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Hybrid Car Prices Fall as Pakistan Reduces GST on Vehicles

Hybrid vehicle buyers in Pakistan are beginning to see lower prices after the government reduced the General Sales Tax (GST) on vehicles up to 2,000cc. The tax rate has been brought down from 25% to 18%, prompting major auto manufacturers to revise the prices of several hybrid models. The price

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September 27, 2026 No Comments
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FBR Introduces Faceless Tax System to Transform Audits in Pakistan

Pakistan’s tax administration is set to undergo a significant digital transformation as the Federal Board of Revenue (FBR) moves towards a new faceless system for tax audits and assessments. Under the new arrangement, the FBR has established a National Faceless Centre (NFC) in Islamabad, which will initially focus on reviewing

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September 26, 2026 No Comments
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Pakistan Prepares for 174 Legal Reforms Under IMF Programmed

Pakistan is preparing for a major round of legislative and policy reforms as part of its ongoing agreements with the International Monetary Fund (IMF). The government is expected to present a package involving around 174 amendments to existing laws, covering areas ranging from state-owned enterprises and energy to remittances, taxation

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September 25, 2026 No Comments
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Aasaan Tax Scheme Sees Limited Response from New Retail Taxpayers

Pakistan’s Federal Board of Revenue (FBR) is facing a slow response to its latest attempt to bring small retailers into the formal tax system. The Aasaan Tax Scheme has so far attracted only a limited number of completed tax returns, while the number of genuinely new taxpayers remains particularly low.

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September 23, 2026 No Comments
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NCCIA Cracks Down on Suspected Illegal Call Centers in Islamabad

The National Cyber Crime Investigation Agency (NCCIA) has launched a major operation against suspected illegal call centers in Islamabad, detaining more than 200 people in connection with alleged international online fraud. According to reports, the raids were carried out at several locations in the capital, particularly in the E-11 and

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September 23, 2026 No Comments
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Hybrid Car Prices Fall as Pakistan Reduces GST on Vehicles
27Sep
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Hybrid Car Prices Fall as Pakistan Reduces GST on Vehicles

Hybrid vehicle buyers in Pakistan are beginning to see lower prices after the government reduced the General Sales Tax (GST) on vehicles up to 2,000cc. The tax rate has been…

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FBR Introduces Faceless Tax System to Transform Audits in Pakistan
26Sep
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FBR Introduces Faceless Tax System to Transform Audits in Pakistan

Pakistan’s tax administration is set to undergo a significant digital transformation as the Federal Board of Revenue (FBR) moves towards a new faceless system for tax audits and assessments. Under…

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Pakistan Prepares for 174 Legal Reforms Under IMF Programmed
25Sep
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Pakistan Prepares for 174 Legal Reforms Under IMF Programmed

Pakistan is preparing for a major round of legislative and policy reforms as part of its ongoing agreements with the International Monetary Fund (IMF). The government is expected to present…

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Pakistan to Make Parts of Civil Servants’ Asset Declarations Public by December 2026
25Sep
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Pakistan to Make Parts of Civil Servants’ Asset Declarations Public by December 2026

The federal government is preparing to make selected details of the assets and income declarations of senior civil servants publicly available by the end of December 2026. The move is…

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Aasaan Tax Scheme Sees Limited Response from New Retail Taxpayers
23Sep
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Aasaan Tax Scheme Sees Limited Response from New Retail Taxpayers

Pakistan’s Federal Board of Revenue (FBR) is facing a slow response to its latest attempt to bring small retailers into the formal tax system. The Aasaan Tax Scheme has so…

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NCCIA Cracks Down on Suspected Illegal Call Centers in Islamabad
23Sep
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NCCIA Cracks Down on Suspected Illegal Call Centers in Islamabad

The National Cyber Crime Investigation Agency (NCCIA) has launched a major operation against suspected illegal call centers in Islamabad, detaining more than 200 people in connection with alleged international online…

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Pakistan Inflation May Ease to 10% in September as Fuel and Electricity Costs Rise
22Sep
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Pakistan Inflation May Ease to 10% in September as Fuel and Electricity Costs Rise

Pakistan’s headline inflation is expected to moderate to around 10% in September 2026, according to estimates from AKD Research. The anticipated slowdown is largely linked to softer food prices, although…

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FBR Extends Filing Deadline for August Sales Tax and Federal Excise Returns
21Sep
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FBR Extends Filing Deadline for August Sales Tax and Federal Excise Returns

The Federal Board of Revenue (FBR) has announced an extension in the deadline for taxpayers to file their sales tax and federal excise returns for the tax period of August…

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The Tug-of-War Over Pakistan’s Oil and Gas: Who Really Calls the Shots?
19Sep
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The Tug-of-War Over Pakistan’s Oil and Gas: Who Really Calls the Shots?

