A representational image showing the FBR logo. — FBR website/FileCommissioner given suspension powers over fake invoices.Manufacturers to also report details of goods supplied.Inauthentic invoices to result in suspension of registration.ISLAMABAD: The Federal Board of…
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PSX falls as US-Iran tensions, oil surge hit sentiment
Stockbrokers monitor share prices during a trading session at the Pakistan Stock Exchange in Karachi on April 8, 2026. — AFP KSE-100 Index closed at 172,196.7, down 1,742.31 points, or 1%.Index hit intraday high of 174,523.76, up 584.75 points, or 0.34%.Index recorded low of…
FBR dismisses PCA claim of Rs100bn revenue loss from FCA system
An undated image of the Federal Board of Revenue building in Islamabad. — APP/FileInquiry launched into report’s preparation and media leak.PCA’s claims of mis-invoicing and TBML ruled out by FBR.Shortfall exaggerated, Rs58m found versus Rs53bn claimed.
ISLAMABAD: The…
ADB revises Pakistan’s FY25 growth forecast to 2.7%
An image of the Asia Development Bank’s logo. — Reuters/FileFY26 growth forecast held steady at 3%.Regional GDP trimmed to 5.9% on trade risks.US tariffs, conflicts threaten regional supply chains.
KARACHI: The Asian Development Bank has revised Pakistan’s economic growth…