ISLAMABAD/PESHAWAR: Khyber Pakhtunkhwa has received Rs799.359 billion under the additional 1% war-on-terror share from 2010-11 to September 2026, according to official documents. The funds are provided to compensate the province for economic, infrastructure and other financial losses linked to terrorism and the security challenges faced by the province. KP receives additional 1% share Under the…
The Federal Board of Revenue (FBR) has extended the deadline for filing income tax returns for Tax Year 2026 to October 15, 2026. The original deadline for taxpayers required to submit their income tax returns was September 30, 2026. The extension was announced by the FBR following requests from various trade organisations and tax bar…
Federal authorities have intensified investigations into alleged economic offences, with separate cases being pursued by the Federal Investigation Agency (FIA), Federal Board of Revenue (FBR) and Pakistan Customs in Gujranwala and Karachi. In Gujranwala, FIA sources said Haji Amjad Saleem Butt, who is associated with the currency exchange business, has been taken into custody in…
ISLAMABAD: Punjab has the largest reported sugar stock among the three provinces for which figures were presented to the Federal Board of Revenue (FBR), with more than 1.58 million metric tonnes available as of Friday, September 4. According to figures presented to FBR Chairman Rashid Mahmood Langrial, Punjab had 1,588,542 metric tonnes of sugar in…
The Government of Pakistan has announced a major step towards transparency by deciding to publish asset declarations of civil servants in a redacted form. This development comes as part of broader governance reforms linked to commitments made under the International Monetary Fund (IMF) programme. During a meeting of the Senate Standing Committee on Finance and…
