NBP Profit Falls 24% to Rs32.84 Billion in First Half of 2026
National Bank of Pakistan reports a 24% decline in profit after tax to Rs32.84 billion in the first half of 2026 as income falls and provisions increase.
FBR Amends Banking Schedule to Streamline Taxable Income Reporting for Banks
The Federal Board of Revenue (FBR) has amended the banking schedule of the Income Tax Ordinance 2001 to align banking income with taxable income, introducing provisions on rental expenses, bad debts, and compliance requirements effective July 1, 2025.