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National Assembly Passes Bill Abolishing FBR Policy Board

25-Jun-2026
The National Assembly on Wednesday passed the Federal Board of Revenue (Amendment) Bill, 2026, formally paving the way for the abolition of the FBR Policy Board under the Federal Board of Revenue Act,...
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National Assembly Passes Bill Abolishing FBR Policy Board

Govt Presents FY25 Accounts, Audit Reports in Assembly

25-Jun-2026
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Wednesday formally laid before the National Assembly the Appropriation Accounts of the Government of Pakistan for FY2024-25, alon...
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Govt Presents FY25 Accounts, Audit Reports in Assembly

SBP Declares July 1 Bank Holiday

25-Jun-2026
The State Bank of Pakistan (SBP) has announced that Wednesday, July 1, 2026, will be observed as a bank holiday, during which the central bank will remain closed for public dealing.In line with the SB...
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SBP Declares July 1 Bank Holiday

Committee Proposes 0.5% Tax for Key Distributors

24-Jun-2026
The National Assembly Standing Committee on Finance and Revenue has recommended the introduction of a reduced minimum tax rate of 0.5% for distributors, dealers, sub-dealers, and wholesalers dealing i...
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Committee Proposes 0.5% Tax for Key Distributors

Punjab Tightens Tax Monitoring of Marriage Halls

24-Jun-2026
The Punjab government has decided to strengthen tax enforcement and revenue monitoring across marriage halls, marquees, farmhouses, and major food chains by introducing camera-based surveillance and e...
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Punjab Tightens Tax Monitoring of Marriage Halls

Audit Flags Rs3.17 Trillion Unapproved Federal Spending

24-Jun-2026
Audit reports for Audit Year 2025-26 have raised serious concerns regarding federal fiscal governance and expenditure controls after identifying significant instances of unapproved supplementary grant...
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Audit Flags Rs3.17 Trillion Unapproved Federal Spending

NCCPL Sets July 3 for May CGT Collection

24-Jun-2026
The National Clearing Company of Pakistan Limited (NCCPL) has announced that it will collect Capital Gains Tax (CGT) arising on the disposal of shares traded at the Pakistan Stock Exchange (PSX) for t...
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NCCPL Sets July 3 for May CGT Collection

SBP To Remain Closed on Ashura Holidays

24-Jun-2026
The State Bank of Pakistan (SBP) has announced that it will remain closed on June 25 and 26, 2026, in observance of public holidays declared on account of Ashura.According to an official statement iss...
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SBP To Remain Closed on Ashura Holidays

FBR May Review Tax Relief on Imported Phones

22-Jun-2026
Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has informed the National Assembly Standing Committee on Finance and Revenue that the government is prepared to examine the possibility ...
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FBR May Review Tax Relief on Imported Phones

Finance Committee Approves Higher ICT Vehicle Token Tax

22-Jun-2026
The National Assembly Standing Committee on Finance and Revenue has approved a revised token tax framework for motor vehicles registered within the Islamabad Capital Territory (ICT), introducing a val...
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Finance Committee Approves Higher ICT Vehicle Token Tax
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