Islamabad, November 12, 2025 – Sindh has emerged as the top-performing province in sales tax collection during the first quarter (July–September) of the fiscal year 2025-26, according to official data released by the Ministry of Finance.
(more…)Category: Top stories
Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
-
KSE-100 index falls 3,668 points amid Islamabad suicide blast
Karachi, November 11, 2025 – The Pakistan Stock Exchange (PSX) witnessed a steep decline on Tuesday as the KSE-100 index plunged by 3,668 points, driven by panic selling and negative investor sentiment following a suicide blast in Islamabad.
(more…) -
PM Shehbaz to meet CEOs of top 20 firms to boost investment
Islamabad, November 11, 2025 – Prime Minister Shehbaz Sharif will soon hold a high-level meeting with chief executive officers (CEOs) of Pakistan’s top 20 companies to promote domestic and foreign investment, strengthen public-private partnerships, and attract global investors.
(more…) -
Pakistan collects Rs10 billion in carbon levy for Q1FY26
Islamabad, November 10, 2025 – Pakistan’s federal government has generated over Rs10 billion in revenue under the newly introduced ‘carbon levy’ during the first quarter (July–September) of the fiscal year 2025-26, according to official data released by the Ministry of Finance.
(more…) -
PM Shehbaz pushes faster transition toward cashless Pakistan
Islamabad, November 10, 2025 – Prime Minister Shehbaz Sharif on Monday directed authorities to accelerate efforts to transform Pakistan into a fully cashless and digital economy, emphasizing that this shift is crucial for the country’s sustainable economic growth and transparent governance.
(more…) -
FBR sparks controversy with abrupt ban on manual tax return filing
Karachi, November 10, 2025 – The Federal Board of Revenue (FBR) has ignited a storm in the tax community by issuing SRO 2107(I)/2025, officially ending manual filing of income tax returns for the current year.
(more…) -
ECC approves Rs660 billion guarantee for circular debt financing
Islamabad, November 7, 2025 – The Economic Coordination Committee (ECC) of the Cabinet on Friday approved a government guarantee worth Rs659.6 billion to facilitate circular debt financing of Rs1.225 trillion in the power sector.
(more…) -
Pakistan seeks to strengthen trade and economic ties with Iran: PM Shehbaz
Islamabad, November 7, 2025 – Prime Minister Shehbaz Sharif reaffirmed Pakistan’s strong desire to enhance trade and economic cooperation with the Islamic Republic of Iran, emphasizing that both nations share deep-rooted cultural, religious, and historical ties.
(more…) -
Petroleum Levy Continues to Squeeze Citizens Under Five-Year IMF-Backed Plan
Islamabad, November 7, 2025 — Pakistanis are bracing for yet another financial hit as the federal government plans a sharp increase in the petroleum levy over the next five years — a move designed to meet IMF-backed revenue targets but likely to further strain consumers already battling inflation.
(more…) -
Jackpot for FBR: Law Changes Drive 23% Surge in Export Tax Collection
Islamabad, November 6, 2025 — It’s a jackpot moment for the Federal Board of Revenue (FBR)! Thanks to recent tax law changes, the authority has recorded a remarkable 23% jump in withholding tax collection from exports during the fiscal year 2024–25, signaling stronger revenue performance and improved compliance.
(more…)