The National Accountability Bureau (NAB) has reported safeguarding public assets worth approximately Rs241.408 billion over the past two months through efforts involving government land and mineral resources. The major achievement includes securing 3,927 kanals of Pakistan Railways land across Islamabad, Rawalpindi, Jhelum, Chakwal and Murree, valued at Rs118 billion. NAB
Pakistan plans to continue pursuing the full $1.7 billion World Bank financing programme despite delays in implementing key economic reforms and concerns over meeting agreed conditions. The initiative aims to strengthen tax collection, improve public expenditure and enhance fiscal management at both federal and provincial levels. The programme, titled Public
The Federal Board of Revenue (FBR) has revised the minimum taxable valuation of certain categories of remeltable iron and steel scrap, increasing the prescribed benchmark from 55% to 60% of the reference value of steel bars. The change is expected to increase the minimum value considered for sales tax calculations
Pakistan’s corporate sector continued to show encouraging activity in October 2026, with the Securities and Exchange Commission of Pakistan (SECP) registering 5,003 new companies during the month. The latest figures bring the country’s total number of registered companies to 321,794, reflecting continued interest in formal business registration and entrepreneurship. The
Pakistan’s industrial sector may receive some relief as the federal government moves towards gradually eliminating the super tax. Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has confirmed that the government intends to withdraw the tax completely, with the process already underway following an initial two-percentage-point reduction. Speaking at
Despite the expansion of mobile broadband coverage, millions of Pakistanis remain disconnected from the digital world because they cannot afford smartphones. High device prices, limited financing options, and strict credit requirements continue to prevent low-income households from accessing mobile internet. According to the Pakistan Bureau of Statistics’ Household Integrated Economic
The National Accountability Bureau (NAB) has reported safeguarding public assets worth approximately Rs241.408 billion over the past two months through efforts involving government land and mineral resources. The major achievement…
Pakistan plans to continue pursuing the full $1.7 billion World Bank financing programme despite delays in implementing key economic reforms and concerns over meeting agreed conditions. The initiative aims to…
The Federal Board of Revenue (FBR) has revised the minimum taxable valuation of certain categories of remeltable iron and steel scrap, increasing the prescribed benchmark from 55% to 60% of…
Pakistan’s corporate sector continued to show encouraging activity in October 2026, with the Securities and Exchange Commission of Pakistan (SECP) registering 5,003 new companies during the month. The latest figures…
Pakistan’s industrial sector may receive some relief as the federal government moves towards gradually eliminating the super tax. Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has confirmed that…
Despite the expansion of mobile broadband coverage, millions of Pakistanis remain disconnected from the digital world because they cannot afford smartphones. High device prices, limited financing options, and strict credit…
The Federal Board of Revenue (FBR) has moved thousands of taxpayers from active to inactive status after they failed to submit their income tax returns by the October 31, 2026…
Pakistan’s Federal Board of Revenue (FBR) collected Rs4.06 trillion in taxes during the first four months of FY2026–27, falling Rs124 billion short of its target despite a 6% increase compared…
The Federal Board of Revenue (FBR) has introduced revised customs duty drawback rates for Pakistani exporters under SRO 1908(I)/2026, effective October 27, 2026. The new notification replaces the previous framework…
The State Bank of Pakistan (SBP) has introduced a consolidated licensing and authorisation handbook to simplify regulatory requirements for banks, fintech companies and other financial institutions. Issued on October 28,…
The Federal Board of Revenue (FBR) has introduced new procedures for faceless income tax assessments in Pakistan, allowing tax cases to be processed through automated case allocation, online hearings and…
Pakistan has approved significant changes to its anti-money laundering and counter-terrorism financing framework, increasing the cash transaction reporting threshold from Rs2 million to Rs3 million and extending regulatory oversight to…
Pakistan’s Federal Board of Revenue has broadened its electronic production monitoring system to cover a wider range of textile fibres, requiring registered spinning mills to install surveillance cameras and integrate…
Pakistan is stepping up efforts to strengthen its economy by expanding technology exports, attracting foreign remittances and introducing reforms aimed at reducing its dependence on external financing. The government has…
Pakistan’s economic outlook is facing renewed uncertainty as the ongoing conflict in the Middle East drives up global energy and food prices, raises inflationary pressures and threatens to weaken the…
Pakistan’s Federal Board of Revenue (FBR) has introduced a new electronic auction system for selling seized and confiscated goods, aiming to establish a more transparent and structured process for disposing…
The International Monetary Fund (IMF) has warned that Pakistan could face rising inflation, higher borrowing costs and a weaker external position due to the ongoing Middle East conflict. In its…
Pakistan’s Federal Board of Revenue (FBR) has introduced a new compliance requirement for the steel industry, directing registered manufacturers to install digital production monitoring systems by December 30, 2026. The…
OpenAI is expanding its advertising operations to Pakistan and 25 additional countries, marking another major step in the company’s efforts to grow its business and diversify its revenue sources. With…
