US President Donald Trump signs the GENIUS Act in the East Room of the White House in Washington, DC, on July 18, 2025. — AFPWASHINGTON: US President Donald Trump on Friday signed a law to create a regulatory regime for dollar-pegged cryptocurrencies known as stablecoins,…
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Government to hold final PIA bidding by mid-December, NA panel told
A Pakistan International Airlines aeroplane can be seen in this undated image. —APP/FileFour consortia enter last-stage talks on PIA sale.Cabinet approval of PIA reserve price expected soon.Panel recommends five-year job security for PIA staff.
The…
Banks to remain closed for public dealing on January 1
An undated picture of the State Bank of Pakistan’s building. — AFP/File
The State Bank of Pakistan on Tuesday announced a bank holiday across the country on January 1, 2026.
In a statement, the central bank said that all banks and financial institutions will remain closed for…
Salaried class pays Rs633bn in tax, more than exporters, retailers and real estate combined
An undated image of a cashier counting Rs500 notes. — AFP/FileExporters paid Rs174 billion, down from previous year.Real estate withholding tax collections show mixed results.Retailers contribute roughly Rs70bn in withholding taxes.
ISLAMABAD: Pakistan’s salaried class…