FIA Registers Case Against GO Petroleum CEO Over Alleged Multi-Billion-Rupee Tax Evasion
FIA has registered a case against GO Petroleum CEO and other officials over the alleged illegal sale of bonded petroleum products.
Govt Cuts PTA Taxes on Mid-Range Imported Mobile Phones
Pakistan government cuts PTA taxes and duties on imported mobile phones worth $101-$200.
Government Abolished Super Tax for Major Export-Oriented Companies
Finance Bill 2026 abolishes Super Tax for companies with over 80% export revenue, providing major relief to textile exporter.
Cement Industry Applauds FBR Action against Illegal Cement Factory
APCMA welcomes FBR, EPA, and District Industries Department action against an alleged illegal cement factory in Punjab, citing tax losses and unfair competition.
National Assembly Approves Federal Budget 2026-27
NA approves Federal Budget 2026-27 and Finance Bill, introducing new customs duties on imported vehicles and tax exemptions for welfare organizations.
Government Borrows Rs. 4.9 Trillion from Banks Despite rise in Tax Collections
Govt borrowed Rs. 4.918 trillion from commercial banks in FY26 despite rising tax collections, pushing domestic debt above Rs. 58 trillion and increasing debt servicing costs.
Textile Industry Opposes FBR Demand to Install Surveillance Cameras at Own Cost
Textile industry has rejected the FBR’s proposal requiring factories to install surveillance cameras at their own expense.
Rs. 3 Trillion Defence Budget for Approved Without Opposition
NA approves Rs. 3 trillion defence budget for FY2026-27 without opposition.
Business Leaders Call for AI-Based Tax Collection, Suggest Outsourcing FBR
Business leaders urge the government to adopt AI-based tax collection, outsource FBR operations.
PTA Tax on Imported Phones Under $200 May Be Reduced, Installment Payment Option Under Review
FBR is considering reducing PTA taxes on imported phones worth up to $200 and introducing installment plans for smartphone tax payments in Pakistan.