Pakistan Revenue
Chartered accountants’ body proposes CPI-based adjustment of salary tax slabs to ease burden on salaried class amid persistent inflation. The Institute of Chartered Accountants of Pakistan has proposed linking salary tax slabs with Consumer Price Index (CPI) inflation in the federal budget 2026-27 to reduce the growing tax burden on salaried individuals.
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IMF asks Pakistan’s tax authority to provide comprehensive information on refund arrears to improve transparency and ease business liquidity pressures. The International Monetary Fund has asked the Federal Board of Revenue to provide detailed information on pending tax refund claims as part of ongoing efforts to address liquidity pressures faced by businesses in Pakistan.
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Pakistan to play two ICC World Test Championship matches in Trinidad and Tobago during Caribbean tour. West Indies cricket team has confirmed its home international schedule featuring series against Pakistan national cricket team, Sri Lanka national cricket team and New Zealand national cricket team across all formats later this year.
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Four-time champion Iga Swiatek and Novak Djokovic reach French Open third round as Elena Rybakina and Jasmine Paolini suffer surprise exits. Iga Swiatek and Novak Djokovic advanced comfortably to the third round of the French Open on Wednesday, while women’s second seed Elena Rybakina and 13th seed Jasmine Paolini suffered shock defeats in Paris.
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Japanese automaker reports steep fall in Middle East shipments as geopolitical tensions weigh on global sales and trade flows. Toyota Motor Corporation reported a sharp decline in exports to the Middle East in April, as ongoing regional tensions continued to disrupt trade activity and weaken consumer demand.
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World’s largest cryptocurrency extends weekly and yearly losses amid continued volatility in digital asset markets. May 28, 2026 — Bitcoin extended its downward trend on Thursday, falling to $73,057.94 against the U.S. dollar, as investor sentiment remained cautious amid persistent volatility in global digital asset markets.
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Honda Atlas Cars Pakistan has rolled out an exciting new campaign for hybrid SUV owners with the launch of the “Honda Fuel Efficiency Drive” contest. The initiative is specially designed for Honda HR-V e:HEV users, giving owners a chance to showcase the fuel-saving capabilities of their vehicles while competing to win free fuel rewards. The […]
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Chinese auto giant SAIC has officially introduced the all-new MG 4X, a compact electric SUV designed to strengthen the brand’s position in the rapidly growing EV market.
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Italian luxury carmaker Ferrari has found itself at the center of controversy after unveiling its first fully electric sports car, the Ferrari Luce.
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Karachi Tax Bar Association urges expansion of documentation rules across all trade levels to widen tax base and improve transparency. The Karachi Tax Bar Association (KTBA) has proposed extending the requirement of collecting Computerized National Identity Card (CNIC) and National Tax Number (NTN) details throughout the entire supply chain, in a move aimed at broadening […]
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