Business

Pakistan Seeks Two Winter LNG Cargoes Worth $200 Million
FBR Extends Tax Return Deadline
The Federal Board of Revenue (FBR) has extended the income tax return filing deadline for Tax Year 2026 from October 15 to October 31, 2026.…
Pakistan’s Foreign Reserves Near $27 Billion
Pakistan’s total liquid foreign exchange reserves increased by $65.9 million to $26.863 billion in the week ended October 9, 2026, according to the State Bank…
PSX Gains 769 Points as KSE-100 Extends Rally for Second Session
The Pakistan Stock Exchange (PSX) continued its upward momentum on Thursday, with the benchmark KSE-100 Index gaining 768.65 points, or 0.46%, to close at 166,186.16…
World Bank’s $70 Million Connected Punjab Programme Faces Regulatory Delays
Punjab’s $70 million Connected Punjab programme faces a series of regulatory and institutional requirements, including new artificial intelligence (AI) oversight, data protection and cybersecurity frameworks,…
FIA Arrests Four in Karachi Over Illegal Currency Dealing
The Commercial Banking Circle (CBC) of the Federal Investigation Agency (FIA) has arrested four suspects in Karachi for alleged illegal currency dealing, media reported on…
Textile Mills Seek 50 MW of Cheap Electricity from Punjab Government
The All Pakistan Textile Mills Association (APTMA) has expressed interest in purchasing 25 to 50 megawatts (MW) of electricity from the Punjab government to reduce…
Meezan Bank Moves 7.5 Million Cards to New SmartVista Payments Platform
Meezan Bank (PSX: MEBL) just took a major step in upgrading its digital banking infrastructure. Meezan Bank successfully migrated its entire payments business to BPC’s…
Gold Prices Remain Stable While Silver Drops Today
Stalled US-Iran negotiations are currently driving significant volatility in precious metals. President Trump recently demanded historical conflict compensation from Tehran. This demand effectively freezes ongoing…
Rs750 Prize Bond Draw Result Announced for October 15, 2026
The National Savings Pakistan has announced the result of the Rs750 Prize Bond draw for October 2026. According to officials, Draw No. 108 was held…
FBR Falls Far Short of Target for Small Traders Tax Scheme
The Federal Board of Revenue (FBR) has received only 130 income tax returns under its special scheme for small traders and shopkeepers, far below the…
Pakistan’s Foreign Currency Deposits Rise by $31 Million in September
Foreign currency deposits in Pakistan increased by $31.31 million, or 0.45%, to $6.966 billion in September 2026, compared with $6.935 billion in August, according to…
FBR Rules Out Outsourcing Tax Collection Offices
Federal Board of Revenue (FBR) Chairman Rashid Langrial has ruled out outsourcing the board’s field offices to private companies for tax collection, according to sources.…


























