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Govt Finalizing Petroleum Sector Reforms to Ease Financial Distress

ISLAMABAD: The government is finalizing its proposals for structural reforms in the petroleum sector, with the aim of steering it out of financial difficulties. Key measures under consideration include renegotiating LNG contracts, addressing the massive circular debt in the gas sector, cutting down excessive port charges, utilizing surplus RLNG, and

FBR Extends Sales Tax Return Filing Deadline

ISLAMABAD: Federal Board of Revenue (FBR) has extended date for filing of monthly sales tax return for the tax period of July 2025 up to August 26, 2025. Read More: https://epaper.brecorder.com/2025/08/23/1-page/1062911-news.html

PKR Posts Marginal Gain Against Dollar

KARACHI: The Pakistani rupee posted a slight uptick against the US dollar in the inter-bank market on Friday, appreciating by 0.01%. By the day’s close, the rupee ended at 281.90, up by Re0.02 against the greenback. This marked the local currency’s eleventh straight session of gains against the dollar. Read

Rupee Extends Gains

KARACHI: The Pakistani rupee extended its upward momentum against the US dollar, recording a slight appreciation of 0.01 percent in the inter-bank market on Thursday. By the day’s close, the rupee stood at 281.92, up by Re0.03 against the dollar, marking its tenth consecutive gain. A day earlier, on Wednesday,

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