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PAMA Seeks Tariff Reforms to Protect Auto Industry

05-Jul-2026
The Pakistan Automotive Manufacturers Association (PAMA) has urged Prime Minister Shehbaz Sharif to immediately address tariff distortions introduced through the Finance Act, 2026, warning that the re...
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PAMA Seeks Tariff Reforms to Protect Auto Industry

Government Expands Apna Ghar Housing Finance Scheme

05-Jul-2026
The Federal Government has expanded the scope of the Prime Minister’s Apna Ghar Program (PM-AGP) by permitting eligible Non-Bank Financial Companies (NBFCs) to participate in the low-cost housing fi...
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Government Expands Apna Ghar Housing Finance Scheme

Salaried Class Tops Pakistan’s Income Tax Contributors

05-Jul-2026
Pakistan’s salaried workforce continued to rank among the country’s largest taxpayers during FY2025-26, contributing approximately Rs633 billion in income tax to the national exchequer. According ...
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Salaried Class Tops Pakistan’s Income Tax Contributors

FBR to Appoint Traders’ Representatives at 17 RTOs

05-Jul-2026
The Federal Board of Revenue (FBR) has agreed to appoint two representatives from recognised traders’ associations at each of its 17 Regional Tax Offices (RTOs) nationwide to strengthen coordination...
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FBR to Appoint Traders’ Representatives at 17 RTOs

Government Restructures Petroleum Levy, Cuts Fuel Prices

05-Jul-2026
The Federal Government has revised the petroleum levy structure by increasing the Petroleum Development Levy (PDL) on petrol and reducing the levy on high-speed diesel (HSD) by an identical amount, wh...
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Government Restructures Petroleum Levy, Cuts Fuel Prices

Government Extends DLTL Scheme for Rice Exporters

02-Jul-2026
The Federal Government has approved a 90-day extension of the Drawback of Local Taxes and Levies (DLTL) scheme for rice exporters while enhancing the incentive rate applicable to non-basmati rice expo...
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Government Extends DLTL Scheme for Rice Exporters

Pakistan Customs Hits Record Monthly Revenue Collection

02-Jul-2026
Pakistan Customs has achieved its highest-ever monthly Customs Duty collection, generating Rs158 billion during June 2026, surpassing the assigned monthly target of Rs144 billion by approximately 10%....
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Pakistan Customs Hits Record Monthly Revenue Collection

SRB Achieves Record Rs370 Billion Tax Collection

02-Jul-2026
The Sindh Revenue Board (SRB) has reported its highest-ever annual revenue collection, generating Rs370.06 billion during FY2025-26, reflecting a 20.17% increase compared to Rs307.93 billion collected...
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SRB Achieves Record Rs370 Billion Tax Collection

Higher Fuel Prices Keep Pakistan’s Oil Demand Subdued

02-Jul-2026
Pakistan’s petroleum demand remained under pressure throughout FY2025-26 as elevated fuel prices, higher petroleum levy rates, and subdued economic activity continued to weigh on consumption, accord...
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Higher Fuel Prices Keep Pakistan’s Oil Demand Subdued

SBP Restricts Arbitrary Blocking of Customer Bank Accounts

01-Jul-2026
The Islamabad High Court (IHC) has been informed that the State Bank of Pakistan (SBP) has directed all scheduled banks to refrain from blocking customer bank accounts unless such action is supported ...
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SBP Restricts Arbitrary Blocking of Customer Bank Accounts
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