FBR Sets New Customs Values for Imported Firearms
Pakistan’s Directorate General of Customs Valuation Karachi has set new customs values for imported firearms, including Norinco CF98 pistols and CQ A5…
Tag
Taxation
FBR Directs Textile Mills to Install Cameras by November 2026
The Federal Board of Revenue mandates all textile spinning units to install video surveillance cameras by November 2026 to monitor fiber processing.
BOP Reports Strong Nine-Month 2026 Performance
The Bank of Punjab (BOP) has seen significant growth in its financial performance, with Net Interest Income and Non-Markup Income increasing by…
ECC Approves Independent Directors for Strategic Digital Wallet Company
The Cabinet Committee on State-Owned Enterprises has approved the appointment of Independent Directors for the Strategic Digital Wallet Company and other s
Chinese Tech Shares Drive Market Declines Ahead of Key Central Bank Meetings
Chinese stocks slip as tech shares and regional markets decline ahead of key central bank meetings.
Government Proposes Merging Privatisation and PPP Bodies
The government proposes merging the Privatisation Commission and P3A into a single PPPC to streamline state asset sales and PPP projects.
CPEC Wind Project Urges CPPA-G for Rs. 5.824 Billion to Avert Default
UEP Wind Power requests Rs. 5.824 billion from CPPA-G to avoid default, highlighting financial pressures on CPEC projects.
UK faces £400m shortfall in international aid funding
UK faces £400m shortfall in international aid funding by 2027, according to official forecasts.
Pakistan’s economy heavily reliant on expatriate remittances
Pakistan's fiscal deficit narrowed, but the economy remains heavily reliant on expatriate remittances, which are not a substitute for investment or export-
Auto Policy Stalls Over Tax Dispute
Pakistan's new auto policy draft remains unresolved due to a tax disagreement between the Ministry of Industries and Production and the IMF.
Taiwanese firm Hermes Testing Solutions to invest over $215 million
Taiwanese semiconductor testing solutions provider Hermes Testing Solutions Inc. to expand operations with significant investment.
FBR reforms face persistent challenges despite decades of investment
Despite decades of investment, tax reforms in Pakistan continue to face challenges, with the latest plan facing resistance from IRSOA.
Government Introduces Bill to Merge Privatisation Entities
The government introduces a bill to merge the Public-Private Partnership Authority and Privatisation Commission to streamline processes.
Punjab Launches Pakistan’s First Modern Film City
Punjab’s Film City to launch on December 15, 2026, with state-of-the-art facilities and rebates for filmmakers.
IMF Urges Pakistan to Reform Tax System for Fairer Distribution
IMF Director calls for a fairer, broader and more predictable tax system in Pakistan, addressing issues of a narrow tax base and…
Healey’s Budget Secrecy Faces Public Scrutiny
Chancellor John Healey faces public scrutiny over his military-style budget secrecy measures despite significant policies being trailed in the media.
Punjab to Inaugurate First Modern Film City on December 15
Punjab to inaugurate its first modern film city on December 15, with plans to boost the local film industry and promote screen…
Pakistan Rejects High-Interest Loan from Islamic Development Bank
Pakistan has declined a $490 million loan from the Islamic Development Bank due to its high interest rate.
Customs revises values for imported carpets
The Directorate General of Customs Valuation Karachi has revised customs values for imported carpets, setting new benchmark values for nylon and polyester
Pakistan Signs Strategic Defence Agreements with Arab States
Pakistan has signed defence agreements with Saudi Arabia, Turkiye, and Kuwait, focusing on joint production and diversification of defence suppliers.