کاروبار

Pakistan Tax Bar Association requests December extension for income tax returns

Taxpayers face technical hurdles with the IRIS portal and incorrect minimum tax calculations despite a recent deadline extension to October 15.

Japan opens fully-funded master's scholarships for Pakistani government officers

The JDS Program 2026 provides financial support and tuition for officials to study public administration, finance, and climate policy in Japan.

State Bank of Pakistan top officials see 94 percent pay hike

The pay hike comes as the bank's reported profit declined by Rs. 507 billion and total staff salaries rose by Rs. 91.18 million in FY26.

Punjab approves Rs63 billion development projects for 2026-27 fiscal year

The funding targets infrastructure expansion, industrial sustainability, and youth engagement across the province.

Pakistan to spend over $1 billion on winter LNG imports

The plan includes 10 spot market cargoes costing $863 million, while term agreements with Qatar and Eni cover the remaining $429.83 million.

Attaullah Tarar names 11-member advisory council for Khyber Pakhtunkhwa Governor

The appointments come as the provincial government faces allegations of militant infiltration and a power-sharing deal with non-state actors.

Pakistan seeks energy security through new oil and gas deals with Libya and Qatar

The diplomatic push follows a 2026 global energy shock where Pakistan avoided rationing through regional cooperation and strategic reserves.

Pakistan faces EU carbon levy risks following $30 billion flood losses

D-8 reaffirms commitment to economic integration at OIC regional forum

The group aims to expand its preferential trade agreement and establish a permanent chamber of commerce in Istanbul to bolster member state economies.

Armed robbers hijack Karachi trailer on M-9 Motorway near Nooriabad incline

The Hyderabad Chamber of Small Traders and Small Industry warned that insecurity on the route could disrupt the regional commercial supply chain.

President Zardari receives credentials from Norway, Azerbaijan and Switzerland ambassadors-designate

The diplomatic meetings focused on expanding economic cooperation, climate action, and regional connectivity with the three European nations.

Rawalpindi Chamber of Commerce hosts session on property tax reforms and fees

The chamber urged the government to include trade representatives in grievance committees to ensure a fairer, business-friendly taxation mechanism.

Dar and Al Zayani discuss boosting Pakistan-Bahrain trade to $1 billion

Bahrain has recruited 1,800 Pakistani personnel, including 30 retired army officers, for the Bahrain National Guard.

Madrid tenants protest after María del Carmen Abascal's eviction highlights housing crisis

The incident, where an investment firm sought to raise rent by 230%, fuels wider concerns over Spain's soaring housing costs.

IMF proposes amending SOE laws for next billion-dollar loan tranche

The IMF requires legislative changes to state-owned enterprises before a potential board meeting in late November.

BMW unveils iX4 as third vehicle on Neue Klasse platform

The iX4 supports NACS charging and bidirectional capabilities, expanding its charging options.

CDA auctions seven petrol pump sites and five hotel plots next week

The auction details specify separate dates for the petrol pump sites and hotel plots, alongside payment structures for bidders.

Richard Yaffa launches A⁵ Media Group to build direct fan revenue streams

The new venture aims to move industry focus beyond mere reach metrics toward deep, revenue-generating fan relationships.

Senator Aurangzeb chairs committee reviewing power sector reforms and future needs

Discussions focused on integrating solar power, managing changing demand, and establishing clear rules for private investment.

ICCI-PBF France & Europe join hands boosting Pakistan trade and investment

The collaboration specifically targets sectors like luxury goods and infrastructure, beyond just tourism.

Banking system approves Rs 400 billion financing for affordable housing

The economy grew by 3.7 percent last year, and growth of more than 4 percent was expected this year.

Shell expects refineries to almost double profit from every barrel of fuel

Shell's gas production was cut by a third due to damage to a key gas processing facility in the Gulf from the Iran crisis.

Georgieva warns AI risks global inequality amid energy price pressures

The IMF chief stressed that managing AI's potential growth requires global cooperation to avoid widening economic gaps.

Spot gold rises to $4,163.16; Pakistani rupee closes at 277.05 against dollar

Local gold prices were Rs437,536 per tola and 10-gram gold was Rs375,116 on 2026-10-06.