Exclusive

Publication

Byline

FTO rules tax recovery under Section 175C without due process illegalPublished on: June 3, 2026 3:49 AM

Pakistan, June 3 -- The Federal Tax Ombudsman (FTO) has held that obtaining tax deposits from taxpayers during proceedings under Section 175C of the Income Tax Ordinance, 2001, without subsequently de... Read More


Minister greenlights 172km motorway linking Mansehra to Kaghan, ChilasPublished on: June 3, 2026 3:49 AM

Pakistan, June 3 -- Federal Minister for Communications Aleem Khan on Tuesday approved the construction of a new, state-of-the-art motorway via Mansehra, Kaghan, Naran, Jhal Khand, and Chilas (MNJC) t... Read More


Pakistan needs smart taxation to promote innovation and rural economy: ministerPublished on: June 3, 2026 3:49 AM

Pakistan, June 3 -- Minister for National Food Security & Research, Rana Tanveer Hussain on Tuesday said that Pakistan needed smart taxation in order to promote nutrition, innovation and rural economy... Read More


Govt to streamline regulations for imports of semiconductor equipmentPublished on: June 3, 2026 3:47 AM

Pakistan, June 3 -- The government will streamline import procedures for extreme ultraviolet (EUV), key equipment used for semiconductor manufacturing, as part of a broader effort to help the booming ... Read More


Gold prices increase by Rs 4,600 per tolaPublished on: June 3, 2026 3:46 AM

Pakistan, June 3 -- The prices of gold registered a sharp increase in the local market on Tuesday, with 24 karat gold per tola gaining Rs 4,600 to settle at Rs 476,362 compared to Rs 471,762 on the pr... Read More


Rupee gains one paisa against dollarPublished on: June 3, 2026 3:46 AM

Pakistan, June 3 -- The Rupee on Tuesday appreciated by 01 paisa against the US Dollar in interbank trading and closed at Rs 278.46 compared to the previous day's closing of Rs 278.47. According to th... Read More


US weighs new tariffs on major trading partnersPublished on: June 3, 2026 3:45 PM

Pakistan, June 3 -- The United States (US) is considering imposing additional import tariffs of at least 10 per cent on a range of major trading partners as part of a broader effort to address concern... Read More


Record 415 firms incorporated in a day as registrations reach 3,161Published on: June 3, 2026 3:44 AM

Pakistan, June 3 -- The Securities and Exchange Commission of Pakistan (SECP) registered 3,161 new companies during May 2026, reflecting continued growth and increasing confidence in the country's cor... Read More


PSX turns bullish, gains over 421 pointsPublished on: June 3, 2026 3:43 AM

Pakistan, June 3 -- The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Tuesday, gaining 421.57 points, a positive change of 0.25 percent, closing at 171... Read More


China, FAO facilitate capacity building for Pakistani delegation in marine sustainabilityPublished on: June 3, 2026 3:43 AM

Pakistan, June 3 -- The Food and Agriculture Organisation of the United Nations (FAO) in Pakistan, with the support of the Embassy of the People's Republic of China in Pakistan, has facilitated the pa... Read More