Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024.— ReutersBitcoin rose above $80,000 to hit a more than three-month high on Tuesday as a soft US dollar, in the wake of the moves by Treasury Secretary Scott Bessent to…
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Pakistan launches virtual asset licensing regime, sets September 5 deadline

A representation of cryptocurrencies are seen in this illustration. — Reuters/File
ISLAMABAD: Pakistan has completed its virtual asset licensing framework in less than six months, with existing virtual asset service providers required to submit applications by September 5 or cease…
FBR records Rs684bn tax shortfall in first 10 months of current fiscal year

An undated image of the Federal Board of Revenue building in Islamabad. — APPSales tax at import stage dropped sharply, widening shortfall gap.FBR must collect Rs3,718bn in remaining two-month period.Gulf War impact further slowed imports, overall tax collection.
Govt to replace Passco with Rs350bn wheat firm to tackle debt

Labourers can be seen transferring the wheat sacks in Islamabad. —Online/FileWSMC registered with SECP, structure finalised.Long-term financing to be raised under guarantees.Reform targets storage inefficiencies, fiscal pressures.
ISLAMABAD: The government plans to…

