar, 2025 05:28am
Opinion Unravelling cigarette tax revenue mystery The first half of fiscal year 2025 has painted a perplexing picture of Pakistan’s cigarette industry. The latest... Published 11 Mar, 2025 06:25am
Editorials Inequitable as well as unsustainable EDITORIAL: The latest tax collection data confirms the uncomfortable truth that Pakistan’s salaried class is... Updated 10 Mar, 2025 06:17am
Print Electricity top contributor: Jul-Dec GST collection soars 53.5% to Rs283.177bn YoY ISLAMABAD: The sales tax (domestic) collection at local stage from electricity stood at Rs283.177 billion during... Updated 09 Mar, 2025 10:16pm
Opinion TPO: A test of reform Pakistan’s taxation and trade enforcement systems remain highly inefficient. The Federal Board of Revenue (FBR) has... Updated 04 Mar, 2025 06:58am
Print July-December: 26pc increase in WHT collection YoY ISLAMABAD: The overall collection of withholding taxes (WHT) showed a major increase of 26 percent during... Updated 03 Mar, 2025 09:27am