Khyber Pakhtunkhwa (KP) Chief Minister Ali Amin Khan Gandapur recently shared that his government hasn’t borrowed a single penny in the last year and even paid back Rs50 billion of old debt. Speaking at a press conference on Sunday, he said that when he took over, there was barely enough cash Read More...
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The Islamabad High Court (IHC) told the Federal Board of Revenue (FBR) to get an automatic tax refund system going, but the FBR hasn’t done much about it yet, according to a news report. The whole point was to make refunds quicker and cut down on taxpayers having to deal with tax workers, but Read More...
The National Highway Authority (NHA) is stuck in a money mess. It owes a huge Rs3.1 trillion, and it’s losing over Rs1.82 trillion this year, according to a news update. Even though it’s got stuff worth Rs5.8 trillion, it’s only bringing in Rs54.15 billion, which has people worried about Read More...
Prime Minister Shehbaz Sharif has unleashed the full might of the Federal Board of Revenue (FBR), Federal Investigation Agency (FIA), and Intelligence Bureau (IB) to tackle sugar industry tycoons allegedly pocketing a staggering Rs140 billion through shady dealings, as revealed by recent Read More...
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The International Monetary Fund (IMF) has agreed to scrap the Tajir Dost Scheme (TDS) after the Federal Board of Revenue (FBR) reported higher-than-expected tax collections from retailers, wholesalers, and Associations of Persons (AOPs).
Tax Revenue Read More...
Prime Minister Shehbaz Sharif has expressed confidence in resolving Rs400 billion worth of pending tax cases, following a Sindh High Court ruling that provided Rs23 billion in relief to the government.
At a cabinet Read More...
Pakistan’s power distribution companies (Discos) have requested a 30-paise per unit reduction in fuel cost adjustment (FCA) for February, citing lower electricity generation costs. Despite 84% of power coming from cheaper domestic Read More...
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The Khyber Pakhtunkhwa (KP) government has introduced a province-wide Integrated IT Portal to enhance financial transparency, public spending oversight, and service delivery efficiency. This makes KP the first province in Pakistan to implement a comprehensive digital Read More...
The Federal Board of Revenue (FBR) has introduced new regulations requiring manufacturers to implement video surveillance for monitoring production before goods can leave business premises.
Announced through S.R.O. 364 (I) 2025, the amendment to Sales Tax Rules mandates that specified Read More...
The Federal Board of Revenue (FBR) has mandated the reassignment of all tax officers who have remained in the “Admin Pool” beyond 90 days, giving a strict 15-day deadline for their postings. This directive comes after a procedural review aimed at preventing prolonged inactive periods for Read More...
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