Tax authority assigns powers to Chief Commissioner and six Commissioners following the redesignation of MTO Karachi as CTO-II.
(more…)Author: Faisal Shahnawaz
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FBR abolishes CTO Islamabad, renames MTO Karachi as CTO-II
Tax authority restructures Inland Revenue field formations by establishing RTO-II Lahore and reorganising corporate tax administration.
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Foreign investors repatriate $2.31 billion in profit from Pakistan during FY2025-26
Banking and power sectors account for nearly 45% of total profit and dividend outflows, according to State Bank of Pakistan data.
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Morocco accelerates hotel expansion plans ahead of 2030 FIFA World Cup
North African nation targets 60,000 new hotel beds and major infrastructure upgrades to boost tourism before co-hosting the 2030 FIFA World Cup.
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Yamal creates history as youngest player to win Euro and FIFA World Cup
Spain’s teenage sensation achieves a rare football milestone after helping his country secure World Cup glory.
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Stefanos Tsitsipas clinches Swiss Open 2026 title after hard-fought final
Greek star defeats Belgium’s Rafael Collignon in a thrilling three-set battle to secure his 13th ATP career title in Gstaad.
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PHF denies claims of selection committee dissolution, reaffirms merit-based selection
Pakistan Hockey Federation says selection committee remains active as international coaches provide technical support through advanced performance monitoring.
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Spain’s 2026 FIFA World Cup victory brings massive financial rewards
RFEF secures $50 million prize money as players and sponsors benefit from historic World Cup success
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Pakistan issues new FED rates on air travel tickets for FY2026-27
FBR updates Federal Excise Duty structure for first-class, business-class, and club-class air tickets under the amended Federal Excise Act, 2005.
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Pakistan increases diesel prices: updated petroleum prices for July 21, 2026
Diesel price rises sharply by Rs5.71 per litre, while petrol records a slight reduction under the new daily pricing mechanism.
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