Public News Channel Business Recorder
Public News Channel-
Business Recorder
Auto policy without localisation meaningless: PAAPAM
LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has warned the government that ignoring localisation in the Auto Policy will badly hit the steel melting industry. In a statement on Monday, Chairman PAAPAM …
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Business Recorder
ITO does not independently authorise coercive recovery or collection of tax: FTO
ISLAMABAD: The Federal Tax Ombudsman (FTO) has conveyed to the Federal Board of Revenue (FBR) that investigative provisions of the Income Tax Ordinance do not independently authorise coercive recovery or collection of tax without determination of …
#FBR
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Business Recorder
Taxpayer harassment: ‘FBR officials systematically misuse powers’
ISLAMABAD: The Federal Board of Revenue (FBR) officials are systematically misusing the powers available under Section 175C of the Income Tax Ordinance, 2001 to harass taxpayers and extort money under the guise of monitoring proceedings,” said Wah…
#FBR
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Business Recorder
Auto policy: Striking the right balance
The Auto Policy 2026-31 is yet to be finalized, and every stakeholder is lobbying hard. Local assemblers want to preserve protection. Parts manufacturers are pushing for safeguards that support localization. Importers want lower barriers for compl…
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Business Recorder
Headline CPI inflation rose11.66 percent year-on-year in May, the highest in 24 months. Headline inflation stayed lower than market expectations, largely due to a bigger fall than anticipated in personal effects, detergents, footwearand fresh vege…
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Business Recorder
KARACHI: The weather report on Monday (June 01, 2026) and the forecast for Tuesday (June 02 2026). ================================================================== CITIES TODAY TOMORROW ===========================================================…
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Business Recorder
Trump says Iran truce talks moving at ‘rapid pace’ after Tehran threats
TEHRAN: US President Donald Trump said Iran talks were moving at a “rapid pace” despite the negotiations to end the Mideast war appearing in deep trouble on Monday, with Iran’s Revolutionary Guards warning of new fronts. Iran’s Tasnim news agency …
#IranNegotiation #Tehran
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Business Recorder
Anthropic confidentially files for US IPO, beating OpenAI
AI giant Anthropic has confidentially filed for a U.S. initial public offering, the company said on Monday, taking an early lead over rival OpenAI in a race that will define the future business shape of artificial intelligence. The move sets up a …
#Anthropic
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Business Recorder
Trump says Netanyahu agreed not to send troops to Beirut
WASHINGTON: US President Donald Trump said Monday he had persuaded Israel and Hezbollah to de-escalate, with Prime Minister Benjamin Netanyahu agreeing not to send troops to southern Beirut and the Lebanese group promising to stop attacks. “There …
#DonaldTrump #BenjaminNetanyahu #LebanonCeasefire
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Business Recorder
Pakistan, Iran FMs discuss regional situation, stress need to preserve ceasefire
Deputy Prime Minister and Foreign Minister Senator Ishaq Dar held a telephone conversation with Iranian Foreign Minister Seyed Abbas Araghchi on Monday to discuss the evolving regional situation and issues of mutual interest. The development comes…
#IranNegotiation #LebanonCeasefire
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