News & Events

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FBR Updates Sales Tax Rules for Manufacturers, Importers

ISLAMABAD: The Federal Board of Revenue (FBR) will levy sales tax based on the value of supply on local sales of products by five categories of manufacturers and importers. Read More: https://epaper.brecorder.com/2026/08/21/1-page/1116333-news.html

Pakistani Rupee Gains Marginally Against Dollar

KARACHI: The Pakistani rupee extended its marginal gains against the US dollar on Wednesday. The local unit closed the day at 277.60, a gain of Re0.01 against the greenback. On Tuesday, the Pakistani rupee settled at 277.61 against the dollar. Read More: https://epaper.brecorder.com/2026/08/20/1-page/1116210-news.html

Diesel Price in Pakistan Slashed as Petrol Gets Rs2.97 Hike

Islamabad: Following a meeting with local refineries, the Petroleum Division has announced a significant reduction in High Speed Diesel (HSD) prices, effective August 20. The price has been slashed by 8.1 percent, offering substantial financial relief to transporters and farmers. Read More: https://epaper.brecorder.com/2026/08/20/1-page/1116218-news.html

Pakistani Rupee Extends Gains Against US Dollar

KARACHI: The Pakistani rupee maintained its marginal upward trend against the US dollar for another week, gaining 0.02% in the interbank market. The local currency closed at Rs277.65 per US dollar, appreciating by Re0.06 from the previous week’s closing rate of Rs277.71. Read More: https://epaper.brecorder.com/2026/08/17/10-page/1115877-news.html

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