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…

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…