Shoaib Nizami
- Indexed articles, last 90 days
- 41
- Latest publication
- Oct 2, 2026
- Outlet visibility, for Arynews
- Top 500K sites
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- Jul 14, 2026
Latest articles
Pakistan, IMF talks on new auto policy remain 'inconclusive' (opens the original)
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ISLAMABAD: Talks between the Pakistan government and the International Monetary Fund (IMF) on the new auto policy remained inconclusive, ARY News reported on Friday, citing sources. The Pakistan-IMF talks cover a review of Islamabad’s 37-month, $7 billion Extended Fund Facility (EFF), approved in Sept. 2024, and a separate review of a $1.4 billion Resilience and Sustainability Facility (RSF). A successful review of the EFF could unlock about $1 billion for Pakistan, while the RSF review could re
Electricity per unit sales tax rates revised for steel sector (opens the original)
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The Federal Board of Revenue (FBR) has announced new sales tax rates for the steel sector, with manufacturers set to pay up to Rs.30 per unit of electricity consumed. The FBR has formally notified amendments to SRO 1245, setting out revised rates for different categories of steel manufacturers. Under the new rates, rerollers producing steel bars from imported or locally sourced raw materials will pay Rs. 30 in sales tax for every unit of electricity consumed. Units using locally sourced re-melta
Income tax filing deadline ends today across Pakistan (opens the original)
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The deadline for filing income tax returns expires today, September 30, with taxpayers facing higher penalties from October 1 if they fail to submit their returns. According to details, individuals who do not file their income tax returns by the deadline could face a penalty of up to Rs25,000, compared with the existing fine of Rs1,000. Penalties for businesses and companies are also expected to increase after the deadline. Certain associations and single-member companies could face higher fines
FBR 'warns of penalties' for income tax filings after September 30 (opens the original)
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ISLAMABAD: Taxpayers filing income tax returns after September 30 will face significantly higher penalties in Pakistan, ARY News reported on Tuesday, citing Federal Board of Revenue (FBR) sources. From October 1, the existing “late filer” category will be discontinued, with taxpayers who fail to file their returns within the deadline being classified as non-filers, sources said. According to FBR sources, late-payment and other penalties applicable to non-filers will be substantially higher. Taxp
Pakistan exceeds petroleum levy target by Rs99bn by June 2026 (opens the original)
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ISLAMABAD: Negotiations between Pakistan’s Ministry of Finance and the International Monetary Fund (IMF) are set to begin on Monday and are expected to continue until October 7, sources told ARY News. According to sources, special sessions on the petroleum levy will be held with the IMF during the talks. The fourth review of the performance under the existing loan programme will be conducted during the first week, sources said. The IMF delegation will also meet Finance Minister Muhammad Aurangze
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