Business

budget

Budget 2026-27: Heavy fines proposed for non-digital businesses in Pakistan

  ISLAMABAD (Kashmir English): The government has proposed heavy fines for businesses that fail to connect with the Federal Board of Revenue (FBR) digital tax system Under the Budget 2026-27. The proposal is part of major reforms to strengthen tax compliance. It is aimed to expand digital integration and curb tax evasion through stricter enforcement […]

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National Savings services move towards digital transformation

National Savings services move towards digital transformation

ISLAMABAD (Kashmir English): The federal government is advancing the digital transformation of the Central Directorate of National Savings (CDNS) in a bid to modernize services and improve accessibility for millions of savers across Pakistan. According to the Pakistan Economic Survey 2025-26, the initiative aims to reduce reliance on traditional in-person visits to National Savings Centres

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dubai

Dubai authorities foil wildlife smuggling bid, recover 223 live animals

  DUBAI (Kashmir English): Dubai Customs foiled a wildlife smuggling bid at the airport by discovering an abandoned suitcase that contained a variety of creatures, including snakes, lizards, scorpions, and frogs. Authorities at Dubai International Airport successfully intercepted the large-scale wildlife smuggling bid after discovering 223 live animals concealed inside the abandoned suitcase. Following the

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Kia Pakistan rolls out limited-time offer on three popular models

Kia Pakistan rolls out limited-time offer on three popular models

KARACHI (Kashmir English): Kia Pakistan has launched a promotional scheme wherein consumers will get 20 percent discounts on the price of extended warranty packages in particular vehicle types. Under the scheme, which will be running until June 30, 2026, from June 15, 2026, customers will be eligible for obtaining extended warranties at discounted prices. The

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Budget 2026-27: FBR clarifies no new tax imposed on solar panels

Budget 2026-27: FBR clarifies no new tax imposed on solar panels

ISLAMABAD (Kashmir English): The Federal Board of Revenue (FBR) has clarified that no new tax has been imposed on solar panels and rejected the impression that solar energy has contributed to higher electricity prices. During a technical briefing on the federal budget 2026-27, FBR Member Hamid Atiq Sarwar said solar energy systems have played a

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customs duty

Govt proposes to abolish customs duty on raw materials for cancer medicines

ISLAMABAD (Kashmir English): Finance Minister Muhammad Aurangzeb on Friday said that the government has decided to complete the abolition of customs duty on raw materials used in the local production of medicines for cancer and other diseases. As per the budget document, more than 100 categories of raw materials used in the local manufacturing of

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