OpenAI Eyes Next Phase of Growth with Ambitious ChatGPT Transformation
Artificial intelligence company OpenAI is reportedly preparing a major upgrade to ChatGPT as it seeks to expand beyond its role as a conversational AI platform and build a more comprehensive digital ecosystem for users and businesses. According to recent reports, the company is developing significant changes that could transform ChatGPT into a multifunctional platform capable […]
FBR Announces Weekend Operations to Facilitate Tax Collection
The Federal Board of Revenue (FBR) has announced that its offices across Pakistan will remain open over the weekend on May 23 and 24, 2026, to support taxpayers and streamline the collection of taxes and duties. According to the announcement, all major tax offices, including Large Taxpayers’ Offices (LTOs), Medium Taxpayers’ Offices (MTOs), Corporate Tax […]
A New Push to Fix Pakistan’s Tax Dispute Maze
Pakistan is taking another shot at cleaning up one of its most persistent governance problems: the tax litigation system. Prime Minister Shehbaz Sharif has signed off on a reform package designed to make tax disputes faster to resolve, more transparent, and more accountable. For years, unresolved tax cases have clogged the system in Pakistan, tying […]
Pakistan Engages with US Over Labour Standards in Trade Review
Pakistan is currently presenting its position to the United States as part of a wide-ranging review of international trade practices tied to concerns about forced labour. The review, led by the US Trade Representative (USTR), covers dozens of countries and aims to assess whether proper systems are in place to prevent the import of goods […]
Pakistan–China Partnership Deepens with New Agreements in Infrastructure, Health, and Technology
Pakistan and China have once again reaffirmed the strength of their long-standing partnership by signing a series of new agreements during President Asif Ali Zardari’s recent visit to China. The visit holds added symbolic importance as the two nations celebrate 75 years of diplomatic relations—a milestone that reflects decades of strategic cooperation and mutual trust. […]
Pakistan’s Services Exports Rise Sharply, Led by Strong IT Sector Growth
Pakistan’s services sector has shown impressive growth in the ongoing fiscal year, highlighting a gradual but important shift in the country’s economic structure. According to recent official data, services exports increased by 18.38 percent during the first eight months of fiscal year 2026, reaching $6.46 billion compared to $5.46 billion in the same period last […]
Pakistan Opens the Door to Regulated Digital Assets with PVARA Sandbox
Pakistan has taken a notable step toward regulating the digital asset space. The Pakistan Virtual Assets Regulatory Authority (PVARA) has officially released its sandbox guidelines and invited applications for the first phase of issuing asset-referenced tokens under the newly enacted Virtual Assets Act, 2026. This development signals a shift from uncertainty to structured oversight, offering […]
LHC Draws the Line: Who Can Challenge FIA Actions?
The Lahore High Court (LHC) has delivered an important ruling that goes beyond a single tax refund scam and touches the heart of constitutional law, governance, and institutional accountability in Pakistan. In a recent judgment, the Court dismissed a writ petition filed by a former Member Operations (Inland Revenue) of the Federal Board of Revenue […]