The Directorate General of Customs Valuation, Karachi, has re-determined the customs values applicable to the import of fresh ginger and garlic originating from China, Indonesia, Vietnam, Myanmar, and Thailand. The revision has been undertaken to ensure more accurate assessment of customs duties Read More...
The Lahore Electric Supply Company (LESCO) has formally announced that, effective April 1, 2026, electricity bills will no longer be accepted at post offices for payment processing.
According to the company, the decision was taken pursuant to a resolution passed during the 309th meeting of Read More...
Let us state clearly at the outset: there has been no official notification changing the basis of domestic electricity billing in Pakistan from consumption to income. What currently exists is an internal proposal circulated within the Power Division contemplating such a structural shift. The Read More...
The Federal Board of Revenue (FBR) has intensified enforcement measures against textile spinning units that have failed or refused to install mandatory video analytics systems, commonly referred to as the “digital eye,” within their production facilities. The system is intended to Read More...
Dadex Eternit Limited has formally disclosed the execution of an agreement with Sherjan Mosakhail & Sons for the proposed disposal of its immovable property situated at Plot No. 34-A/1, P.E.C.H.S., Block 6, Karachi. The transaction has been undertaken pursuant to prior approval granted by Read More...
The Federal Board of Revenue (FBR) has launched a new digital verification facility on its official web portal enabling purchasers to authenticate invoices and bills issued by registered businesses and service providers. Introduced through a recent official communication, this measure is Read More...
In a significant enforcement development, the Federal Board of Revenue (FBR) has scheduled the auction of 527 kanals of land owned by Bahria Town in Tehsil Murree for 5 March 2026. The proposed auction is intended to recover approximately Rs 26 billion in outstanding income tax liabilities Read More...
In a significant regulatory development, the Securities and Exchange Commission of Pakistan (SECP) has commenced the second phase of reforms aimed at complete digitisation of shareholding in unlisted companies. This initiative mandates the transition from physical share certificates to Read More...
The State Bank of Pakistan (SBP) has reported a modest uptick in the country’s official foreign exchange holdings for the week ended February 13, 2026.
According to the central bank’s latest weekly statement, reserves maintained by the SBP increased by $19 million, reaching $16.20 Read More...
The Federal Board of Revenue (FBR) has directed a broad spectrum of commercial entities, service providers, and licensed professionals to complete mandatory registration and integrate their electronic invoicing hardware and software with the FBR’s computerized income tax infrastructure, Read More...
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