Islamabad

ISLAMABAD: In a significant development, the Islamabad High Court has issued a stay order against the implementation of the recently...

Pakistan, US discuss bitcoin strategy in landmark White House meeting

WASHINGTON: Minister of State for Crypto and Blockchain and CEO of the Pakistan Crypto Council (PCC) Bilal Bin Saqib, recently...

IMF demands full implementation of conditions in Budget 2025-26

ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to ensure the full implementation of all previously agreed economic conditions...

Govt plans Capital Value Tax (CVT) on movable assets in Budget 2025-26

ISLAMABAD: In a potentially impactful move for the nation’s wealthiest individuals, the government of Pakistan is reportedly poised to reintroduce...

Upcoming federal budget estimated at Rs17,500b

byQaisar Mansoor

ISLAMABAD: The estimated size of the federal budget has been set at Rs17,500 billion. According to sources, the Federal Board...

Pakistan, Iran ink MoU on communications cooperation at ECO Summit

TEHRAN: On the concluding day of the Economic Cooperation Organization (ECO) summit held in Tehran, a Memorandum of Understanding (MOU)...

Pakistan conveys support for establishment of SCO Development Bank

ISLAMABAD: Pakistan has conveyed strong support for the establishment of SCO Development Bank. The support was expressed by Finance Minister...

FBR secures Rs36.14b in favorable tax case rulings

ISLAMABAD: The Federal Board of Revenue (FBR) has achieved a significant breakthrough in its efforts to recover long-pending tax arrears,...

PM Shehbaz expresses strong satisfaction over Faceless Customs Reforms

ISLAMABAD: Prime Minister Shehbaz Sharif expressed profound satisfaction with the impressive progress and performance of the faceless customs assessment system,...

IMF ‘agrees’ to income tax relief for salaried class in budget 2025-26

ISLAMABAD: In a major development during ongoing budget negotiations between Pakistan and the International Monetary Fund (IMF), the Fund has...

Crypto council agrees on technical committee to draft framework for digital and virtual assets

ISLAMABAD: The Pakistan Crypto Council (PCC) has agreed to form a technical committee to draft a framework for digital and...

PM Shehbaz chairs review meeting on FBR reforms

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif chaired a high-level review meeting today to assess ongoing reforms and initiatives within the...

Budget 2025-26: Pakistan sets economic growth target at 4.2pc

ISLAMABAD: The Pakistan government has set economic targets for the upcoming Budget 2025-26 budget. As per details, the government has...

Salaried class likely to get tax relief in budget after IMF nod

ISLAMABAD: The International Monetary Fund (IMF) has reportedly agreed to provide income tax relief to the salaried class in the...

Summary of proposed tax measures for FY26 budget

ISLAMABAD: Key tax proposals for the upcoming fiscal year 2025-26 budget are emerging, indicating a strategic focus on enhancing corporate...

FBR’s provisional collection tops Rs935b in May, shortfall narrows

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected over Rs935 billion in May 2025, falling short of its...

Organized retail sector demands overhaul of tax structure in FY26 Budget

31/05/2025

ISLAMABAD: Pakistan’s organized retail sector, represented by the Chainstore Association of Pakistan (CAP), has issued a strong appeal to the...

FBR misses tax target by Rs1 trillion in eleven months

31/05/2025

ISLAMABAD: The Federal Board of Revenue (FBR) has fallen significantly short of its tax collection target for the first 11...

IMF questions Pakistan’s decision to allocate electricity for Bitcoin mining, AI projects