Beneath the technical language of ministerial summaries and constitutional articles, a familiar contest is playing out in Pakistan’s energy sector  one about power, ownership, and where the line sits between…

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Pakistan’s Freelancing Sector Sees Sharp Rise in Export Earnings
18Sep
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Pakistan’s Freelancing Sector Sees Sharp Rise in Export Earnings

Pakistan’s growing freelance economy has recorded another significant milestone, with freelancers earning $352 million in export receipts during July and August of FY27. According to data from the State Bank…

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Pakistan’s Foreign Investment Gains Momentum in Early FY27
17Sep
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Pakistan’s Foreign Investment Gains Momentum in Early FY27

Pakistan has recorded a notable improvement in foreign investment at the beginning of fiscal year 2026-27, with foreign direct investment (FDI) showing strong growth during the first two months. The…

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Pakistan’s IT Exports Maintain Strong Momentum as Sector Targets $10 Billion
17Sep
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Pakistan’s IT Exports Maintain Strong Momentum as Sector Targets $10 Billion

Pakistan’s information technology sector has continued to expand, with IT exports recording significant year-on-year growth during the opening months of the new fiscal year. According to data shared by Topline…

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SBP Completes First Regulatory Sandbox Tests, Opening New Path for Fintech Innovation
16Sep
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SBP Completes First Regulatory Sandbox Tests, Opening New Path for Fintech Innovation

The State Bank of Pakistan (SBP) has reached an important milestone in its efforts to encourage financial technology innovation, completing the first testing cycle of its Regulatory Sandbox. The six-month…

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Pakistan’s 11.5% Interest Rate Sparks Debate Among Business Leaders
15Sep
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Pakistan’s 11.5% Interest Rate Sparks Debate Among Business Leaders

The State Bank of Pakistan’s decision to leave the benchmark policy rate unchanged at 11.5% has triggered mixed reactions from the country’s business sector. While some industry groups are pressing…

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Pakistan Expands Tax Relief for Airlines and Shipping Industry
15Sep
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Pakistan Expands Tax Relief for Airlines and Shipping Industry

Pakistan’s aviation and maritime sectors have received a significant tax boost as the Federal Board of Revenue (FBR) has broadened sales tax exemptions for airlines and restored similar relief for…

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FBR Introduces Rs80 Per Litre FED on Three Petroleum Products
14Sep
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FBR Introduces Rs80 Per Litre FED on Three Petroleum Products

The Federal Board of Revenue (FBR) has introduced a new Federal Excise Duty (FED) of Rs80 per litre on three petroleum-related products, effective from July 1, 2026. The move has…

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Pakistan Nears IMF Review With Most Targets on Track
30Aug
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Pakistan Nears IMF Review With Most Targets on Track

Pakistan is heading toward the International Monetary Fund’s (IMF) September 2026 review with most of its key programmed targets expected to be on track. According to Arif Habib Limited (AHL),…

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SBP Earnings Slide 20% to Rs1.99 Trillion in FY26 Amid Lower Interest Income
28Aug
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SBP Earnings Slide 20% to Rs1.99 Trillion in FY26 Amid Lower Interest Income

The State Bank of Pakistan (SBP) ended fiscal year 2025-26 with a substantial but lower profit, as falling earnings from its financial assets weighed on its overall income. The central…

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SECP Introduces Digital Investor Onboarding System to Make Account Opening Faster
28Aug
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SECP Introduces Digital Investor Onboarding System to Make Account Opening Faster

The Securities and Exchange Commission of Pakistan (SECP) has taken a major step toward making investment in Pakistan’s capital markets easier and more accessible by introducing a new unified digital…

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Saudi Investors Show Growing Interest in Pakistan’s Key Economic Sectors
27Aug
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Saudi Investors Show Growing Interest in Pakistan’s Key Economic Sectors

Pakistan’s efforts to attract foreign investment have received another boost with the arrival of a high-level Saudi business delegation seeking opportunities in several major areas of the economy. Led by…

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Pakistan Remittance Scheme Faces Funding Pressure as Senate Raises Wider Financial Concerns
27Aug
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Pakistan Remittance Scheme Faces Funding Pressure as Senate Raises Wider Financial Concerns

Pakistan’s efforts to encourage overseas Pakistanis to send money home are facing a new financial challenge after the government reduced its support for the Pakistan Remittance Initiative (PRI) because of…

