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FBR Collects Rs357 Billion From Tobacco Sector

22-Jul-2026
The Federal Board of Revenue (FBR) collected Rs357 billion in federal excise duty, general sales tax, and income tax from Pakistan’s tobacco sector during FY2025-26, up from Rs315 billion recorded i...
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FBR Collects Rs357 Billion From Tobacco Sector

FBR Proposes Committees To Screen Tax Cases

22-Jul-2026
The Federal Board of Revenue (FBR) has proposed the creation of Independent Case Scrutiny Committees to stop weak or unnecessary tax cases from being taken to higher courts, according to SRO 1138(I)/2...
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FBR Proposes Committees To Screen Tax Cases

97% Expect SBP To Hold Policy Rate

21-Jul-2026
According to a survey conducted by Topline Securities, nearly 97% of market participants expect the State Bank of Pakistan (SBP) to keep its benchmark policy rate unchanged at 11.5% during the upcomin...
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97% Expect SBP To Hold Policy Rate

FBR Excludes FTA, PTA Duty Concessions From Report

21-Jul-2026
The Federal Board of Revenue (FBR) has excluded customs duty concessions provided under Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) from its Tax Expenditure Report 2026.Accor...
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FBR Excludes FTA, PTA Duty Concessions From Report

Government Advances PNSC Stake Sale to NLC

21-Jul-2026
The federal government has constituted two sub-committees to finalize the financial, commercial, and legal framework for the proposed sale of a 30% stake in the Pakistan National Shipping Corporation ...
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Government Advances PNSC Stake Sale to NLC

Pakistan Begins Daily Fuel Price Revisions

21-Jul-2026
ISLAMABAD: Pakistan implemented its new daily fuel pricing system on Monday, increasing the ex-depot price of high-speed diesel (HSD) by Rs5.71 per litre to Rs360.06, while cutting the price of petrol...
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Pakistan Begins Daily Fuel Price Revisions

Supreme Court Rejects FBR Dividend Tax Petitions

21-Jul-2026
The Supreme Court has ruled that dividend income earned by companies must be taxed exclusively under Section 5 of the Income Tax Ordinance, 2001, and cannot be subjected to the standard 35% corporate ...
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Supreme Court Rejects FBR Dividend Tax Petitions

40 Essential Medicines Still Unavailable Across Pakistan

20-Jul-2026
Nearly 40 medicines approved for registration in Pakistan are still missing from the market because the federal government has not yet finalized their official prices, delaying access to critical trea...
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40 Essential Medicines Still Unavailable Across Pakistan

FIA Registers Rs12 Billion Electricity Fraud Case Against Executives

20-Jul-2026
Legal & Regulatory Update: The Federal Investigation Agency (FIA) has registered a criminal case against the chief executive and five directors of two local industrial companies, along with four f...
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FIA Registers Rs12 Billion Electricity Fraud Case Against Executives

Government Considers Reducing Hybrid Vehicle Sales Tax to 18%

20-Jul-2026
Tax Policy Update: The Federal Government is reportedly considering reducing the sales tax on imported and locally supplied hybrid electric vehicles (HEVs) from the current 25% to 18%, with a summary ...
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Government Considers Reducing Hybrid Vehicle Sales Tax to 18%
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