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The banking sector’s next test

EDITORIAL: The SBP governor’s recent call for banks to re-orient their business models towards stronger retail deposit mobilisation and greater private sector financing deserves serious attention. Addressing the Pakistan Banking Awards ceremony last week, he rightly noted that although the economy has reached the much-needed state of…

Aurangzeb says successful Eurobond launch reflects investors’ trust

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Thursday chaired the second meeting of the Committee constituted to develop a National Private Equity Policy Framework, aimed at strengthening Pakistan’s private equity ecosystem and facilitating greater mobilisation of domestic and international long-term…

FBR notifies amended income tax return form

ISLAMABAD: The Federal Board of Revenue (FBR) has notified the amended income tax return form for tax year 2026. According to an SRO.1495(I)/2026 issued by the FBR on Thursday, the FBR has amended Income Tax Rules, 2002. In the aforesaid Rules in the Second Schedule, after Part-II-ZD, the following new Pan-ll-ZE.

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