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Pakistan Moves Toward a Dedicated Venture Capital Framework for Startups
25Aug
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Pakistan Moves Toward a Dedicated Venture Capital Framework for Startups

Pakistan is preparing to introduce a dedicated legal framework for venture capital investment, with the Securities and Exchange Commission of Pakistan (SECP) sharing a proposed Venture Capital Bill with the…

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Pakistan Faces Fresh Inflationary Pressure as August CPI Expected to Cross 10%
25Aug
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Pakistan Faces Fresh Inflationary Pressure as August CPI Expected to Cross 10%

Pakistan’s inflation outlook is showing renewed signs of pressure, with consumer prices expected to return to double-digit growth in August 2026 after briefly remaining below the 10% mark in July.…

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DISCO Privatization Plan: Rs911 Billion Asset Transfer Raises IMF Compliance Concerns
25Aug
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DISCO Privatization Plan: Rs911 Billion Asset Transfer Raises IMF Compliance Concerns

The federal government’s plan to restructure and eventually privatize three major electricity distribution companies has come under scrutiny over its potential implications for Pakistan’s commitments to the International Monetary Fund…

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FBR Clarifies Revised Sales Tax Rules for Manufacturers and Importers
24Aug
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FBR Clarifies Revised Sales Tax Rules for Manufacturers and Importers

The Federal Board of Revenue (FBR) has introduced important clarifications regarding the collection and assessment of sales tax on certain goods covered under Serial No. 65 of the Third Schedule…

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Pakistan and Oman Move Closer to a New Fuel Supply Partnership
24Aug
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Pakistan and Oman Move Closer to a New Fuel Supply Partnership

Pakistan is taking steps to strengthen its energy security by expanding fuel supplies from Oman. The Economic Coordination Committee (ECC) of the Cabinet is expected to consider a proposed sale…

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SBP Eases Housing Finance Rules, Extends Maximum Loan Tenor to 30 Years
20Aug
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SBP Eases Housing Finance Rules, Extends Maximum Loan Tenor to 30 Years

The State Bank of Pakistan (SBP) has introduced significant changes to the country’s housing-finance framework, giving prospective homeowners greater flexibility in obtaining financing. The revised prudential regulations apply to banks…

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Pakistan May Introduce Fixed Tax on Agricultural Land Amid IMF Pressure
20Aug
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Pakistan May Introduce Fixed Tax on Agricultural Land Amid IMF Pressure

Pakistan could be heading toward a major change in the way agricultural income is taxed, with the federal government reportedly considering a fixed levy of up to Rs5,000 per acre…

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Pakistan’s Freelance Economy Starts FY2026-27 With Strong Export Growth
20Aug
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Pakistan’s Freelance Economy Starts FY2026-27 With Strong Export Growth

Pakistan’s freelance economy has begun the new fiscal year on a promising note, with export earnings from freelancers recording a sharp increase in July 2026. According to data from the…

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PIA Privatization: Why Taxpayers Are Still Paying the Price
19Aug
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PIA Privatization: Why Taxpayers Are Still Paying the Price

Pakistan’s privatization of Pakistan International Airlines (PIA) may have transferred control of the national carrier to a private investor, but the government’s financial responsibilities have not ended. A significant portion…

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Pakistan’s Textile Exports Jump to $1.81 Billion in July 2026
19Aug
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Pakistan’s Textile Exports Jump to $1.81 Billion in July 2026

Pakistan’s textile industry began the new fiscal year on a strong note, with textile exports reaching $1.81 billion in July 2026, according to provisional data from the Pakistan Bureau of…

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FBR Highlights New Tax Return Features for Property and Business Reporting
18Aug
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FBR Highlights New Tax Return Features for Property and Business Reporting

The Federal Board of Revenue (FBR) has provided tax professionals with a detailed look at several features of its income tax return system, focusing on tools that allow taxpayers to…

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LSE SPAC-II Plans Rs180 Million Investment in M.P. Industries
18Aug
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LSE SPAC-II Plans Rs180 Million Investment in M.P. Industries

LSE SPAC-II Limited has moved forward with plans to acquire a significant minority interest in M.P. Industries Limited (MPIL), with the proposed transaction now awaiting approval from the company’s shareholders.…

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Pakistan’s Refinery Sector Set for $5 Billion Modernization Drive
17Aug
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Pakistan’s Refinery Sector Set for $5 Billion Modernization Drive

Pakistan’s oil refining industry is moving toward a major transformation, with five domestic refineries preparing investment plans worth an estimated $4.5 billion to $5 billion. The proposed projects focus on…

