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FBR Revises Sales Tax Rules for Digital POS Supplies

18-Jul-2026
The Federal Board of Revenue (FBR) has exempted certain transactions conducted through digitally integrated and point-of-sale (POS)-compliant channels from the retail price-based sales tax regime, wit...
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FBR Revises Sales Tax Rules for Digital POS Supplies

Private Sector Credit Climbs 14.8% to Rs11.38 Trillion

17-Jul-2026
State Bank of Pakistan (SBP) data shows that private sector credit expanded by 14.8% year-on-year, reaching Rs11.38 trillion at the end of June 2026, reflecting improving economic activity and a stron...
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Private Sector Credit Climbs 14.8% to Rs11.38 Trillion

Petrol, Diesel Prices Likely to Rise Again This Week

17-Jul-2026
Consumers may face another increase in petroleum prices, with preliminary estimates indicating that petrol could become approximately Rs10 per litre more expensive, while the price of high-speed diese...
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Petrol, Diesel Prices Likely to Rise Again This Week

Punjab Launches Interest-Free Pink Salt Export Financing Scheme

17-Jul-2026
Punjab Chief Minister Maryam Nawaz Sharif has launched an interest-free financing programme to encourage investment in the processing and export of value-added pink salt products, aiming to strengthen...
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Punjab Launches Interest-Free Pink Salt Export Financing Scheme

IHC Approves Shifa Medical Center Merger with SIHL

17-Jul-2026
The Islamabad High Court (IHC) has approved the Scheme of Arrangement for the merger of Shifa Medical Center Islamabad (Private) Limited (SMCI) into Shifa International Hospitals Limited (SIHL), pavin...
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IHC Approves Shifa Medical Center Merger with SIHL

Government Waives PIACL Tax Penalties to Support Privatisation

17-Jul-2026
The Federal Government has approved the waiver of default surcharges and penalties on Rs4.293 billion in outstanding income tax liabilities of Pakistan International Airlines Corporation Limited (PIAC...
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Government Waives PIACL Tax Penalties to Support Privatisation

FBR Explains Petroleum Tax Exemption and Levy Impact

15-Jul-2026
The Federal Board of Revenue (FBR) has clarified that the government's exemption of petroleum products from sales tax does not eliminate the overall tax burden on consumers, as these products continue...
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FBR Explains Petroleum Tax Exemption and Levy Impact

FBR Proposes Fixed Tax Scheme for Small Shopkeepers

15-Jul-2026
The Federal Board of Revenue (FBR) has issued a draft special tax procedure for small shopkeepers, proposing a simplified fixed tax regime aimed at bringing more than three million retailers into the ...
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FBR Proposes Fixed Tax Scheme for Small Shopkeepers

LHC Allows Judges to Buy Official Vehicles at Subsidised Prices

15-Jul-2026
The Lahore High Court (LHC) has approved a scheme allowing nearly 2,000 judicial officers across Punjab to purchase their officially allotted government vehicles at subsidised prices ranging between R...
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LHC Allows Judges to Buy Official Vehicles at Subsidised Prices

Petrol Pump Owners Oppose Daily Fuel Price Revision Plan

15-Jul-2026
The All Pakistan Petroleum Pump Owners Association (APPPOA) has opposed reports suggesting that the federal government is considering the introduction of daily petroleum price revisions, warning that ...
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Petrol Pump Owners Oppose Daily Fuel Price Revision Plan
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