Islamabad – Prime Minister Muhammad Shehbaz Sharif on Wednesday announced the formation of a committee to review and deliberate on new designs for Pakistan’s currency notes. The decision was made during a federal cabinet meeting at the Prime Minister’s House, which focused on key policy matters, including currency modernization, a news release from the Prime Minister’s Office stated.
(more…)Author: Faisal Shahnawaz
-
Toyota Pakistan Suspends Bookings of Fortuner Variants
Toyota Indus Motor Company (IMC) has officially announced the temporary suspension of new bookings for the Toyota Fortuner G and Fortuner V variants in Pakistan, following an overwhelming response from customers nationwide.
(more…) -
Jetour Pakistan to Launch Two New SUVs in Pakistan: T1 and T2
Jetour Pakistan is all set to strengthen its footprint in the local SUV market with the upcoming launch of two brand-new models — the Jetour T1 and Jetour T2.
(more…) -
Chery Master Reveals Price of Chery Tiggo 8 PHEV in Pakistan
Chery Master has officially announced the price of the Chery Tiggo 8 PHEV in Pakistan, marking a major milestone for the local auto industry.
(more…) -
Pakistan Customs impounds Rolls-Royce, heavy bikes and NCP goods in Islamabad raid
Islamabad, January 14, 2026 – Pakistan Customs has intensified its crackdown on non-customs-paid (NCP) vehicles, impounding a luxury Rolls-Royce and multiple heavy bikes during intelligence-based operations in Islamabad, the Federal Board of Revenue (FBR) said on Wednesday.
(more…) -
FBR drives digital reforms to boost Pakistan’s tax revenue: Dr. Najeebullah
Islamabad, January 14, 2026 – The Federal Board of Revenue (FBR) is spearheading a comprehensive agenda of institutional reforms, digital transformation, and automation to modernize Pakistan’s tax administration and significantly enhance the country’s tax-to-GDP ratio.
(more…) -
KSE-100 index drops 1,382 points amid investor profit-taking
Karachi, January 14, 2026 – The Pakistan Stock Exchange’s benchmark KSE-100 index fell sharply by 1,382 points on Wednesday as investors engaged in profit-taking following the recent market rally. The index closed at 182,590 points, down from Tuesday’s 183,952 points, reflecting a 0.75% decline in the day’s trading session.
(more…) -
SBP Releases Updated Interbank Forex Rates for January 14, 2026
Karachi, January 14, 2026 – The State Bank of Pakistan (SBP) has announced the daily interbank foreign exchange (forex) rates for Wednesday, January 14, 2026. These rates are shared to assist businesses, traders, investors, and the general public in tracking currency trends and making informed financial decisions.
(more…) -
Sales tax from locally assembled cars surges 159% in FY25 revenue boost
Islamabad, January 14, 2026 – The Federal Board of Revenue (FBR) reported a dramatic 159% increase in sales tax collections from locally assembled motor cars in the fiscal year 2024-25 compared to FY24, underscoring the growing contribution of the automotive sector to Pakistan’s domestic tax revenues.
(more…) -
Imported vehicles drive FBR customs revenue surge in FY25
Islamabad, January 14, 2026 – Imported vehicles emerged as the top revenue generator for Pakistan’s Federal Board of Revenue (FBR) in the fiscal year 2024-25, highlighting the sector’s growing contribution to national customs collections. According to the latest FBR data, customs duties on vehicles (non-railway) alone fetched PKR 177 billion, marking a sharp 41% increase compared to the previous year.
(more…)