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OICCI Urges FBR to Release Rs103 Billion Refunds

15-Jul-2026
The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the Federal Board of Revenue (FBR) to expedite the release of approximately Rs103 billion in outstanding tax refunds owed to i...
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OICCI Urges FBR to Release Rs103 Billion Refunds

Senate Directs FBR to Develop Tax Data Sharing Framework

14-Jul-2026
A Senate sub-committee has instructed the Federal Board of Revenue (FBR) to formulate a lawful mechanism for providing Parliament with consolidated tax information while ensuring compliance with taxpa...
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Senate Directs FBR to Develop Tax Data Sharing Framework

Pakistan Auto Sales Surge 41% in FY2025-26

14-Jul-2026
Pakistan’s automobile industry recorded its second consecutive year of expansion during FY2025-26, with overall vehicle sales increasing by 41% to approximately 1.63 million units, supported by lowe...
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Pakistan Auto Sales Surge 41% in FY2025-26

Senate Seeks FBR Report on FATA, PATA Tax Exemptions

14-Jul-2026
A Senate sub-committee has raised concerns over the Federal Board of Revenue’s (FBR) administration of tax exemptions available to industries operating in the erstwhile Federally Administered Tribal...
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Senate Seeks FBR Report on FATA, PATA Tax Exemptions

KCA Awaits Possession Despite Sindh High Court Order

14-Jul-2026
The Karachi Cotton Association (KCA) has stated that it remains unable to regain access to its Exchange Building despite a Sindh High Court order permitting the association to retain possession of the...
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KCA Awaits Possession Despite Sindh High Court Order

Lahore Retail Prices Continue to Exceed Official Rates

13-Jul-2026
Consumers in Lahore continued to pay significantly higher prices for essential food items than those notified by the government, as many retailers reportedly ignored official price lists despite recen...
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Lahore Retail Prices Continue to Exceed Official Rates

Standard Chartered Pakistan Appoints New Incoming CEO

13-Jul-2026
Standard Chartered Bank (Pakistan) Limited has approved the appointment of Adil Salahuddin as its incoming Chief Executive Officer (CEO) and director, succeeding Rehan Shaikh, subject to the receipt o...
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Standard Chartered Pakistan Appoints New Incoming CEO

Toyota Pakistan Raises Prices of Imported Premium Models

13-Jul-2026
Toyota Pakistan has revised the retail prices of its imported Land Cruiser, Prado, and Camry models following the implementation of additional Special Excise Duty (SED) under the Finance Act, 2026.Acc...
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Toyota Pakistan Raises Prices of Imported Premium Models

Senate Panel Approves Blue Passport Bill for MPs’ Children

11-Jul-2026
The Senate Standing Committee on Interior and Narcotics Control has unanimously approved the Members of Parliament Salaries and Allowances (Amendment) Bill, 2026, proposing that dependent children of ...
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Senate Panel Approves Blue Passport Bill for MPs’ Children

Government Raises Petrol and Diesel Prices by Over Rs13

11-Jul-2026
The federal government has announced a substantial increase in the prices of petroleum products, raising the ex-depot rates of both Motor Spirit (petrol) and High-Speed Diesel (HSD) for a one-week per...
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Government Raises Petrol and Diesel Prices by Over Rs13
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