Business Recorder

Provision of tax documents to taxpayers: FBR moves President against FTO’s order

ISLAMABAD: The Federal Board of Revenue (FBR) has challenged the landmark order of the Federal Tax Ombudsman (FTO) before the President, seeking to overturn directions requiring the tax department to provide order sheet entries and related tax doc…

#FBR #FTO

Business Recorder

Sindh decries water shortages

KARACHI: The Sindh Government has strongly protested against the persistent water shortage in the province and the alleged unfair treatment to Sindh by IRSA. Sindh Senior Minister Sharjeel Inam Memon claimed that IRSA’s recent conduct is contrary …

#Sindh #WaterShortages

Business Recorder

US says three killed in ‘narco’ boat strike

WASHINGTON: The US military conducted a lethal strike on a boat in the Eastern Pacific on Saturday, killing three men, officials said. The latest attack brings the total number of those killed to over 200 — according to an AFP tally — since the Tr…

#US #NarcoBoat

Business Recorder

Upcoming budgets: PUASA urges federal, Punjab govts to prioritise higher education sector

LAHORE: The President of the Punjab University Academic Staff Association (PUASA), Prof Dr Amjad Abbas Khan Magsi, has urged the federal government and the Punjab government to prioritise the crisis-ridden higher education sector in the upcoming F…

#Budget #Punjab #HigherEducation

Business Recorder

8pm market closure cuts retailers’ revenues by 10 to 40pc

LAHORE: Pakistan’s government-imposed 8pm market closure mandate during Eid-ul-Azha 2026 cost retailers across the country between 10 and 40 percent of their projected revenues, according to a structured survey of 43 Chain Store Association of Pak…

#MarketClosure

Business Recorder

Bilawal revises GB campaign schedule

KARACHI: Pakistan Peoples Party Chairman Bilawal Bhutto-Zardari has revised his campaign schedule for the upcoming Gilgit-Baltistan elections, with a planned public gathering in Khaplu cancelled and several campaign events rescheduled. According t…

#Bilawal #GB

Business Recorder

Water scarcity imposes social, economic burden on residents: PDP

KARACHI: Water scarcity has emerged as one of the most serious challenges confronting Karachi, affecting millions of households and imposing a growing social and economic burden on the megacity’s residents, said Pasban Democratic Party (PDP) Chair…

#WaterScarcity #PDP

Business Recorder

Rethinking juice taxation

The government’s reported move to consider reducing or abolishing FED on fruit juices in the upcoming budget is a welcome rethink. Budget makers are reportedly reviewing a proposal for zero or reduced FED on juices with no added sucrose or white s…

#JuiceTaxation

Business Recorder

Budget FY27: Carrots fade

Earlier, expectations were building around some relief in the budget and a possible transition from stabilization to growth. Formal businesses and employees kept highlighting the unfairly high taxation on them — and rightly so — while real estate …

#BudgetFY27

Business Recorder

Tribal districts: KP to tag funds for better power supply

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has decided to allocate billions of rupees in budget of the next fiscal year to improve the electricity supply system in the merged tribal districts of Khyber Pakhtunkhwa. The purpose is to…

#TribalDistricts #KPK