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The Federal Tax Ombudsman has identified a systemic flaw in the FBR’s FASTER sales tax refund system and ordered immediate corrective action, Dawn Business reports

Profit jump fuelled largely by unknown US refund amount as Japanese video game firm records quarterly sales drop Nintendo has reported a jump in profits, as the Japanese game maker’s earnings were buoyed up by a long-awaited refund on Donal

Commercial entities can adjust their super tax liability against tax credits, rules is among the latest top updates found in Novexa News' active RSS feeds, and it has enough public interest to merit a fuller

The KP cabinet has approved draft notifications providing provincial sales-tax relief to businesses in Malakand and the former tribal districts.

BP placed its North Sea operation under review for a potential sale, arguing that another owner may be better positioned to invest in the mature UK portfolio.

The Islamabad High Court dismissed a petition filed by Meezan Bank challenging the constitutional validity of Section 4C of the Income Tax Ordinance 2001, upholding the levy of super tax on banks.

More than half of tariff income refunded after supreme court ruled Trump’s levies were illegal Business live – latest updates The Trump administration has refunded about $100bn from the tariffs it collected before the US supreme court ruled

Pakistan has asked Samsung to look beyond the local market and consider the country as a manufacturing and export hub, even as tax changes have squeezed phone competitiveness.

Yum Brands said Taco Bell traffic began recovering after a Cyclospora outbreak linked to contaminated shredded iceberg lettuce reduced US sales.

ISLAMABAD: A subcommittee of the Senate Standing Committee on Interior and Narcotics Control on Monday examined border security arrangements at major import entry points, concerns over possible tax evasion linked to

British retail sales volumes fell 0.5% in July after a stronger June, suggesting households paused spending as the World Cup and early-summer boost faded.

Powerball ticket sales began in the United Kingdom, giving players across the Atlantic a chance at winning the same massive jackpot that American players have played for years.

Britain is reconsidering its requirement that 80 percent of new cars sold in 2030 be zero-emission, with a lower target under discussion.

Pakistan’s automobile industry is facing fresh uncertainty after tariff changes under the government’s IMF-backed reform programme sharply reduced the gap between duties on imported fully built vehicles and locally

The betting platform Kalshi emerged as a dominant sports betting option during the World Cup, but the company avoids billions of dollars in taxes by insisting it is not a sports gambling operation.

Retailers across Great Britain have been ordered to stop selling single-use barbecues temporarily as drought and heat drive severe wildfire conditions.

Chief Minister Murad Ali Shah speaks to the media.—Dawn KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Tuesday announced the formation of a provincial water task force to assess shortages, treaty-related risks and

A canceled Air India journey became a costly reimbursement dispute after a traveler followed advice to arrange replacement flights on another airline.

Airline schedule cuts are reminding travelers to check routes, connection risk and refund rules before booking late-summer flights. It is the kind of update that people search for because it does not sit

Federation leaders are massing forces at the gates, but years after the first proposed selling off of its commercial legacy and the Qatar World Cup In recent decades the city of Salé, just across the river from Rabat on Morocco’s Atlantic c

The UK's possible cut to electric car sales targets has exposed pressure from automakers and reopened a wider fight over how quickly transport policy should move.

Tesla reached 10 million vehicles six years after its first million, but slower sales leave its next production target a substantial challenge.

Household energy bills in Great Britain are expected to rise to a three-year high this winter, with a forecast price-cap increase likely to cancel out the effect of VAT cuts on electricity bills

After IBM's stock fell on weaker mainframe sales, the company says AI spending is squeezing enterprise hardware budgets for now rather than replacing the