Business
Body Formed as Govt Confirms No Fuel Shortfall Amid Israel-Iran War
The government has confirmed there is no fuel shortfall in Pakistan despite the escalating Israel-Iran war. In a proactive move, Prime Minister Shehbaz Sharif has…
Senate Rejects FBR Arrest Powers in Sales Tax Fraud Cases
ISLAMABAD: The Senate Standing Committee on Finance and Revenue has rejected the Federal Board of Revenue’s (FBR) proposal to expand its arrest powers in cases…
Rs200 Prize Bond Draw June 2025 Results Released ( With New Tax Rates)
The Rs200 prize bond draw June 2025 results have been officially announced by the National Savings Centre in Karachi. The lucky winners were selected during…
Fauji Fertilizer Shows Interest in Buying PIA
ISLAMABAD: Fauji Fertilizer Company Limited (PSX: FFC) has officially shown interest in Pakistan International Airlines (PIA) privatization, marking a significant step toward diversifying its investment…
FBR Exempts One-Time Online Sellers from Registration
ISLAMABAD: The Federal Board of Revenue (FBR) has officially confirmed a key FBR online seller exemption, stating that one-time sellers and women operating small home-based…
Senate Panel Approves E-Commerce Tax in Finance Bill 2025–26
ISLAMABAD: The Senate Standing Committee on Finance and Revenue has recommended reducing the sales tax on stationery items from 10% to zero, while also endorsing…
Punjab Set to Present FY 2025-26 Budget Today
LAHORE: The Punjab government is all set to unveil its budget for the financial year 2025-26 today, marking a key milestone in Chief Minister Maryam…
FBR Chief reveals Rs1.2 Trillion Tax Evasion amid Budget Reforms
ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Langrial has revealed that the wealthy class is involved in tax evasion worth Rs 1,233 billion. He…
Sindh unveils Rs3.45 Trillion Tax-Relief Budget to Stimulate Growth
KARACHI: The Sindh government has announced a pro-growth provincial budget for FY 2025–26, totaling Rs3.45 trillion, with a focus on tax relief, development spending, and…
FBR Reverses Tax Relief for Low-Income Salaried Persons
ISLAMABAD: The Federal Board of Revenue (FBR) has reversed the proposed tax relief for low-income salaried persons, according to a statement made during a session…
Govt Sets Rs75,000 Limit on Cash Withdrawals by Non-Filers
ISLAMABAD: The federal government has increased the cash withdrawal limit from Rs50,000 to Rs75,000 for applying the withholding tax on cash withdrawals by non-filers, aiming…
Standing Committee Flags Concerns Over Finance Bill Proposals and FBR Reforms
A meeting of the Standing Committee on Finance and Revenue was held today at the Parliament House, Islamabad, under the chairmanship of Syed Naveed Qamar,…
