Pakistan FCC Upholds Super Tax, Declares Sections 4B and 4C Constitutional January 29, 2026 The Universe The Federal Constitutional Court (FCC) has upheld the legality of the super tax, ruling that Sections 4B and 4C of the Income Tax Ordinance (ITO) 2001 are constitutional and do…
Business IMF Urges Pakistan to Complete Super Tax Recoveries Within One Month After Supreme Court Ruling January 28, 2026 The Universe The International Monetary Fund (IMF) has urged the Pakistan government to complete all pending super tax recoveries within one month following the Supreme Court’s verdict in favour of the levy,…
Business FBR to Set Up Digital Enforcement Stations to Crack Down on Smuggling January 13, 2026 The Universe The Federal Board of Revenue (FBR) has decided to establish Digital Enforcement Stations across the country as part of a major initiative to curb smuggling and illegal trade. Nora Fatehi…
Business Salaried Class Remains Pakistan’s Largest Tax Contributor in First Half of Fiscal Year: FBR January 6, 2026 The Universe ISLAMABAD: The salaried class continues to shoulder the largest share of Pakistan’s tax burden, contributing significantly more to national revenue during the first six months of the current fiscal year,…
Business Pakistan Tightens Tax Net on Retail Sector After Tajir Dost Scheme Fails December 17, 2025 The Universe After the failure of the trader-friendly Tajir Dost scheme, Pakistan has introduced a strict new strategy to boost tax collection from the retail sector under mounting pressure from the International…
Business IMF Imposes 11 New Conditions on Pakistan, Raising Total Commitments to 64 December 12, 2025 The Universe The International Monetary Fund (IMF) has imposed 11 additional conditions on Pakistan under the latest staff-level review of its $7 billion bailout programme, bringing the total number of required reforms…
Business Lawmakers Warn Smartphone Taxes Becoming ‘Unbearable’ as NA Committee Seeks Relief Measures December 9, 2025 The Universe ISLAMABAD: The National Assembly’s Standing Committee on Finance on Wednesday raised alarm over what legislators described as excessively high taxes on smartphones, cautioning that the burden was putting essential digital…
Business Pakistan’s Trade Deficit Soars 37% as Exports Plunge Amid Regional Tensions December 3, 2025 The Universe Pakistan’s Trade Deficit Soars 37% as Exports Plunge Amid Regional Tensions
Pakistan Peshawar Customs Seizes Smuggled Goods Worth PKR 50 Million November 30, 2025 The Universe Peshawar Customs Seizes Smuggled Goods Worth PKR 50 Million
Business FBR Initiates Preparations for FY 2025-26 Budget, Seeks Stakeholder Proposals January 8, 2025 The Universe Islamabad: The Federal Board of Revenue (FBR) has officially commenced preparations for the fiscal year 2025-26 budget by inviting proposals from stakeholders. Stakeholders have been asked to submit their recommendations…
