Pakistan Revenue
ICAP proposes monthly CNIC-linked banking data reporting and AI-driven analysis to help FBR detect undeclared income and improve tax compliance The Institute of Chartered Accountants of Pakistan (ICAP) has called for the Federal Board of Revenue (FBR) to significantly expand its use of banking data, recommending monthly digital transaction reporting to improve tax compliance and […]
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ICAP proposes tax facilitation desks, data-sharing systems and national performance rankings for chambers to help widen Pakistan’s tax base and curb informality The Institute of Chartered Accountants of Pakistan (ICAP) has proposed a major overhaul of Pakistan’s tax enforcement framework, suggesting that district chambers of commerce be turned into active partners in efforts to curb […]
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Regulator concludes enforcement proceedings against 36 SOEs, issues 46 adjudication orders and warns non-compliant entities to improve governance standards. The Securities and Exchange Commission of Pakistan (SECP) has imposed penalties totaling Rs3.18 million on state-owned enterprises (SOEs) for failing to comply with statutory reporting and corporate governance requirements, the regulator said on Saturday.
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New tax facilitation initiative offers incentives and simplified compliance, but success will depend on enforcement and long-term participation Pakistan’s latest Tax Facilitation Scheme for small traders arrives with promises that have become familiar over the years: broadening the tax base, simplifying compliance and encouraging voluntary registration of millions of retailers operating outside the formal economy. […]
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Sri Lanka’s preparations for the upcoming ICC Women’s T20 World Cup 2026 have taken a major hit after promising leg-spinner Shashini Gimhani was ruled out due to a lower-back injury, forcing a late change in the squad just days before the global event.
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The upcoming Hyundai Ioniq V has been spotted in near-production form in China, giving enthusiasts a closer look at Hyundai’s next-generation electric sedan.
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NoRa EV has officially unveiled an updated lineup for its electric vehicle range, bringing revised pricing across all variants while also introducing a brand-new flagship model, the EcoX Ultra.
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Jetour Pakistan is strengthening its footprint in the country’s largest automotive market with the announcement of a new premium dealership in Karachi.
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The federal government has reduced the price of petrol by Rs4 per litre for the coming week, while keeping the price of high-speed diesel (HSD) unchanged.
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The Sensitive Price Indicator (SPI)-based weekly inflation showed mixed movement during the week ended June 4, 2026, according to the Pakistan Bureau of Statistics (PBS). The data reflects ongoing volatility in essential commodity prices across urban markets, highlighting uneven inflationary pressures affecting households.
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