68 m. ago Tax revenue from electricity bills drops by Rs110 billion amid falling consumption

The Federal Board of Revenue (FBR) collected Rs490 billion in taxes through electricity bills in FY2024–25, marking a sharp decline of Rs110 billion compared to Rs600 billion collected in the previous fiscal year. This drop reflects changing energy consumption trends and slower economic activity. According to official sources, the decrease in tax revenue is largely […]

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48 h. ago PSB issues warning to federations over illegal extended tenures

Pakistan Sports Board (PSB) has taken strict notice of officials in several sports federations holding key positions beyond the allowed two terms. The PSB has sent warning letters to nine federations for violating the national sports policy, aiming to improve governance and encourage fresh leadership in sports bodies across the country. The national sports policy […]

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49 h. ago Mohsin Naqvi extends wishes to U.S., praises Trump’s role in global peace

Interior Minister Mohsin Naqvi extended warm congratulations to the American people and U.S. officials on the occasion of America’s 249th Independence Day. In his statement, he described the day as a powerful reminder of sacrifice, freedom, and democratic values. He emphasized that Pakistan joins the U.S. in celebrating the spirit of liberty and human dignity. […]

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50 h. ago PM Shehbaz slams Israeli strikes on Iran, stands firm with oppressed nations

Prime Minister Shehbaz Sharif has strongly condemned what he called “unjustified, illegal, and unnecessary Israeli aggression” against neighboring country Iran, during his address at the 17th Heads of State Summit of the Economic Cooperation Organization (ECO) held in Baku. He expressed deep sorrow over the civilian casualties caused by the Israeli strikes and extended condolences […]

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3 d. ago House republicans push Trump’s $4.5 trillion bill to brink of approval

WASHINGTON – House Republicans are racing to pass President Donald Trump’s massive $4.5 trillion tax and spending bill by the July 4 deadline. The final push came after overnight talks led by GOP leaders and Trump himself to win over hesitant lawmakers. The House began final debates in the early hours of Thursday following a […]

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3 d. ago Canadian dollars extends gains against Pak rupee – 3 July 2025

LAHORE – The buying rate of Canadian dollar further increased as it stood at Rs208.5 in open market of Pakistan

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3 d. ago ECP sets Aug 29 deadline for political parties’ annual account submissions

The Election Commission of Pakistan (ECP) on Wednesday reminded all the heads of Political Parties to submit their consolidated statements of accounts (Form-D) for financial year 2024-25 on or before August 29. “In terms of section 210 of the Elections Act, 2017 read with section 204 of the Act ibid and rule 159 & 160 […]

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3 d. ago FTT slams Rs400 billion illegal cigarette trade loss in Pakistan

ISLAMABAD – Pakistan is losing Rs400 billion every year due to the illegal cigarette trade, warned Fair Trade in Tobacco (FTT) Chairman Ameen Virk during a seminar in Islamabad. He described the issue as a “structural crisis”, not just minor tax leakage, and urged the Federal Board of Revenue (FBR) to maintain pressure on violators […]

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4 d. ago Inter Miami confident Lionel Messi will sign new deal beyond 2025

Inter Miami have started talks to extend Lionel Messi’s contract, aiming to keep the football legend in Major League Soccer beyond the current deal ending in December 2025. Club officials, MLS representatives, and Messi’s team are optimistic about reaching an agreement soon. Veteran transfer expert Fabrizio Romano also confirmed that Messi is open to staying […]

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4 d. ago Govt opens hajj 2026 registration, sets july 9 as final deadline

ISLAMABAD – The government has officially launched the mandatory registration process for Hajj 2026, setting July 9 as the final deadline for all intending pilgrims from Pakistan. According to the Ministry of Religious Affairs, applicants can register either through the dedicated online portal or by visiting any of the 15 designated banks nationwide. This step […]

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4 d. ago Bilawal reiterates offer for peace talks to India, urges neighbour to act on shared responsibility in counter

