The Federal Board of Revenue (FBR) has twice extended the deadline for filing income tax returns this year from the original Sep 30 to Oct 30, ostensibly to facilitate taxpayers and improve compliance. There is little surprise in this; it has become an annual ritual. In the past, the FBR has continued granting extensions month after month throughout the year. That the first extension came just
Asian stocks surged and the dollar meandered on Monday as signs of easing trade tensions between China and the U.S. buoyed risk appetite, in a strong start to a week that will be headlined by central bank meetings and megacap earnings. Top Chinese and U.S. economic officials hashed out on Sunday the framework of a trade deal for U.S. President Donald Trump and his Chinese counterpart Xi Jinpin
MCB Islamic Bank has officially launched its all-new mobile banking application, “SUBUK”, marking a major milestone in the Bank’s digital transformation journey. Designed to redefine how customers experience Islamic banking, SUBUK offers enhanced convenience, reliability, and security empowering users to manage their finances seamlessly anytime, anywhere. Developed with a customer-first appr
The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has cautioned that Pakistan and Iran’s latest commitment to enhance border infrastructure and expand bilateral trade will remain largely symbolic unless both governments act decisively to remove deep-rooted trade barriers, complete the long-delayed Iran–Pakistan gas pipeline, and introduce genuine s
Gold prices fell on Monday, as a stronger dollar and signs of easing U.S.-China trade tensions weighed on the safe-haven metal, while investors awaited major central bank meetings due later this week for monetary policy cues. Spot gold was down 0.7% at $4,082.77 per ounce, as of 0158 GMT. U.S. gold futures for December delivery lost 1% to $4,095.80. The U.S. dollar rose to a more than two-we