Business

ISLAMABAD (Kashmir English): The federal government on Wednesday reduced petrol and diesel prices for October 1, a day after a similar decision was taken. According to the notification issued by the Petroleum Division, the price of petrol was decreased by Rs 0.14 per liter and high-speed diesel (HSD) by Rs 1.89 per liter. “The Oil

ISLAMABAD (Kashmir English): The Federal Board of Revenue (FBR) on Wednesday extended the date for filing income tax returns for the tax year 2026 till October 15, following requests from traders. The notification stated that “the date of filing of income tax returns for the persons who are required to file their returns by September

ISLAMABAD (Kashmir English): Pakistan’s commercial banks will extend their working hours until 10:00 PM today, Wednesday, September 30, 2026, to facilitate taxpayers in making over-the-counter payments of government duties and taxes before the deadline. The State Bank of Pakistan (SBP) issued the directive following a request from the Federal Board of Revenue (FBR). Under the

ISLAMABAD (Kashmir English): Consumers in Pakistan are receiving significant relief on hybrid car prices following the government’s decision to reduce the General Sales Tax (GST) on vehicles from 25% to 18%. The tax reduction came into effect on September 13, 2026, while vehicle assemblers began announcing revised prices in the following weeks. Honda HR-V Gets

ISLAMABAD (Kashmir English): The deadline for filing income tax returns for the tax year is set to expire today, September 30, with taxpayers facing stricter penalties for delayed filing from October 1. According to media reports, the government has proposed abolishing the “late filer” category nationwide, meaning taxpayers who miss the deadline could face higher

ISLAMABAD (Kashmir English): The Cabinet Committee on Sugar Exports met under the chairmanship of Deputy Prime Minister and Foreign Minister Senator Ishaq Dar and finalized the modalities for exporting 200,000 metric tons of sugar. The meeting also approved the formation of a monitoring committee to oversee sugar prices regularly. The Deputy Prime Minister and Foreign

MUZAFFARABAD (Kashmir English): The Central Board of Revenue (CBR) of Azad Jammu and Kashmir on Tuesday extended the date for filing income tax returns for the tax year 2025-26 till November 30. According to the notification, the “President of Azad Kashmir has been pleased to accord approval to extend the date of filing of Income