APTMA asks FBR to adjust super tax liabilities against pending refunds
APTMA has urged the FBR to allow adjustment of super tax liabilities against long-pending sales tax and income tax refunds, warning that immediate recovery could disrupt the cash-strapped textile sector.
Pakistan Trade Deficit Rises 28.22% to $22.04bn in 7MFY26: PBS
Pakistan’s trade deficit increased by 28.22% year-on-year to $22.04 billion during the first seven months of FY26, as higher imports and lower exports weighed on the external balance, according to PBS data.
Pakistan Exports Cross $3bn, Trade Deficit Narrows 28.5% in January 2026
Pakistan’s exports crossed the $3 billion mark for the first time in January 2026, while the trade deficit narrowed by 28.53% month-on-month, supported by rising exports and falling imports.
Pakistan Faces Competitiveness Crisis as Business Costs Remain 34% Higher Than Regional Economies
Pakistan Business Forum warns that high taxes, expensive energy and currency instability have pushed the cost of doing business 34% above regional peers, threatening exports and industrial survival.
Pakistan REER Falls to 103.73 in December 2025, Imports Cheaper, Exports Less Competitive
State Bank of Pakistan data shows REER at 103.73 in December 2025, indicating a slightly overvalued currency; NEER falls 0.54% MoM, impacting trade competitiveness.
Pakistan Exports to US Rise 6.5% in December as America Remains Top Market
Pakistan’s exports to the United States rose 6.5% year-on-year in December 2025, keeping it the country’s largest export destination, followed by China and the United Kingdom, according to SBP data.
PM Forms High-Level Committee to Review Export Emergency Plan to Boost Exports to $60 Billion
Pakistan’s government considers declaring an export emergency as Prime Minister Shehbaz Sharif forms a high-level committee to review proposals aimed at doubling exports to $60 billion within four years.
Pakistan Exporters Guide 2026: Tax Deduction on Export Proceeds under Section 154
FBR updates Section 154 of the Income Tax Ordinance 2001 for 2026, detailing tax deduction at source on export proceeds for exporters, banks, EPZ authorities, and customs clearance.
Murree Brewery Set to Expand Globally After Pakistan Lifts Nearly 50-Year Export Ban
Pakistan’s oldest brewery, Murree Brewery, prepares for international expansion after receiving approval to export alcoholic beverages for the first time in nearly 50 years, marking a major milestone for the historic company.
Pakistan Industrialists Push for SBP Policy Rate Cut to Stimulate Business Activity
Leading industrialists, including Musadaq Zulqarnain and Gohar Ejaz, have urged the State Bank of Pakistan to reduce the policy rate from 11% to support economic growth, exports, and industrial competitiveness, ahead of the final MPC meeting of 2025.