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FPCCI Releases Alternative Economic And Tax Reform Framework

26-May-2026
The Federation of Pakistan Chambers of Commerce and Industry has unveiled four independent “shadow” policy studies presenting an alternative economic framework aimed at accelerating economic growt...
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FPCCI Releases Alternative Economic And Tax Reform Framework

Report Warns Against Pakistan’s High Mobile Tax Burden

26-May-2026
Global consultancy Frontier Economics has warned that Pakistan’s cumulative tax burden on mobile services, estimated at 37%, ranks among the highest internationally and is negatively affecting mobil...
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Report Warns Against Pakistan’s High Mobile Tax Burden

SHC Acquits Former NBP President in Hascol Case

26-May-2026
The Sindh High Court has acquitted former National Bank of Pakistan president Syed Ahmed Iqbal Ashraf in the ₨54 billion Hascol financing case after observing that a substantial number of individual...
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SHC Acquits Former NBP President in Hascol Case

LHC Petition Challenges Punjab Agricultural Tax Increase

25-May-2026
A constitutional petition has been filed before the Lahore High Court challenging the Punjab government’s decision to increase agricultural income tax rates, with petitioners alleging that the revis...
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LHC Petition Challenges Punjab Agricultural Tax Increase

President Rejects FBR Demand for Surety Bonds

25-May-2026
Asif Ali Zardari has dismissed a representation filed by the Federal Board of Revenue against the Federal Tax Ombudsman, rejecting the tax authority’s position that taxpayers should be required to f...
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President Rejects FBR Demand for Surety Bonds

Government Nears Deal on Retailers’ Fixed Tax Scheme

25-May-2026
The federal government and representatives of the trader community are reportedly nearing consensus on a proposed simplified fixed tax regime for retailers, which is expected to form part of the Finan...
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Government Nears Deal on Retailers’ Fixed Tax Scheme

Main Suspect Arrested in ₨1.4 Billion Housing Fraud Case

25-May-2026
 The principal accused in a multi-billion-rupee housing fraud investigation has been arrested in the United Arab Emirates following an international operation conducted through coordination betwe...
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Main Suspect Arrested in ₨1.4 Billion Housing Fraud Case

Senate Approves Seven Key Government Bills

22-May-2026
The Senate of Pakistan on Thursday approved seven government bills, including the Fiscal Responsibility and Debt Limitation (Amendment) Bill, 2026, aimed at strengthening the operational framework and...
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Senate Approves Seven Key Government Bills

Pakistan’s Weekly Inflation Falls by 0.33%: PBS

22-May-2026
Pakistan’s weekly inflation rate, measured through the Pakistan Bureau of Statistics Sensitive Price Indicator (SPI), recorded a decline of 0.33% for the week ending May 21, 2026, primarily due to r...
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Pakistan’s Weekly Inflation Falls by 0.33%: PBS

FBR Suspends K-Electric Sales Tax Registration Status

22-May-2026
The Federal Board of Revenue has suspended the sales tax registration status of K-Electric with effect from May 20, 2026, according to taxpayer registration information available on the FBR’s online...
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FBR Suspends K-Electric Sales Tax Registration Status
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