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FCC Grants Relief to KEPZ Companies in Tax Dispute

14-Aug-2026
The Federal Constitutional Court (FCC) has provided temporary relief to companies operating in the Karachi Export Processing Zone (KEPZ) in a legal dispute concerning the imposition of sales tax on el...
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FCC Grants Relief to KEPZ Companies in Tax Dispute

Petrol, Diesel Prices Rise on Independence Day

14-Aug-2026
ISLAMABAD: The federal government has raised petrol prices by Rs0.45 per litre and High Speed Diesel (HSD) by Rs1.16 per litre, taking their revised ex-depot rates to Rs325.43 and Rs383.95 per litre r...
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Petrol, Diesel Prices Rise on Independence Day

FBR Launches Redesigned Tax Return Amid Technical Issues

14-Aug-2026
The Federal Board of Revenue (FBR) has introduced a redesigned income tax return for Tax Year 2026, though taxpayers and tax advisers have reportedly encountered several technical glitches while using...
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FBR Launches Redesigned Tax Return Amid Technical Issues

LESCO, MEPCO Declared Major Privatisation Transactions

12-Aug-2026
ISLAMABAD: The Privatisation Commission (PC) Board has approved an EY-Parthenon-led consortium as the highest-ranked bidder for financial advisory services related to the outsourcing of Lahore and Kar...
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LESCO, MEPCO Declared Major Privatisation Transactions

Petrol Pumps Across Pakistan To Shut From August 15

12-Aug-2026
Petrol pump dealers across Pakistan have announced an indefinite nationwide shutdown from August 15, demanding an increase in their petrol sales margin and warning that stations will remain closed unl...
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Petrol Pumps Across Pakistan To Shut From August 15

President Approves Key Bills on Economy and Taxation

12-Aug-2026
President Asif Ali Zardari has approved several key bills and summaries covering export financing, tax administration and financial recovery, according to an official statement issued on Tuesday.The P...
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President Approves Key Bills on Economy and Taxation

Diesel Gets Costlier as Petrol Price Falls

12-Aug-2026
ISLAMABAD: The government has increased the price of High-Speed Diesel (HSD) by Rs1.39 per litre while reducing petrol by Rs1.70 per litre under the revised petroleum pricing mechanism.According to th...
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Diesel Gets Costlier as Petrol Price Falls

Non-Filer Influencers Face 10% Tax on Social Media Income

12-Aug-2026
Non-filer digital content creators and social media influencers will face a 10% withholding tax on income received through social media platforms from July 1, 2026, according to the Federal Board of R...
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Non-Filer Influencers Face 10% Tax on Social Media Income

FBR Considers Further Tax Relief for Businesses

12-Aug-2026
The Federal Board of Revenue (FBR) has indicated that additional tax relief for businesses is being considered, including possible further cuts in super tax and the sales tax burden, as business repre...
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FBR Considers Further Tax Relief for Businesses

Umerkot Flour Millers Demand Price Hike Amid Rising Costs

10-Aug-2026
Flour mill owners in Umerkot have urged the administration to withdraw the fixed flour price of Rs128 per kilogram, arguing that the rate no longer covers the rising cost of wheat and milling operatio...
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Umerkot Flour Millers Demand Price Hike Amid Rising Costs
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