Washington, July 30, 2025 — In a surprising announcement, U.S. President Donald Trump revealed that Pakistan and the United States have entered into a joint agreement to explore and develop the South Asian country’s substantial oil reserves.
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ENG vs IND: Final Oval Test Set for High-Stakes Showdown
LONDON, July 31, 2025 – The much-anticipated fifth and final Test of the Anderson-Tendulkar Trophy between England and India is set to begin today at the historic Kennington Oval in London.
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Matt Henry shines in Bulawayo Test with 6-wicket haul
Bulawayo, July 30, 2025 – The opening day of the first Test between New Zealand and Zimbabwe at Queens Sports Club in Bulawayo was completely owned by Matt Henry, who ripped through Zimbabwe’s batting line-up with a magnificent six-wicket haul. His fiery spell put New Zealand firmly in control of the match.
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FBR clarifies scope of digital presence tax
Islamabad, July 30, 2025 – The Federal Government has announced that the newly introduced Digital Presence Proceeds Tax will not apply to digitally ordered goods and services supplied from outside Pakistan, provided they are already chargeable under the provisions of the same law.
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FBR starts action against taxpayers over integration failure
Islamabad, July 30, 2025 – The Federal Board of Revenue (FBR) has begun penal proceedings against taxpayers who failed to meet the mandatory integration requirements with its electronic tax system.
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Federal Cabinet Approves Green Building Code of Pakistan
Islamabad, July 30, 2025 – In a significant move toward environmental sustainability and climate resilience, the Federal Cabinet has officially approved the Green Building Code of Pakistan, alongside the Rainwater Harvesting Provisions for the national Building Code.
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SBP issues regulatory framework for bank recovery planning
Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) has issued a comprehensive regulatory framework to guide banks in developing robust recovery planning mechanisms aimed at safeguarding financial stability during periods of distress.
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Working groups formed to finalize export enhancement roadmap
Islamabad, July 30, 2025 – The Ministry of Commerce has formed three dedicated working groups tasked with drafting a comprehensive roadmap for increasing manufacturing exports. These working groups will assess key challenges related to duties, taxation, and financing—factors that significantly impact the cost and competitiveness of exports.
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SBP Releases Updated KIBOR Rates for July 30, 2025
Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) has released the latest Karachi Interbank Offered Rates (KIBOR) for Wednesday, July 30, 2025. These benchmark rates serve as a key indicator for lending and borrowing costs between banks and play a critical role in the broader financial system.
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Brad Pitt Returns as Cliff Booth in Upcoming Hollywood Sequel
Hollywood icon Brad Pitt has officially begun filming for his new role in the highly anticipated sequel to Once Upon a Time in Hollywood.
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