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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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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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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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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De la Fuente likely to field World Cup starters as Spain prepare for Cabo Verde opener
Spain travel to Mexico on Sunday for their second and final warm-up fixture ahead of the FIFA World Cup, with head coach Luis de la Fuente expected to field a side closely resembling the team set to begin the tournament against Cabo Verde on June 15.
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Ollie Robinson’s remarkable comeback performance guides England to a 1-0 lead in the Crowe-Thorpe Trophy
England secured a hard-fought 115-run victory over New Zealand in the opening Test of the Crowe-Thorpe Trophy at Lord’s, overcoming challenging conditions and a spirited fightback from the visitors to take a 1-0 lead in the series.
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Karachi Tax Bar Association proposes removing surplus fund tax and administrative expense restrictions on non-profit organisations
The Karachi Tax Bar Association (KTBA) has proposed significant tax relief measures for non-profit organisations (NPOs) in the Budget 2026-27, arguing that the existing tax framework restricts welfare activities and creates financial challenges for charitable institutions.
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Karachi Chamber calls for phased implementation of e-bilty system amid concerns over digital infrastructure shortcomings
The Karachi Chamber of Commerce and Industry (KCCI) has identified persistent internet disruptions and inadequate digital infrastructure as major obstacles to the smooth implementation of the Federal Board of Revenue’s (FBR) e-bilty system, urging the government to reconsider its approach in the upcoming Budget 2026-27.
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Karachi Chamber calls for business-friendly tax reforms, digital verification and an end to disruptive enforcement practices
The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to abolish the Federal Board of Revenue’s (FBR) authority to freeze bank accounts, arguing that the practice disrupts business operations and undermines taxpayer confidence.
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TRANSFORM Pakistan Campaign says higher taxes on sweetened beverages can reduce diabetes and other non-communicable diseases
A coalition of civil society organisations and public health professionals working under the TRANSFORM Pakistan Campaign has urged the government to increase the Federal Excise Duty (FED) to 40 per cent on all sweetened beverages, including juices and fruit juices without exception, in the upcoming Budget 2026-27.
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