Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi, India, May 24, 2024. — ReutersIndian rupee down over 4 per cent since beginning of US-Iran war.Higher oil prices threaten to slow India’s growth, raise inflation.Analysts reckon…
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FBR’s transformation plan to boost tax-to-GDP ratio from 10.24% to 18%
A representational image showing the FBR logo. — FBR website/File
Officials highlight gap in taxes, which will be plugged via digitisation.FBR’s contribution will rise to 14%, provincial revenues by 3%.Authority’s capacity being enhanced by hiring around 1,600…
Pakistan suffers Rs371bn flood losses, GDP target cut to 3.9%, IMF told
Residents guide their buffaloes in a flooded area following monsoon rains and rising water levels of the Chenab River, on the outskirts of Multan, Punjab province, Pakistan, September 4, 2025. — ReutersGovernment had set 4.2% GDP growth for Fiscal Year 2025-26.Islamabad briefs IMF…
FBR uncovers major customs fraud at Karachi airport
An undated image of the Federal Board of Revenue building in Islamabad. — APP/FileFive consignments removed using forged gate passes.Rs103m electronics consignment seized in timely action.Employees of foreign ground-handler among those arrested.
ISLAMABAD: In a significant…