Business

FBR under fire as complaints skyrocket by 550% in four months

FBR under fire as complaints skyrocket by 550% in four months

ISLAMABAD: Despite the widely publicised Federal Board of Revenue (FBR) Transformation Plan, reports of maladministration within the tax system have…
Threatened by Trump tariffs, Japan walks a delicate tightrope between US and China

Threatened by Trump tariffs, Japan walks a delicate tightrope between US and China

WASHINGTON: Just as Japan’s top trade negotiator traveled to Washington for another round of tariff talks last week, a bipartisan…
FBR to set up a facilitation counter for taxpayers’ guidance

FBR to set up a facilitation counter for taxpayers’ guidance

KARACHI: The Federal Board of Revenue (FBR) held a meeting with various associations of the business community to discuss ways…
Britain and India clinch landmark trade deal in shadow of Trump’s tariffs

Britain and India clinch landmark trade deal in shadow of Trump’s tariffs

NEW DELHI/LONDON: India and the United Kingdom concluded on Tuesday a long-coveted free trade pact, in a landmark deal that…
Wall Street falls for a second day ahead of Federal Reserve meeting

Wall Street falls for a second day ahead of Federal Reserve meeting

NEW YORK: Stocks are opening lower on Wall Street, led by more weakness in technology companies. The S&P 500 lost…
OpenAI drops controversial plan to become a for-profit company

OpenAI drops controversial plan to become a for-profit company

OpenAI has officially scrapped its controversial plan to restructure as a for-profit company, reaffirming its original nonprofit model, CEO Sam…
FBR suggests pension tax ahead of key IMF budget talks

FBR suggests pension tax ahead of key IMF budget talks

ISLAMABAD: The Federal Board of Revenue (FBR) has suggested taxing pensioners in the upcoming budget 2025–2026, just ahead of the…
Monetary easing lifts PSX; index rises nearly 800 points

Monetary easing lifts PSX; index rises nearly 800 points

The Pakistan Stock Exchange (PSX) started Tuesday’s session on a bullish note, as the benchmark KSE-100 index surged nearly 800…
Gold prices in Pakistan see massive hike

Gold prices in Pakistan see massive hike

The price of gold in Pakistan and globally continued to witness an upward trend.  According to the All Pakistan Sarafa…
Business community expresses displeasure over tax laws amendments

Business community expresses displeasure over tax laws amendments

RAWALPINDI: The business community has expressed serious concern over the promulgation of the Tax Laws (Amendment) Ordinance, 2025, terming it…
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