ISLAMABAD: Former foreign minister Bilawal Bhutto-Zardari on Wednesday again extended an olive branch to India, urging the neighboring country to forge a partnership with Pakistan to pursue peace and jointly combat terrorism. Speaking at the international conference titled “Pakistan Fighting War for the World against Terrorism” at the Islamabad Policy Research Institute, Bilawal emphasized that […]

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4 d. ago PM Shehbaz celebrates historic 42% tax revenue growth, pushes for digital reforms

ISLAMABAD – Prime Minister Shehbaz Sharif on Wednesday lauded the Ministry of Finance and the Federal Board of Revenue (FBR) for achieving a record 42% rise in federal tax revenue during FY 2024–25 — the highest in a decade. While chairing a high-level meeting to review FBR’s digitization and reform progress, the prime minister was […]

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4 d. ago House GOP pushes final vote on Trump’s tax bill amid criticism and tight deadline

WASHINGTON – House Republicans are rushing toward a final vote on President Donald Trump’s sweeping tax and spending package, aiming to meet his July 4 deadline despite rising tensions and tight numbers. The bill already passed the Senate by a narrow 51-50 vote, with Vice President JD Vance breaking the tie. House Speaker Mike Johnson […]

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4 d. ago Asian markets struggle as Trump tariff deadline and fed uncertainty rattle investors

Asian stock markets dipped on Wednesday as investors remained cautious ahead of U.S. President Donald Trump’s July 9 tariff deadline and amid growing uncertainty over interest rate cuts by the Federal Reserve. The dollar also stayed weak, hovering near its lowest point since early 2022. The MSCI Asia-Pacific index outside Japan slipped 0.23% in early […]

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4 d. ago BISE Lahore issues update on marking centres ahead of matric results 2025

LAHORE – In a bid to maintain transparency and ensure the integrity of the evaluation process, the Board of Intermediate

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4 d. ago Rs100 billion tax surge on imported goods sparks concern nationwide

Right after the new budget was rolled out, the government struck hard with over Rs100 billion in fresh taxes on thousands of imported items. The Federal Board of Revenue (FBR) quickly issued a series of Statutory Regulatory Orders (SROs), making these hikes effective immediately. This bold move aims to boost government revenue and narrow the […]

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5 d. ago Rashid Langrial: Fair tax collection, no room for officer misconduct

Islamabad, July 1, 2025: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has firmly stated that officers abusing their powers by harassing taxpayers or misusing their authority under the guise of oversight and reforms will not be pardoned. Speaking at a press conference, Langrial emphasized that every taxpayer is valuable, and the FBR’s role […]

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5 d. ago Cambridge grants free november resits after june exam breach

In response to recent exam paper leaks, Cambridge International Examinations (CIE) has announced that students affected by the compromised papers can resit those exams free of charge in the November 2025 session. This decision comes after widespread concern from students, parents, and educators over the integrity of the June 2025 examination series. CIE confirmed last […]

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5 d. ago Deadline for free vehicle emission tests extended till Aug 31

The Punjab government has extended free emission testing deadline again, till August 31, 2025. The Punjab government has approved an extension of the deadline for free vehicle emission testing, allowing citizens to benefit from this free service. Punjab Transport Department official sources told APP that the government is implementing a strict system of vehicle emission […]

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5 d. ago Media Matters for Democracy Launches ‘Sahafat.AI’  — A Groundbreaking Initiative to Integrate Artificial Intelligence in Pakistani Newsrooms

Islamabad, 30th June 2025 — Media Matters for Democracy (MMfD) is pleased to formally announce the launch of Sahafat. AI, a pioneering initiative aimed at transforming newsroom workflows in Pakistan through the responsible and context-specific integration of artificial intelligence (AI). This strategic programme represents a major advancement in MMfD’s ongoing mission to strengthen independent journalism […]

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