IMF presses Pakistan to resolve pending FBR tax cases swiftly
Pakistan and the International Monetary Fund (IMF) have launched their second review discussions under the ongoing loan program, focusing on revenue shortfalls, unresolved tax disputes,…
Business
Shift in FDI Needed to Break Reliance on Energy Sector
The Pakistan Industrial and Traders Association Front (PIAF) has cautioned that Pakistan’s overdependence on energy-focused foreign investment is holding back broader economic growth, calling on…
Karachi Authorities Seal Two Rice Mills for Hoarding Wheat
The Deputy Commissioner of Karachi Malir conducted a raid against wheat hoarders, sealing two rice mills for illegally stockpiling wheat. During the operation, three rice…
Share Prices Soar to Historic 160,000-Point Milestone
The Pakistan Stock Exchange (PSX) made history on Friday, crossing the 160,000-point mark for the first time as investors showed confidence following the successful conclusion…
FBR clarifies changes in 2025 income tax return form
The Federal Board of Revenue (FBR) has issued a clarification regarding changes made to the income tax return form 2025, just days before the deadline…
Pakistan inks Rs1.27tr financing deal to tackle power sector debt
Pakistan will sign a Rs1.275 trillion financing agreement today (Wednesday) with a consortium of 18 commercial banks in a bid to bring down the country’s…
Pakistani Firm to Export $8.1 Million Worth of Beef to UAE
A Pakistani beef company has finalized an agreement with a United Arab Emirates (UAE) firm to export frozen boneless beef worth $8.1 million. The Organic…
FBR to crack down on social media users flaunting luxury lifestyles
The Federal Board of Revenue (FBR) is gearing up for a sweeping crackdown against tax evaders flaunting their lavish lifestyles online. Insiders revealed that FBR’s…
PSX rallies as shares jump to all-time peak
Share prices consolidated their gains at the Pakistan Stock Exchange (PSX) on Friday, with the benchmark index soaring to a new all-time high. Trading activity…
PSX surges as Pakistan and Saudi Arabia sign landmark defence pact
Share prices rallied at Pakistan Stock Exchange (PSX) on Thursday following the signing of landmark strategic mutual defence pact between Pakistan and Saudi Arabia. A…