Pakistan’s export sector is urging the government to introduce more favorable trade policies and improve access to international markets as businesses struggle with rising production costs, energy prices and growing…
Pakistan is preparing to take a significant step toward strengthening its position in the global digital landscape, with the country expected to become the first signatory of the Digital and…
Pakistan’s federal government is considering major changes to the country’s tax administration, including the possibility of establishing a new tax collection agency or further restructuring the Federal Board of Revenue…
Pakistan’s agricultural sector could see significant changes under a new proposal by the Securities and Exchange Commission of Pakistan (SECP) to establish a national agricultural spot market. The proposed initiative…
Pakistan’s economic recovery, fiscal reforms and long-term development priorities came under discussion during a meeting between International Monetary Fund (IMF) Deputy Managing Director Nigel Clarke and Federal Finance Minister Muhammad…
The Securities and Exchange Commission of Pakistan (SECP) has introduced a new guidebook on Targeted Financial Sanctions (TFS) to improve regulatory compliance and strengthen efforts to prevent terrorist financing and…
The State Bank of Pakistan (SBP) has introduced the second edition of its Banking on Equality (BoE) Policy for 2026, reaffirming its commitment to improving women’s access to financial services…
Pakistan is taking new steps towards modernizing its financial sector by exploring digital bonds, asset tokenization and artificial intelligence (AI)-powered financial services in collaboration with the World Bank Group. The…
Pakistan may attract fresh Chinese investment as Shengtang Group has expressed interest in signing a $10 million memorandum of understanding (MoU) to explore business opportunities in seven important sectors of…
Pakistan is aiming for economic growth of more than 4% in the current fiscal year as the government steps up efforts to attract private investment, sell state-owned entities and strengthen…
The World Bank has proposed $200 million in financing to help Khyber Pakhtunkhwa (KP) strengthen its revenue collection system, improve public services and manage its finances more effectively. The initiative…
Pakistan’s efforts to attract and retain foreign investment face another administrative challenge as overseas investors raise concerns over delays in obtaining tax exemption certificates from the Federal Board of Revenue…
Pakistan is exploring fresh options to upgrade the fleet of Pakistan International Airlines (PIA), with the United Kingdom offering potential support involving Airbus aircraft and Rolls-Royce engines. The possibility of…
The Federal Board of Revenue (FBR) has introduced a new online mechanism to help steel manufacturers report their electricity consumption for sales tax purposes when power distribution companies fail to…
The Federal Board of Revenue (FBR) has proposed a new relief mechanism for taxpayers who miss the income tax return filing deadline. Under the proposed changes, late filers may be…
Artificial intelligence is quickly becoming one of the biggest opportunities for countries seeking to expand their digital economies. Pakistan is also aiming to make AI a major part of its…
Pakistan’s economy appears to be weathering the latest regional energy crisis better than many might have expected. Despite the disruption to oil and gas shipments through the Strait of Hormuz…
The federal government is taking steps to strengthen Pakistan’s Debt Management Office (DMO) by introducing a dedicated leadership structure aimed at improving the way public borrowing and debt risks are…
Pakistan’s provinces could receive some relief from their health and education spending obligations under the country’s ongoing programmed with the International Monetary Fund (IMF). The global lender is reportedly considering…
Pakistan’s digital payment landscape is expanding rapidly, with payment infrastructure provider 1LINK expecting more than 12 billion transactions worth nearly Rs90 trillion in 2026. The projection highlights the growing shift…
The Khyber Pakhtunkhwa Revenue Authority (KPRA) has reported a significant increase in its Sales Tax on Services (STS) revenue during the first quarter of the financial year 2026-27, reflecting stronger…
Pakistan’s latest negotiations with the International Monetary Fund (IMF) have entered a crucial stage, with both sides now working through a draft Memorandum of Financial and Economic Policies (MEFP). The…
The Federal Board of Revenue (FBR) has introduced revised electricity-based sales tax rates for steel manufacturing units operating in the former Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal…
The Securities and Exchange Commission of Pakistan (SECP) has proposed a significant revision to its financing regulations that could expand access to credit for individuals, households, and businesses. Under the…
Pakistan’s latest discussions with the International Monetary Fund (IMF) have exposed fresh disagreements over energy-sector reforms, fuel subsidies and the country’s growing gas-sector debt. While the government is trying to…
Pakistan’s income tax filing base has expanded significantly, with the number of returns submitted to the Federal Board of Revenue (FBR) reaching nearly 5.77 million by September 30, 2026. The…
The Federal Board of Revenue (FBR) has said that its tax scheme for small shopkeepers is currently in the early phase of implementation, as authorities continue working to resolve registration-related…
The State Bank of Pakistan (SBP) has announced extended banking hours to make it easier for taxpayers to pay their government duties and taxes before the end of the financial…
Pakistan has assured the International Monetary Fund (IMF) that the Federal Board of Revenue (FBR) is still on course to achieve its tax collection target of Rs3.053 trillion for the…
Pakistan’s energy sector could see fresh investment and technological cooperation following a new agreement between local company Shaheen Energy (Pvt) Limited and China’s Anton Oilfield Services Group. The two companies…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
