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ISLAMABAD: Pakistan and Iran on Tuesday reiterated their resolve to expand bilateral trade to $10 billion, with Commerce Minister Jam calling for transforming “historic brotherly relations” with I...
ISLAMABAD: The Federal Tax Ombudsman (FTO) has detected what it termed an organised scam involving the import and clearance of an iPhone 16 and directed the Federal Board of Revenue (FBR) to investiga...
• Falls to 11,592 containers worth $367m in FY26• Afghanistan increasingly relies on Iran, Central Asian trade routes• Reverse transit collapses from $454m in FY25 to just $7m ISLAMABAD: Afghani...
The government has planned to bring 3.5 million small shopkeepers and traders with annual turnover of Rs200m into tax net during 2026-27.—PPI/file ISLAMABAD: The Federal B...
While the general sales tax (GST) on services was the main driver of provincial tax collections in 2025-26, the more significant story is the revenue the provinces failed to mobilise. A closer examina...
ISLAMABAD: Russia has lifted restrictions on the import of potatoes from Punjab, allowing 101 exporters to resume shipments from July 7 after reviewing Pakistan’s phytosanitary control system, Pakis...
Source: FBR THE first year of Pakistan’s unified agriculture income tax regime has exposed a stark gap between policy ambition and revenue collection, with provincial tax ...
ISLAMABAD: Pakistan’s consumer inflation rate eased slightly to 11.1 per cent in June from 11.7pc a month earlier, mainly due to lower prices of energy and essential food items, according to data re...
ISLAMABAD: In a major shift from past practice, the Federal Board of Revenue (FBR) is considering replacing monthly tax collection targets with a fiscal-year-based performance evaluation system for it...
ISLAMABAD: The Federal Board of Revenue (FBR) has formally notified the establishment of a new land customs station at the border town of Taftan, a move that signals renewed focus on formalising and e...