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FBR Orders Immediate Referral Of Suspected Tax Fraud Cases

08-Mar-2026
The Federal Board of Revenue (FBR) has directed all field formations to promptly refer cases involving suspected tax fraud to the Directorate of Intelligence & Investigation (Inland Revenue). The ...
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FBR Orders Immediate Referral Of Suspected Tax Fraud Cases

tax collection reaches Rs8.1 trillion and remittances cross $23 billion in fy26

08-Mar-2026
Pakistan’s economy has shown early indications of recovery during the first eight months of FY2025–26, with federal tax receipts reaching approximately Rs8.1 trillion between July and February, co...
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tax collection reaches Rs8.1 trillion and remittances cross $23 billion in fy26

ECC Approves Multiple Supplementary Grants Across Key Sectors

07-Mar-2026
The Economic Coordination Committee of the Cabinet (ECC) has approved multiple Technical Supplementary Grants (TSGs) across several sectors, including energy, education, disaster management and public...
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ECC Approves Multiple Supplementary Grants Across Key Sectors

Pakistan Enacts Virtual Assets Act 2026, Establishes PVARA

07-Mar-2026
Pakistan has formally enacted the Virtual Assets Act 2026, introducing a comprehensive legal and regulatory framework for the governance of the country’s digital asset and virtual finance ecosystem....
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Pakistan Enacts Virtual Assets Act 2026, Establishes PVARA

Karachi Port Handles UAE Cargo Amid Gulf Shipping Disruptions

07-Mar-2026
Karachi Port has started handling transhipment cargo destined for the United Arab Emirates following significant disruptions in regional maritime routes caused by the ongoing geopolitical tensions inv...
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Karachi Port Handles UAE Cargo Amid Gulf Shipping Disruptions

FBR Issues SOPs for Tax Fraud Proceedings Under Section 37A

07-Mar-2026
The Federal Board of Revenue (FBR) has issued comprehensive Standard Operating Procedures (SOPs) governing the initiation of inquiries, investigations, prosecutions, and arrests in cases involving all...
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FBR Issues SOPs for Tax Fraud Proceedings Under Section 37A

APTMA Seeks Super Tax Relief for Textile Exporters

07-Mar-2026
The All Pakistan Textile Mills Association (APTMA) has urged the Federal Board of Revenue (FBR) to allow textile exporters to adjust their super tax liabilities against pending tax refunds and to perm...
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APTMA Seeks Super Tax Relief for Textile Exporters

Pakistan Increases Petrol and Diesel Prices by Rs55 Per Litre Amid Rising Global Oil Prices

06-Mar-2026
Islamabad: The federal government has announced a significant increase in petroleum prices, raising both petrol and diesel rates by Rs55 per litre due to rising global oil prices. The surge in interna...
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Pakistan Increases Petrol and Diesel Prices by Rs55 Per Litre Amid Rising Global Oil Prices

Study Shows Salaried Class Bearing Pakistan’s Largest Tax Burden

06-Mar-2026
A recent study examining Pakistan’s taxation framework has revealed that the salaried segment is bearing a disproportionately larger share of the country’s tax burden compared with several other e...
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Study Shows Salaried Class Bearing Pakistan’s Largest Tax Burden

SBP Revokes License Of Riaz Exchange Company

06-Mar-2026
The State Bank of Pakistan (SBP) has formally withdrawn the authorization granted to Riaz Exchange Company (Pvt.) Ltd. to operate as a foreign exchange dealer after the company requested permission to...
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SBP Revokes License Of Riaz Exchange Company
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