According to Dawn, Pakistan's Supreme Court declared on Monday that penalties under the Income Tax Ordinance (ITO) 2001 cannot be applied retrospectively to assessments completed before June 30, 2002.
Overseas Pakistani workers' remittances reportedly rose in the first month of the current fiscal year, exceeding government expectations.
Pakistan's federal cabinet, chaired by Prime Minister Muhammad Shehbaz Sharif, reportedly approved the National Housing Policy 2026 and the Pakistan Information Security Framework 2026.
Legal teams are reportedly close to resolving the issue concerning the notification of judicial appointments, according to sources privy to the development.
