23 New Cars Expected to Launch in Pakistan in 2026 Across 14 Brands
Pakistan’s automotive industry is gearing up for one of its busiest years in recent history, with 23 new vehicle launches expected between June and December 2026.
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Author: Faisal Shahnawaz
MTO Karachi smashes May 2026 tax target ahead of deadline
Medium Taxpayers’ Office Karachi surpasses revenue goal with strong income tax and sales tax growth, boosting FBR’s fiscal outlook. The Medium Taxpayers’ Office (MTO) Karachi has exceeded its tax collection target for May 2026, achieving the milestone two days before month-end and delivering a strong boost to the Federal Board of Revenue’s (FBR) revenue performance […]
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ICAP calls for crypto tax regime as digital asset adoption surges in Pakistan
Chartered accountants propose comprehensive regulation and taxation framework for cryptocurrencies in Budget 2026-27 to expand tax base and improve oversight. The Institute of Chartered Accountants of Pakistan (ICAP) has urged the government to introduce a comprehensive taxation and regulatory framework for crypto assets in the upcoming Budget 2026-27, citing rapid growth in digital asset adoption […]
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FBR chairman to review Karachi revenue drive ahead of fiscal year-end
FBR chairman Rashid Mahmood Langrial to assess tax collection performance and enforcement measures during key June visit. Rashid Mahmood Langrial, Chairman of the Federal Board of Revenue (FBR), is scheduled to visit Karachi on June 1, 2026, to review tax collection performance and enforcement efforts during the final month of fiscal year 2025-26.
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Pakistan forex reserves rise by $58 million by week ending May 22, 2026
Central bank reserves increase to $17.147 billion as Pakistan’s total foreign exchange holdings reach $22.647 billion. Pakistan’s foreign exchange reserves increased by $58 million during the week ended May 22, 2026, reflecting continued stability in the country’s external sector, according to data released by the State Bank of Pakistan.
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Pakistan Slashes Petrol, Diesel Prices by Rs22 Per Litre as Global Oil Market Cools
In a significant relief for the public, the federal government on Friday announced a sharp reduction in petroleum prices, cutting both petrol and high-speed diesel (HSD) rates by Rs22 per litre across the country. With the latest revision, the new price of petrol has been fixed at Rs381.78 per litre, while high-speed diesel will now […]
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BMW Dewan Slashes Price of Old i7 Units Amid Facelift Launch
BMW Dewan has announced a major price reduction on the older stock of the BMW i7 in Pakistan, offering buyers a rare opportunity to own the brand’s flagship electric luxury sedan at a significantly lower price.
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Mitsubishi Teases 2027 Pajero, Marking Its Return After Five Years
The legendary Mitsubishi Pajero is officially making a comeback, as Mitsubishi Motors has confirmed the return of its iconic SUV with a world premiere scheduled for autumn 2026.
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FBR announces weekend working days for tax collection
Tax offices to remain open on Saturday and Sunday as authorities move to boost revenue collection ahead of fiscal close. The Federal Board of Revenue (FBR) has declared Saturday and Sunday, May 30 and 31, 2026, as normal working days for major tax offices across the country to facilitate taxpayers in the payment of duties […]
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Pakistan eye milestone ODI as depleted Australia arrive for crucial series
Hosts set to play their 1,000th ODI as both sides test squad depth in three-match series ahead of 2027 World Cup cycle. RAWALPINDI, May 29, 2026 — The focus shifts back to 50-over cricket as Pakistan national cricket team prepare to host world champions Australia national cricket team in a three-match ODI series that carries […]
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