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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

OGRA Slashes LPG Prices for July 2026

01-Jul-2026
The Oil and Gas Regulatory Authority (OGRA) has announced a substantial reduction in Liquefied Petroleum Gas (LPG) prices for July 2026, providing significant cost relief to domestic and commercial co...
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OGRA Slashes LPG Prices for July 2026

Customs Revises Values for Imported CCTV Equipment

01-Jul-2026
The Directorate General of Customs Valuation has issued revised customs values for imported CCTV cameras, Digital Video Recorders (DVRs), and Network Video Recorders (NVRs) under Section 25A of the Cu...
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Customs Revises Values for Imported CCTV Equipment

IHC Approves PTCL-Telenor Telecom Merger

01-Jul-2026
The Islamabad High Court (IHC) has approved the proposed Scheme of Amalgamation and Arrangement for the merger of Telenor Pakistan (Private) Limited into Pak Telecom Mobile Limited (PTML), completing ...
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IHC Approves PTCL-Telenor Telecom Merger
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