ATIR declares FBR’s IRIS notices invalid, says only email or fax legally acceptable
In a significant ruling, the Appellate Tribunal Inland Revenue (ATIR) Islamabad has held that notices served through the FBR’s IRIS system are not legally…
Browsing Category
Pakistan
Pakistan News – Latest updates, local stories, and developments from all provinces and cities across the country
Pakistan reduces CPEC dues with Rs100 billion payout to Chinese power firms
In a major financial development ahead of Prime Minister Shehbaz Sharif’s visit to China, Pakistan has cleared over Rs100 billion in overdue payments to Chinese…
PAC reveals 1,000 laptops missing from Prime Minister’s laptop scheme
The Public Accounts Committee’s (PAC) subcommittee has uncovered serious mismanagement in the Prime Minister’s Laptop Scheme (Phase-II), reporting that over…
New toll tax rates announced for Lahore–Islamabad Motorway (M2)
The National Highway Authority (NHA) has issued a notification revising toll tax rates for the Lahore–Islamabad (M2) Motorway. The updated rates will apply from…
Punjab tops provincial borrowing with Rs. 405 billion loan spree
In just over a month, Punjab has borrowed a staggering Rs. 405 billion from the State Bank of Pakistan (SBP), making it the largest provincial borrower in the…
Karachi’s Rs68.9 billion Lyari elevated freight corridor shelved over financial unviability
Karachi/Islamabad: The National Highways Authority (NHA) has shelved the Rs68.9 billion Lyari Elevated Freight Corridor project, declaring it financially…
‘Nusuk Umrah’ platform launched to allow direct online visa applications
In a major step to ease Umrah travel, Saudi Arabia has launched the “Nusuk Umrah” platform, enabling Muslims worldwide to apply directly for Umrah visas online…
Auditor General reveals Rs790bn tax shortfall, exposing cracks in Pakistan’s fiscal system
ISLAMABAD – A damning Auditor General of Pakistan report for FY2024-25 has revealed a Rs789.92 billion tax gap, exposing deep-rooted weaknesses in tax…
LDA to spend Rs. 20 billion on Lahore road upgrades to ease traffic
Lahore – In a big step toward improving city infrastructure, the Punjab government has earmarked Rs. 20 billion for new road construction and upgrades across…
Rs. 2.87 billion relief package approved for Pakistan Steel Mills workers
Islamabad – Bringing long-awaited relief to thousands of families, the federal government has approved the release of Rs. 2.87 billion to clear dues of Pakistan…