The Senate Standing Committee on Finance on Sunday opposed a proposal to grant sales tax exemption on the import of… Read More
Govt Warns of Oil Shock, Debt and Climate Risks to Budget 2026-27
The federal government has warned that rising global oil prices, slower economic growth, weaker revenue collection, higher debt servicing costs,… Read More
Pakistan Officially Announces Historic Peace Deal Between US and Iran
Global oil prices fell sharply on Monday after Pakistan announced that it had successfully mediated a peace agreement between the… Read More
Banking Industry Backs a Disciplined, Growth-Oriented Budget – and Is Putting Its Balance Sheet to Work
The Pakistan Banks Association (PBA) today welcomed the Federal Budget for FY 2026-27 as the first in years to move… Read More
Pakistan Abolishes 18% Sales Tax on Shipping Industry
The federal government has withdrawn the 18 percent sales tax on Pakistan’s shipping industry in the Budget 2026-27 to cut… Read More
BlackBerry is Back—But Not in the Mobile Phones Market
BlackBerry is expanding the reach of its QNX software platform beyond the automotive sector, securing new deployments in industrial automation,… Read More
Textile Industry Seeks Final Tax Status for Exporters to End All Income Tax Liability
The Pakistan Textile Council (PTC) has welcomed the business-and export-oriented measures announced in the Finance Bill 2026–27. While supporting the… Read More
Banks to Send Customer Transaction Data to FBR to Detect Tax Evasion
The Federal Board of Revenue (FBR) has proposed a major digital surveillance mechanism to detect tax evasion through real-time integration… Read More
Lahore’s Historic Ewing Hall to Be Restored, Not Demolished: LHAR Board
The Lahore Heritage Areas Revival Board (LHAR) has issued a clarification regarding recent reports and public concern over Ewing Hall… Read More
Shocking Math Predicts AI Adoption to End All Jobs and Destroy World Economy
Two economists have published a mathematical paper arguing that large-scale AI adoption could, under certain conditions, lead to a self-reinforcing… Read More
Israeli Killing of Palestinians Has Worsened in the Occupied West Bank Since 2023
The occupying regime of Israel has killed more Palestinians in the West Bank over the past three years than in… Read More
Gold Gains Over Rs. 4,000 in Pakistan After 2nd Big Increase in a Row
Gold prices staged another sharp increase in Pakistan on Saturday after international rates shot up during the session. According to… Read More
