The Federal Board of Revenue (FBR) will restructure Pakistan Revenue Automation (Pvt.) Limited (PRAL) into a new, state-of-the-art organization as… Read More
Govt Sets Deadline for Outlets to Display Raast QR Codes
The Prime Minister’s Office has directed all federal ministries, provincial governments, and regulators to ensure that every retail outlet in… Read More
Dollar Shortage Spikes As Govt Fails to Bring PKR Up to 250/$
The government’s attempt to bring the dollar down to Rs. 250 is facing failure with the USD trading above Rs.… Read More
Planned Sale of PIA-Owned Roosevelt Hotel Gets Delayed
The privatization of Pakistan’s Roosevelt Hotel in New York has suffered a major blow after the global real estate firm… Read More
FBR Cannot Arrest Businessmen Without Consulting Business Community
In an extraordinary development, the Federal Board of Revenue (FBR) can no longer order an investigation for arresting businessmen involved… Read More
National Bank of Pakistan Hits $1 Billion Market Cap
National Bank of Pakistan (NBP) has become the fifth listed bank on the Pakistan Stock Exchange to surpass a market… Read More
Govt Collects Rs. 4.96 Trillion Non-Tax Revenue Due to Record Petroleum Levy
The federal government’s non-tax revenue surged by Rs. 1,998 billion in FY2024-25, reaching Rs. 4,959 billion and driven largely by… Read More
Billions Lost As Banned Goods Cleared Via Customs Without Oversight
The Faceless Customs Assessment (FCA) system cleared restricted and banned goods worth Rs. 10.538 billion in violation of the Import… Read More
Power Division, SBP Clash Over Rs. 431 Billion Owed to Chinese IPPs
A dispute has emerged between the Power Division and the State Bank of Pakistan (SBP) over Rs. 431 billion owed… Read More
CCP Exposes Collusive Practices and Cartelization in Fertilizer Sector
The Competition Commission of Pakistan (CCP) has unearthed Collusive Behaviour by the Fertilizer Manufacturers and cartelization in the fertilizer sector.… Read More
FBR Again Extends Sales Tax, Excise Duty Return Submission Date
The Federal Board of Revenue (FBR) has further extended the date of submission of Sales Tax and Federal Excise Return… Read More
FBR Excludes Cotton Yarn, Grey Cloth, and Raw Cotton from Export Facilitation Scheme
The Federal Board of Revenue (FBR) has issued a revised Export Facilitation Scheme (EFS) with major changes to exclude cotton… Read More
