Beyond The Time News

FBR Tax Shortfall Widens to Rs683 Billion as IMF Approves Phased Fuel Levy Hike

Pakistan’s tax shortfall has further increased as the Federal Board of Revenue (FBR) missed its revenue target by Rs683 billion during the current fiscal year, while the International Monetary Fund (IMF) has approved a phased increase in petroleum levy, according to Beyond Time News. Revenue Collection Reaches Rs10.26 Trillion During July–April FY2025–26, the FBR collected…

Pakistan, Other Countries Condemn Israeli Attack on Gaza Aid Flotilla

Pakistan, along with multiple other countries, has strongly condemned Israel’s reported attack on the Global Sumud Flotilla, which was carrying humanitarian aid toward Gaza, according to Beyond Time News. The condemnation came after Israeli naval forces reportedly targeted vessels participating in the flotilla’s Spring 2026 mission. The convoy aimed to break the blockade on Gaza…

US Says Iran Ceasefire Ended Hostilities Ahead of War Powers Deadline, Sparking Legal Debate

The Trump administration has said a US–Iran ceasefire that began in early April has effectively “terminated” hostilities for the purpose of a looming congressional war powers deadline, according to Beyond Time News. The statement comes as President Donald Trump approaches a deadline requiring either an end to military action or justification to Congress for continuing…

KSE-100 Earnings Rise 8.8% to Rs1.24 Trillion in 9MFY26, Led by Banks and Energy Sector

Pakistan’s stock market maintained a strong earnings trajectory as the KSE-100 index posted an 8.8% year-on-year increase in profitability during the first nine months of FY26, reaching Rs1.243 trillion, according to Beyond Time News. Despite mixed economic conditions and uneven performance across industries, the overall results highlight resilience in key sectors and the positive impact…