The Pakistan Telecommunication Authority (PTA) Zonal Office Lahore, in coordination with the National Cyber Crime Investigation Agency (NCCIA) Gujranwala, carried out three targeted raids in Gujrat to dismantle operations involved in the sale of tampered and cloned mobile devices.
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FBR crushes benami ownership, seizes Islamabad housing plots
Islamabad, June 14, 2025 – In a landmark move, the Federal Board of Revenue (FBR) has successfully confiscated the first-ever benami immovable property in Islamabad under the Benami Transactions (Prohibition) Act, 2017.
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Pakistan gold prices skyrocket amid Middle East tensions
Karachi, June 14, 2025 – Gold prices in Pakistan soared sharply on Saturday, nearing record levels, as geopolitical tensions in the Middle East rattled global markets and pushed investors toward safe-haven assets.
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Iran-Israel conflict erodes PSX weekly gains
Karachi, June 14, 2025 – The Pakistan Stock Exchange (PSX) saw its weekly gains wiped out by rising geopolitical tensions in the Middle East, particularly due to renewed hostilities between Iran and Israel.
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2025-26 budget incorporates several ICMAP proposals
Karachi, June 14, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has lauded the federal government for integrating several of its key recommendations in the newly unveiled budget for the fiscal year 2025-26.
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Special judges to decide tax fraud cases instead of FBR officers
Karachi, June 14, 2025 – In a major policy shift, the Federal Board of Revenue (FBR) has proposed that cases involving sales tax fraud will now be adjudicated by special judges, rather than by FBR officers.
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Sindh sets Rs388 billion tax collection target for SRB in FY26
Karachi, June 14, 2025 – The Sindh government has set an ambitious tax collection target of Rs388 billion for the Sindh Revenue Board (SRB) for the fiscal year 2025-26, marking a significant increase of around 20 percent from the previous year.
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UNISAME voices strong disappointment over budget 2025-26
Karachi, June 14, 2025 – The Union of Small and Medium Enterprises (UNISAME) has expressed deep disappointment over the recently announced fiscal budget 2025-26, stating that the government’s measures are discouraging, regressive, and detrimental to the growth of the SME sector.
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Govt raises limit, increases tax rate on cash withdrawals in FY26
Islamabad, June 14, 2025 – In a significant move to tighten financial compliance and widen the tax base, the government has announced an increase in the limit for the imposition of higher withholding tax on cash withdrawal from banks by non-filers.
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Shipping Operations Continue at Port Qasim – June 14, 2025
Karachi, June 14, 2025 – The Port Qasim Authority (PQA) has reported another day of vibrant shipping operations, underscoring the port’s critical role in Pakistan’s maritime trade.
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