Karachi, December 19, 2025 – The All Pakistan Sarafa Gems and Jewelers Association (APSGJA) has released the official daily prices of gold and silver to facilitate consumers, investors, and bullion traders across the country.
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Gold prices stay volatile in Pakistan, drop Rs900 per tola
Karachi, December 19, 2025 – Gold prices remained volatile in Pakistan on Friday, recording a notable decline as the per tola rate fell by Rs900 in the local bullion markets, reflecting ongoing fluctuations in global prices.
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IMF warns vested interests could derail Pakistan reform program
Islamabad, December 19, 2025: The International Monetary Fund (IMF) has expressed serious concerns that powerful vested interest groups in Pakistan could undermine the effective implementation of agreed program policies, posing risks to fiscal stability and long-term economic growth.
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AFC bans Indian football club for two seasons over Iran travel refusal
The Asian Football Confederation (AFC) has imposed a two-season ban on Indian football club Mohun Bagan Super Giant for refusing to travel to Iran for an AFC Champions League (ACL) Two group-stage match against Sepahan SC in September. The suspension will remain in effect up to and including the 2027–28 season.
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November decline reduces Pakistan’s textile exports growth to 2.73% in 5MFY26
Islamabad, December 19, 2025 – Pakistan’s textile exports growth slowed significantly in November 2025, bringing the overall increase for the first five months (July to November) of the current fiscal year 2025-26 to 2.73%, according to the latest data released by the Pakistan Bureau of Statistics (PBS).
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Are you a 2025 return filer? You must know how FBR assesses your return
If you have filed your income tax return for tax year 2025, understanding how the Federal Board of Revenue (FBR) assesses your declaration is crucial. Many taxpayers believe filing a return ends their responsibility—but under Pakistan’s tax law, filing is only the beginning of the assessment process.
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Who is required to file a foreign income and assets statement in Pakistan?
If you are a resident taxpayer in Pakistan with overseas income or assets, filing a foreign income and assets statement is not optional—it is a legal obligation under the Income Tax Ordinance, 2001. Failure to comply can trigger enforcement action by the Federal Board of Revenue (FBR), especially from tax year 2026 onward.
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Your wealth statement must contain these details to avoid FBR action
Filing an accurate wealth statement is not just a formality—it is a legal requirement that can protect you from scrutiny, penalties, and enforcement action by the Federal Board of Revenue (FBR). Under the Income Tax Ordinance, 2001, the FBR has clearly defined what a valid wealth statement must include for each tax year.
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Tom Cruise teases comedy film ‘Digger’ with Oscar winning director Iñárritu
Tom Cruise is back on the big screen with a brand-new comedy, teaming up with Oscar-winning director Alejandro G. Iñárritu for the first time. Warner Bros. released a teaser for the film, titled Digger, on December 18, giving fans a mysterious first look at Cruise outside his usual action franchises.
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Billboard charts to lose YouTube streaming data in 2026
The music industry is facing a major shake-up as YouTube announced it will stop submitting U.S. streaming data to Billboard in 2026. The decision comes amid disagreements over how paid subscription streams and ad-supported streams are counted on the charts.
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