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FBR Threatens Rs. 150,000 Fine for Traders to Save Flopped Tax Scheme
The Federal Board of Revenue (FBR) plans to impose penalties of up to Rs. 150,000 on non-compliant traders who fail
ProPakistani
India bonds may weaken mildly after RBI hike; 10-year yield seen near 7.25%
MUMBAI: Indian government bonds may continue to weaken in early deals on Thursday, a day after the central bank raised interest rates for the first time in nearly four years and shifted its stance…
Business Recorder



IMFUpdatedIMF, Pakistan reach staff-level agreement on EFF, RSF reviews
The International Monetary Fund (IMF) staff and Pakistan have reached a staff-level agreement on the fourth review of the $7-billion Extended Fund Facility (EFF) and the third review of the…
Business Recorder
Reliable energy supply sought for export industries
KARACHI: President of the Pakistan Businessmen and Intellectuals Forum (PBIF) and All Karachi Industrial Alliance, Chairman of the National Business Group Pakistan, Chairman of the FPCCI Policy…
Business Recorder
Dollar edges back from 18-month high after FOMC minutes
SINGAPORE: The dollar held near its strongest level in a year-and-a-half in subdued trading at the start of the Asian session on Thursday, after hawkish minutes from the Federal Open Market…
Business Recorder
Unrecovered VAT can push input cost up by 8.9pc: IMF study
ISLAMABAD: The International Monetary Fund (IMF) has highlighted significant distortions in tax systems that affect key economic decisions, noting that unrecovered value-added tax (VAT) can raise…
Business Recorder
Pakistan’s pharmaceutical exports hit three-year low of USD319m in FY26
KARACHI: Pakistan Pharmaceutical Manufacturers Association (PPMA) has reported that the country’s medicine exports hit a three-year low of USD319.01 million in the fiscal year ended June 30, 2026…
Business Recorder


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