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FBR Plans EFS Changes for Refurbished Vehicle Initiative

12-May-2026
The Federal Board of Revenue (FBR) is preparing amendments to the Export Facilitation Scheme (EFS) 2021 to support the government’s proposed refurbished vehicle import and re-export initiative, acco...
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FBR Plans EFS Changes for Refurbished Vehicle Initiative

Punjab Wheat Procurement Plan Faces Delays

09-May-2026
Punjab government’s wheat procurement strategy is facing delays as most private companies selected under the revised model have yet to begin large-scale purchases amid financing constraints, pricing...
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Punjab Wheat Procurement Plan Faces Delays

Customs Revises Valuation on Imported Smart Wearables

09-May-2026
The Directorate General of Customs Valuation has revised customs values for imported smart watches, including non-GSM smart watches, smart bands and smart rings from all origins through a new valuatio...
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Customs Revises Valuation on Imported Smart Wearables

LHC Orders Woman’s Appointment as Permanent Lumberdar

09-May-2026
The Lahore High Court (LHC), setting aside decisions of Board of Revenue officials, on Friday directed authorities to appoint a woman as permanent lumberdar in tehsil Dunyapur of Lodhran district, rul...
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LHC Orders Woman’s Appointment as Permanent Lumberdar

PSX Lists Pakistan’s First Special Purpose Acquisition Company

09-May-2026
The Pakistan Stock Exchange (PSX) has announced listing of the country’s first Special Purpose Acquisition Company (SPAC), LSE SPAC-I Limited, with trading set to begin from May 11, 2026.According t...
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PSX Lists Pakistan’s First Special Purpose Acquisition Company

Govt Plans Reforms to Reduce FBR Tax Litigation

09-May-2026
The federal government is considering the introduction of a scrutiny committee through the Finance Bill 2026–27 to review appeals filed on behalf of the Federal Board of Revenue (FBR), as part of br...
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Govt Plans Reforms to Reduce FBR Tax Litigation

Govt Considers PTA Tax Relief for Overseas Pakistanis

08-May-2026
The government is considering proposals to provide relief in Pakistan Telecommunication Authority (PTA) taxes on mobile phones for overseas Pakistanis visiting the country, Minister for Parliamentary ...
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Govt Considers PTA Tax Relief for Overseas Pakistanis

SBP Extends CIF Oil Import Facility Until July

08-May-2026
The State Bank of Pakistan (SBP) has extended permission for the import of crude oil and petroleum products on a Cost, Insurance and Freight (CIF) basis until July 10, 2026, as part of efforts to ensu...
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SBP Extends CIF Oil Import Facility Until July

Industries Seek Tax Cuts and Duty Relief in Budget

08-May-2026
Textile exporters, telecom operators, dairy producers, and pharmaceutical manufacturers have urged the government to introduce tax relief measures and rationalise duties in the upcoming federal budget...
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Industries Seek Tax Cuts and Duty Relief in Budget

Govt Reviews Illicit Tobacco Trade and Enforcement Gaps

08-May-2026
Federal Minister for Commerce Jam Kamal Khan on Thursday met with a delegation from Philip Morris International to discuss key challenges confronting Pakistan’s tobacco sector, including illicit tra...
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Govt Reviews Illicit Tobacco Trade and Enforcement Gaps
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