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Pakistan Plans Major Reforms to Transform Construction Industry
16Aug
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Pakistan Plans Major Reforms to Transform Construction Industry

Pakistan is preparing to introduce a broad set of reforms aimed at improving the country’s construction industry, with the proposed establishment of a Construction Industry Development Board (CIDB) at the…

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FBR Announces Stricter Customs Penalties for Delayed Clearance of Goods
15Aug
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FBR Announces Stricter Customs Penalties for Delayed Clearance of Goods

The Federal Board of Revenue (FBR) has introduced a revised penalty regime to address delays in customs declarations, clearance and export of goods. The new measures will take effect from…

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Pakistan and Hong Kong Strengthen Customs Cooperation to Combat Suspicious Trade
15Aug
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Pakistan and Hong Kong Strengthen Customs Cooperation to Combat Suspicious Trade

Pakistan and Hong Kong have taken an important step toward strengthening cooperation between their customs authorities by signing a new agreement focused on information sharing, enforcement and the monitoring of…

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Agro Processors Prepares for PSX Listing With 15% Public Offering
13Aug
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Agro Processors Prepares for PSX Listing With 15% Public Offering

Pakistan’s equity market is preparing for another new listing after the Securities and Exchange Commission of Pakistan (SECP) gave the green light to the initial public offering of Agro Processors…

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Why More Than 317,000 Pakistanis Are Seeking Jobs Abroad in 2026
13Aug
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Why More Than 317,000 Pakistanis Are Seeking Jobs Abroad in 2026

The search for better employment opportunities is taking a growing number of Pakistanis overseas. During the first six months of 2026, more than 317,000 Pakistani workers left the country to…

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Pakistan Faces New EU GSP+ Requirements From 2027
13Aug
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Pakistan Faces New EU GSP+ Requirements From 2027

Pakistan’s preferential trade arrangement with the European Union is set to enter a new phase from January 2027, with the country facing stricter requirements to retain its GSP+ benefits. Under…

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Pakistan Prepares for IMF Review as $1.2 Billion in Financing Hangs in Balance
12Aug
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Pakistan Prepares for IMF Review as $1.2 Billion in Financing Hangs in Balance

Pakistan is preparing for another important round of discussions with the International Monetary Fund (IMF), with a Fund mission expected to arrive next month to review the country’s progress under…

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FBR Introduces Higher Withholding Tax for Non-Filer Social Media Creators
12Aug
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FBR Introduces Higher Withholding Tax for Non-Filer Social Media Creators

Pakistan’s digital economy is becoming an increasingly important part of the country’s tax system, with the Federal Board of Revenue (FBR) introducing different withholding tax rates for social media content…

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FBR Signals More Tax Relief as Pakistani Businesses Push for Lower Costs
12Aug
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FBR Signals More Tax Relief as Pakistani Businesses Push for Lower Costs

Pakistan’s business community may be in line for further tax relief as the Federal Board of Revenue (FBR) considers additional measures to reduce the financial pressure on companies. The issue…

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SECP Takes Steps to Make Corporate Sukuk Easier for Businesses in Pakistan
11Aug
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SECP Takes Steps to Make Corporate Sukuk Easier for Businesses in Pakistan

Pakistan’s corporate Islamic finance market is set for a potential boost after the Securities and Exchange Commission of Pakistan (SECP) introduced a new guidebook designed to simplify the process of…

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Pakistan and Russia Move Toward New Rail Trade Routes and Expanded Farm Cooperation
11Aug
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Pakistan and Russia Move Toward New Rail Trade Routes and Expanded Farm Cooperation

Pakistan and Russia are exploring new avenues to strengthen economic relations, with proposed freight rail connections and expanded agricultural cooperation emerging as key areas of mutual interest. The two countries…

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Pakistan Tightens Export Finance Rules as Government Approves Rs88 Billion Support Package
11Aug
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Pakistan Tightens Export Finance Rules as Government Approves Rs88 Billion Support Package

Pakistan is moving to strengthen oversight of its export financing programmed as the government seeks to boost foreign sales while reducing the chances of subsidized funds being misused. The Economic…

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Bank of Punjab Plans Rs30 Billion Share Issue for Punjab Government
10Aug
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Bank of Punjab Plans Rs30 Billion Share Issue for Punjab Government

The Bank of Punjab (BOP) has announced plans to raise up to Rs30 billion through the issuance of new ordinary shares to the Government of Punjab, marking a major proposed…

