KARACHI: Sindh CM Murad Ali Shah has ordered a full-scale probe into the World Bank-funded Sindh Solar Energy Project after officials exposed massive fraud: forged import documents, fake Read More...
ISLAMABAD: OGRA has hammered LPG consumers with a December 2025 price bomb — Rs7,391/tonne hike to Rs208,991.40/tonne, jacking the 11.8kg cylinder by Rs87 to Rs2,466 just as winter bites. Blame Saudi Aramco CP +4.93% and a weaker rupee (-0.15%) — producer price jumps to Rs167,691.40/tonne, Read More...
ISLAMABAD: The Federal Constitutional Court (FCC) will finally tackle the super tax war on December 1, hearing FBR appeals against Sindh, Lahore, and Islamabad High Court rulings that struck down Sections 4B & 4C of the Income Tax Ordinance. A three-member bench led by Chief Justice Read More...
ISLAMABAD: FBR is bleeding red — Rs428 billion short in Jul–Nov FY26 despite new taxes, rate hikes, and enforcement blitz, official data confirms. Collected Rs4.715T vs target Rs5.14T. Desperate, FBR forced banks open Saturday to chase Rs15B extra. Income tax missed by Rs177B, sales tax by a Read More...
ISLAMABAD: SECP has fired a red-alert warning against two unlicensed scam platforms — Equitrix Investment Management LLC and ahlexchange.com — that are fraudulently using Arif Habib Limited’s name to peddle fake “high-return” stock schemes**. The regulator confirmed both entities are Read More...
LAHORE: SBP and LCCI are launching a QR code payment revolution — chamber members will soon settle fees cashless with a single scan, turbocharging Pakistan’s digital payments drive. The pact was sealed in a high-stakes meeting between SBP Chief Manager Tariq Riaz and LCCI President Faheem Ur Read More...
ISLAMABAD: FBR has detonated a transparency bomb — all BPS-17+ officers across federal, provincial, autonomous bodies, SOEs, and government-linked firms must now publicly expose their assets, Dawn reports. SRO 2263 issued Thursday rips up the old 2023 Rules, delivering IMF-mandated full Read More...
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ISLAMABAD: Consumer inflation is set to climb back in November 2025, with Topline Research forecasting 6.5–7.0% YoY (vs 6.25% in Oct & 4.86% last Nov) and +0.8% MoM. Food prices are the main culprit, jumping 1.52% MoM thanks to flood havoc and Afghan border closure — onions +59%, chicken Read More...
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ISLAMABAD: FBR Chairman Rashid Mehmood Langrial dropped a bombshell roadmap — tax-to-GDP to hit 18% by FY28 through ruthless base expansion and iron-fist enforcement. At the PBC seminar, he revealed current ratio is a pathetic 10.33% (federal 9.48%, provinces 0.85%) — plan: federal to 15%, Read More...
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ISLAMABAD: The Federal Board of Revenue (FBR) has slammed two new check posts right on the Azad Jammu & Kashmir border to intercept vehicles smuggling goods from tax-exempt zones, per SRO 2185(I)/2025 issued Thursday. One post locks down Kohala Bridge (Muzaffarabad → Murree/Abbottabad Read More...
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