Land Cruiser LC300, Prado LC250 and Camry witness significant price hikes as Toyota Indus revises rates following the federal budget.
(more…)Author: Faisal Shahnawaz
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Captive power plant levy to rise to 20% from August 2026
Government targets Rs15.74 billion in FY2026-27 as higher levy aims to curb captive gas use and promote grid electricity.
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FBR doubles NEV adoption levy collection target for FY2025-26
Government expects Rs122 billion from ICE vehicle levy in FY2026-27 to support Pakistan’s transition to cleaner transport.
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FBR projects Rs410bn customs duty from petroleum products in FY2026-27
Petroleum products, imported vehicles and electrical machinery are expected to remain the largest contributors to customs duty revenue.
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France beat Morocco 2-0 to reach World Cup 2026 semi-finals
France defeat Morocco 2-0 to keep alive hopes of reaching a third successive FIFA World Cup final.
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FBR revises sales tax collection mechanism for steel industry
Finance Act 2026 links sales tax collection to electricity consumption and offers lower rates for digitally compliant steel manufacturers.
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Finance Act 2026 allows FBR to use PBS data for sales tax valuation
Tax authority empowered to adopt Pakistan Bureau of Statistics valuations and outsource goods valuation to strengthen sales tax compliance.
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Finance Act 2026 redefines Tier-1 retailer under sales tax law
Revised definition expands the scope of retailers subject to enhanced sales tax compliance and documentation requirements.
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Pakistan football enters new era with FIFA forward mini-pitches and new plans
PFF unveils ambitious roadmap featuring FIFA-backed infrastructure projects, grassroots development, and Pakistan’s first-ever eight-team professional football league.
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Pakistan launch test tour preparations with intensive camp ahead of West Indies series
Babar Azam and squad begin training at Rawalpindi Cricket Stadium as Pakistan gears up for crucial ICC World Test Championship matches in the Caribbean.
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