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President orders fresh probe into iPhone seizure case, sends matter back to FTO
ISLAMABAD: The President Asif Ali Zardari has ordered a fresh investigation into a high-profile case involving the alleged mishandling and...
Pakistan’s trade deficit widens 8.4pc in February to $298.1m
KARACHI: Pakistan’s trade deficit in February widened by 8.4 percent, reaching $298.1 million, according to the latest data released on...
Pakistan passes Virtual Assets Bill 2026, legalizes cryptocurrency nationwide
ISLAMABAD: National Assembly on Tuesday passed the Virtual Assets Bill, 2026, officially legalizing cryptocurrencies and establishing a regulatory framework for...
FBR officers ordered to declare 10-year asset details, explain income sources
ISLAMABAD: The Establishment Division has directed officers of the Federal Board of Revenue (FBR) to submit comprehensive declarations of their...
FBR to allow super tax installments until June 30, 2026
ISLAMABAD: The Federal Board of Revenue (FBR) has agreed in principle to provide relief in the payment schedule of super...
FBR considers contingency plan to meet FY26 revenue target
ISLAMABAD: The Federal Board of Revenue (FBR) is considering a contingency plan to meet its revenue target for fiscal year...
ATIR annuls CTO order, restores foreign company’s refund in time-barred tax case
ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has set aside a refund rejection order issued by the Corporate Tax Office...
Why senior customs officer undergoes psychological test in FBR probe?
LAHORE: The Federal Board of Revenue (FBR) has conducted a comprehensive health checkup, including a psychological examination, of a senior...
PM forms 18-member committee to oversee oil prices amid regional conflict
ISLAMABAD: Prime Minister Shehbaz Sharif has constituted an 18-member high-level committee to oversee the impact of rising international oil prices...
Pakistan’s fragile economic recovery faces risk amid regional conflict
KARACHI: Pakistan’s fragile economic recovery could come under pressure if Israel-US strikes on Iran escalate into a wider regional conflict,...
IMF delegation leaves Pakistan; virtual talks to continue amid security concerns
ISLAMABAD: Officials from Pakistan’s Ministry of Finance confirmed that discussions with the International Monetary Fund (IMF) will proceed as originally...
Business community demands elimination of terrorism menace once and for all
FAISALABAD: President Faisalabad Chamber of Commerce & Industry (FCCI) Farooq Yousaf Sheikh condemned the repeated cross-border attacks from Afghanistan and...
Chairman FBR meets ICCI delegation, assures maximum facilitation in taxation matters
ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial assured the business community of maximum facilitation in taxation matters...
CDNS achieves Rs40b in Islamic investment inflows in eight months
ISLAMABAD: Pakistan’s Islamic finance sector continues to gain momentum as the Central Directorate of National Savings (CDNS) recorded Rs 40...
IMF mission begins third EFF review talks with Pakistan
ISLAMABAD: An International Monetary Fund (IMF) mission, led by Iva Petrova, on Monday began talks with Federal Minister for Finance...
FBR faces Rs429b tax shortfall from July to February
ISLAMABAD: The Federal Board of Revenue (FBR) has recorded a tax shortfall of Rs429 billion between July and February, including...
Business community supports operation Ghazab Lil Haq: NKATI chief
KARACHI: President of the North Karachi Association of Trade & Industry (NKATI), Faisal Moiz Khan, has declared full support for...
FBR faces revenue shortfall in February amid IMF review talks
ISLAMABAD: The Federal Board of Revenue (FBR) is facing mounting pressure after recording a significant revenue shortfall in February 2026,...
FBR starts action against 38 top YouTubers & TikTokers for tax evasion
ISLAMABAD: The Federal Board of Revenue (FBR) has launched recovery proceedings against 38 prominent YouTubers, TikTok stars, and social media...
Banking sector extends Rs882.40b in loans to 302,922 SMEs
ISLAMABAD: The banking sector has disbursed Rs882.40 billion to 302,922 borrowers under the Small and Medium Enterprises (SMEs) financing program,...
