Reduced duty rate on imported ice-creams takes effect from July 1, 2026, under Pakistan’s new tariff schedule for fiscal year 2026-27.
(more…)Author: Faisal Shahnawaz
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Pakistan Customs seizes Rs366 million marijuana shipment from Thailand
Customs officials intercept 12kg of marijuana concealed inside toy parcels at Karachi’s International Mail Office during routine screening.
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Sindh exempts sales tax on crop insurance reinsurance services
Finance Act 2026 extends sales tax exemption to reinsurance services for crop and export-related marine insurance from 1 July 2026.
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FBR introduces benchmark framework to measure income tax reliefs
Tax Expenditure Report 2026 distinguishes structural features of Pakistan’s tax system from targeted tax concessions to improve fiscal transparency.
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Spain knock out Portugal with Merino’s dramatic late winner
Mikel Merino’s stoppage-time strike sends Spain into the FIFA World Cup quarter-finals and ends Cristiano Ronaldo’s World Cup dream.
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SBP launches InvestPak to expand digital investment in government securities
New web portal and mobile app enable retail and corporate investors to purchase Government of Pakistan securities digitally while promoting financial inclusion.
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Neymar retires from international football after Brazil’s world cup exit
Brazilian superstar ends his international career following Brazil’s quarter-final defeat to Norway at the FIFA World Cup.
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Sinner and Djokovic advance to Wimbledon 2026 quarterfinals
Defending champion Yannick Sinner and 24-time Grand Slam winner Novak Djokovic continue their title charge with impressive victories at Wimbledon.
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Babar Azam Sets High Standards with Discipline-First Vision for Pakistan Test Team
Pakistan Test captain outlines his leadership approach, stressing discipline, fitness, and consistent performances ahead of challenging tours of the West Indies and England.
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PCB introduces AI-powered TruMan 3 bowling machine
National Cricket Academy Lahore adopts advanced AI-driven technology to provide batters with realistic match simulations and enhance player development.
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