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LHC Declares Bank Customer Data as “Property” in Landmark Cyber Fraud Case
09Aug
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LHC Declares Bank Customer Data as “Property” in Landmark Cyber Fraud Case

The Lahore High Court (LHC) has delivered an important ruling concerning the misuse of confidential banking information, observing that customers’ private banking data can be treated as “property” under the…

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Rs10 Billion Approved to Support Pakistan’s Textile and Export Industries
09Aug
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Rs10 Billion Approved to Support Pakistan’s Textile and Export Industries

Pakistan’s Ministry of Commerce has approved Rs10 billion in funding for the textile, apparel, and other export-oriented industries under various duty drawback and technology-upgradation schemes. The move is aimed at…

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Pakistan Moves Closer to Full Crypto Licensing Framework
08Aug
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Pakistan Moves Closer to Full Crypto Licensing Framework

Pakistan is taking another major step toward bringing its virtual assets industry under a formal regulatory structure. The country is nearing the introduction of a comprehensive licensing system for Virtual…

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NAB Seeks Removal of Rs500 Million Corruption Threshold
08Aug
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NAB Seeks Removal of Rs500 Million Corruption Threshold

Pakistan’s accountability watchdog has called for a major change in the rules governing corruption investigations, urging the government to remove the Rs500 million threshold that currently limits the National Accountability…

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Pakistan’s Beverage Industry Faces a Major Challenge as Illegal Factories Stay Beyond FBR’s Digital Monitoring
07Aug
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Pakistan’s Beverage Industry Faces a Major Challenge as Illegal Factories Stay Beyond FBR’s Digital Monitoring

Pakistan’s tax authorities have taken another significant step toward modernizing tax collection by introducing electronic production monitoring for registered beverage manufacturers. The initiative is intended to improve transparency, reduce tax…

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Pakistan’s Gas Sector Set for a Major Transformation: What the New Reform Roadmap Means
07Aug
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Pakistan’s Gas Sector Set for a Major Transformation: What the New Reform Roadmap Means

Pakistan is preparing for one of the most significant reforms in its natural gas sector in decades. The government has introduced a comprehensive roadmap designed to modernize the industry, improve…

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Pakistan’s Trade Gap Expands as Import Growth Outpaces Export Gains in July 2026
06Aug
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Pakistan’s Trade Gap Expands as Import Growth Outpaces Export Gains in July 2026

Pakistan’s external trade position came under pressure in July 2026 as the country’s trade deficit increased significantly compared with the same month last year. According to data released by the…

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Pakistan and Iran Renew Push for Stronger Trade Relations with 24/7 Border Operations
06Aug
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Pakistan and Iran Renew Push for Stronger Trade Relations with 24/7 Border Operations

Pakistan and Iran have taken another significant step toward strengthening their economic partnership by agreeing to improve border trade, simplify customs procedures, and work towards keeping border crossings open around…

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US Signals Strong Interest in Pakistan’s Mineral Wealth Beyond Reko Diq
06Aug
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US Signals Strong Interest in Pakistan’s Mineral Wealth Beyond Reko Diq

Pakistan’s mining sector may be entering a new phase of international investment as the United States expresses growing interest in the country’s vast reserves of critical minerals. According to recent…

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FBR and Business Community Join Hands to Improve Tax Grievance Resolution
05Aug
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FBR and Business Community Join Hands to Improve Tax Grievance Resolution

In a positive step towards strengthening relations between Pakistan’s tax authorities and the business sector, the Federal Board of Revenue (FBR) has agreed to work closely with leading business organizations…

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AI Could Reshape Pakistan’s Job Market: Challenge or Opportunity?
05Aug
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AI Could Reshape Pakistan’s Job Market: Challenge or Opportunity?

Artificial intelligence is changing the way people work across the world, and Pakistan is no exception. A recent World Bank report suggests that while AI has the potential to improve…

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SBP Raises Lending Limit for Unrated Large Private Companies to Rs10 Billion
05Aug
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SBP Raises Lending Limit for Unrated Large Private Companies to Rs10 Billion

The State Bank of Pakistan (SBP) has announced a major revision to its financing framework by increasing the aggregate exposure limit for unrated large private-sector borrowers from Rs3 billion to…

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NAB Broadens Auqaf Property Inquiry, Seeks Digital Land Records Across Khyber Pakhtunkhwa
04Aug
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NAB Broadens Auqaf Property Inquiry, Seeks Digital Land Records Across Khyber Pakhtunkhwa

The National Accountability Bureau (NAB) has intensified its investigation into the administration of Auqaf properties in Khyber Pakhtunkhwa by requesting computerized land records from all districts of the province. The…

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