ISLAMABAD: The Federal Board of Revenue missed its revenue collection target by nearly Rs331 billion in the first half of 2025-26, driven by a fall in domestic sales tax and income tax collection. The FBR collected Rs6.159 trillion during July-December period against the target of Rs6.490tr. However, the collection is 10pc higher compared to the … Read more
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday launched the government’s Economic Governance Reforms, saying Pakistan had moved out of “economic firefighting” after two years of politically difficult decisions that, he claimed, restored macroeconomic stability, pushed inflation down to 4.5 per cent and lifted foreign exchange reserves to over $21 billion. Speaking at the launch ceremony, … Read more
Pakistan Super League (PSL) franchise Multan Sultans will be operated by the Pakistan Cricket Board (PCB) itself during the upcoming 11th edition of the tournament, the board’s chairman Mohsin Naqvi announced on Sunday. The decision comes amid a protracted dispute between the board and the franchise’s former owner, Ali Khan Tareen, whose agreement was not … Read more
All-rounder Shadab Khan has been recalled to Pakistan’s T20I set-up, while senior players Babar Azam and Shaheen Shah Afridi have been left out as the national selectors on Sunday announced a 15-member squad for next month’s three-match T20I series against Sri Lanka.The squad will be led by Salman Ali Agha, who enjoyed a heavy workload … Read more
The Election Commission of Pakistan (ECP) on Thursday said 446 lawmakers — including 125 members of the National Assembly — failed to submit their statements of assets and liabilities with the ECP by the due date — set at December 31. In a press release issued today, ECP notified the lawmakers who had missed the … Read more
Foreign Office (FO) spokesperson Tahir Hussain Andrabi said on Thursday that Islamabad and New Delhi exchanged the lists of their respective nuclear installations, continuing the annual practice under an agreement signed between the two nations in 1988. Under the Agreement on the Prohibition of Attacks against Nuclear Installations and Facilities, signed on December 31, 1988, … Read more