A pump jack operates outside of Midland, Texas, U.S. June 11, 2025. — ReutersTrump says US and Iran have ‘major points of agreement’.Iran rejects claims of contact with Washington amid conflict.Brent could hit $150 if Hormuz stays shut through…
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SBP keeps interest rate unchanged in year’s first policy announcement
The logo of the State Bank of Pakistan is pictured on a reception desk at the bank’s head office in Karachi. — Reutrs/FileCentral bank holds policy rate at 10.5% for next two months.Cash Reserve Requirement for banks to be reduced to 5%: SBPInflation to peak for few months during…
Salaried class once again emerges as single largest income tax contributor, shows FBR data
A person withdrawing cash from an Automated Teller Machine. — AFP/FileThree sectors paid Rs293bn, salaried Rs315bn.Salaried taxpayers paid Rs22bn more overall.Data released just before IMF review mission.
ISLAMABAD: The salaried class has once again emerged as the single…
Taxes on high-end phones affect only 5% of users, says FBR chairman
A man checks an iPhone 16 Pro at an Apple store. — Reuters/FilePremiums on latest models reaching Rs150,000.Imported phones taxed under existing regime.Report on the issue due by March before NA.
The Federal Board of Revenue has said that taxes on expensive, imported…