Four thousand US dollars are counted out by a banker counting currency at a bank. — Reuters/FileRemittances up 11.3% year-on-year in Sept.Saudi Arabia remains top remittance source.FY26 inflows expected to exceed $41bn.The overseas workers’ remittances witnessed an increase…
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One-third of Pakistan’s taxpayers declare zero income in returns
This image released on March 3, 2022, shows the FBR building. — Facebook/Federal Board of RevenueFBR to send notices, launch audits after October 31 deadline.Chairman Langrial says FBR has transaction data of filers.FBR flags 977,000 filers showing lower income than last year.
Govt cuts development budget by 10%, mulls smart lockdown to tackle fuel crisis
A representational image of calculator and planning sheet. — ReutersGovt provides subsidy to keep prices of petrol and diesel unchanged.Funds from Rs350bn for contingency measures being used to provide fuel subsidy.Funds of ministries and divisions cut down by Rs68 billion.<p…
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Budget 2026-27: Fiscal turnaround or statistical illusion?
The recently issued Mid-Year Budget Review for fiscal year 2025-26 projects what at first glance appears to be a remarkable improvement in Pakistan’s fiscal position.
The headline numbers show that during July-December 2025, the consolidated fiscal balance moved from…