Pakistan’s men’s cricket team wrapped up an impressive and successful home season in 2025-26, finishing on a high note with a memorable ODI series victory over Australia at Lahore’s Gaddafi Stadium on June 4. The campaign reflected consistency, dominance at home conditions, and growing momentum across all formats.
(more…)Author: Faisal Shahnawaz
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Hyundai Launches Recall for Palisade Following Rear Seatbelt Sensor Fault
The new-generation Hyundai Palisade has been recalled after a safety-related issue was discovered in one of its rear seatbelt systems.
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Master Chery Unveils Free Wheel Alignment Offer at Selected Dealerships
Master Chery Pakistan has announced a limited-time aftersales campaign, offering free wheel alignment with every eligible periodic maintenance service at selected dealerships across the country.
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Royal Power to Launch Royal GPX Electric Scooters in Pakistan on June 14
Pakistan’s two-wheeler industry is preparing for a major development as Royal Power Pakistan gets ready to introduce Royal GPX electric scooters in the local market on June 14, 2026.
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Pakistan advised to mandate tax filing for foreign nationals
Chartered accountants urge Pakistan to enforce tax return filing for foreign residents staying more than 183 days annually.
ISLAMABAD: The Institute of Chartered Accountants of Pakistan (ICAP) has recommended making income tax return filing mandatory for foreign nationals residing in Pakistan for more than 183 days during a tax year.
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FBR revises customs values for imported ammunition; VR2087/2026
New valuation ruling includes .22 and .222 calibre ammunition and updates customs values based on market trends.
ISLAMABAD: The Federal Board of Revenue (FBR) has revised customs values for imported ammunition through Valuation Ruling No. 2087/2026, updating duty assessment rates for various calibres and origins of cartridges.
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Honda Pakistan achieves 70% surge in annual car production
Honda Atlas Cars Pakistan reports strong growth in production and sales as the country’s automotive sector shows signs of stabilisation and renewed consumer demand.
Honda Atlas Cars Pakistan Limited has reported a remarkable 70% increase in vehicle production for the financial year ended March 31, 2026, reflecting the ongoing recovery of Pakistan’s automobile industry.
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FBR collects over Rs518 billion in salary tax, registers 6% decline in 11MFY26
Salary tax collections drop year-on-year as debate grows over relief for salaried class in upcoming budget
ISLAMABAD: The Federal Board of Revenue (FBR) collected over Rs518 billion in salary tax during the first eleven months (July–May) of fiscal year 2025-26 (11MFY26), reflecting a decline of around 6 per cent on a year-on-year basis.
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New Zealand slip in WTC standings after Lord’s defeat to England
England’s 115-run win at Lord’s reshapes early World Test Championship standings
New Zealand’s tour of England began on a disappointing note as they suffered a 115-run defeat in the opening Test at Lord’s on Sunday, a result that has pushed them down from second to fourth in the 2025–27 World Test Championship (WTC) points table.
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FBR to catch retailers through high-value transactions
IMF urges Pakistan to expand retailer registration and restrict certain transactions to tax filers
ISLAMABAD: The Federal Board of Revenue (FBR) is set to intensify efforts to bring undocumented retailers into the tax net by monitoring high-value transactions under a newly introduced retailer registration scheme, sources said.
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