Government plans to reduce customs duty rates on 92 tariff lines, introduce new PCT codes, and facilitate industrial growth through lower import costs.
(more…)Author: Faisal Shahnawaz
-
Pakistan Introduces State Warehouse for Seized Goods
Finance Bill 2026 introduces state warehouses to strengthen custody and security of detained and confiscated goods, with strict penalties for tampering.
(more…) -
SBP Reserves Edge Up to $17.22 Billion as Pakistan’s Forex Holdings Increase
Pakistan’s total liquid foreign exchange reserves climb to $22.74 billion, supported by gains in both central bank and commercial bank holdings.
(more…) -
Ahsan Iqbal Orders Fast-Track Testing of Ghee, Cooking Oil and Milk Samples
National Price Monitoring Committee reviews inflation trends, market supply and food quality measures to protect consumers and ensure price stability.
(more…) -
Sindh CM Announces Completion of 2,056 Development Schemes in FY2026-27
Murad Ali Shah says the Sindh budget prioritises public relief, cuts non-development spending, and allocates Rs109 billion for public-private partnership projects.
(more…) -
Senate approves Finance Bill 2026 recommendations, endorses new salary tax slabs
Upper House forwards 123 budget recommendations to National Assembly, including support for revised salaried tax rates and higher government salaries
(more…) -
Finance Bill 2026 proposes steep increase in income tax penalties
FBR seeks tougher penalties for concealment of income, false statements and non-compliance to strengthen tax enforcement.
(more…) -
FBR intensifies scrutiny of undisclosed property transactions
Faceless audit system to target mismatches in income and expenditure as tax authorities move against concealed high-value property deals.
(more…) -
Finance Bill 2026 Proposes Minimum Value Addition Tax on Imports
Manufacturers supplying imported raw materials without in-house consumption may face 3% value addition tax, default surcharge, and possible prosecution.
(more…) -
Pakistan Reaffirms Support for EV Manufacturing as BYD Expands Investment
Finance Minister Muhammad Aurangzeb encourages faster EV localization, manufacturing, and charging infrastructure development to position Pakistan as a regional new energy vehicle hub.
(more…)