FBR recovers 23 billion rupees of banks in one day under the surprise tax – Trendy Blogger

FBR recovers 23 billion rupees of banks in one day under the surprise tax

 – Trendy Blogger

Islamabad: The Federal Revenue Council (FBR) of 23 billion rupees from 16 major banks in one day on February 21, 2025, following a ruling on the Supreme Court of Sind (SHC), which supported the surprise tax under Article 99 d of income tax decree, 2001. The decision represents a major step in the government’s strategy … Read more

Oil declines after a surprise increase in US gasoline inventories – Trendy Blogger

Oil declines after a surprise increase in US gasoline inventories

 – Trendy Blogger

Oil prices fell on Wednesday, as a surprisingly large increase in US gasoline inventories overshadowed easing supply concerns resulting from the ceasefire agreement between Israel and Hezbollah. Brent crude futures fell 12 cents, or 0.2%, to $723.69 a barrel by 10:40 a.m. EDT (1540 GMT), and US West Texas Intermediate crude fell 15 cents, or … Read more