ISLAMABAD: The Federal Board of Revenue (FBR) has introduced major changes in sales tax law through Finance Bill 2025 for the arrest of those involved in tax evasion or tax fraud. According to a statement issued by the FBR on Friday, Finance bill is currently being discussed in the National Assembly and among various business
Blockchain sleuth ZachXBT has accused Garden Finance, which brands itself as “the fastest Bitcoin bridge,” of facilitating the laundering of funds linked to major crypto thefts, including the Bybit hack. In a June 21 post on X, ZachXBT claimed that over 80% of Garden’s recent fee revenue stemmed from illicit transactions allegedly tied to the
NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (NASDAQ: LRFC) (“Logan Ridge” or “LRFC”) announced today that it obtained shareholder approval for the merger of LRFC with and into Portman Ridge Finance Corporation (NASDAQ: PTMN) (“Portman Ridge” or “PTMN”) following the special meeting of shareholders held on June 20, 2025. LRFC
On June 16, 2025, the Senate Committee on Finance released its initial version of revisions to the “One, Big, Beautiful Bill” the House of Representatives passed last month. Included in this proposed language (the Senate Proposal) are amendments regarding Qualified Opportunity Zone (QOZ) investments. Background Under current law, taxpayers can obtain the income tax benefits of the
The Federal Board of Revenue (FBR) on Friday said the Finance Bill 2025 was still being discussed in the National Assembly (NA) and among various business circles. The FBR’s statement comes as “a number of news stories in the digital and print media give the impression that some of the amendments introduced in the finance
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired a comprehensive Conclave with Principal Chief Commissioners, Chief Commissioners, and Director Generals of the Central Board of Indirect Taxes and Customs (CBIC) in New Delhi today. The meeting saw detailed presentations on the performance of CGST and Customs zones, highlighting progress and challenges across registration,
New York, USA, June 20, 2025 (GLOBE NEWSWIRE) — The leading global digital finance platform ideal-finance.com has announced deep strategic collaborations with several top international banks and multinational financial institutions to jointly promote the reconstruction of the global asset cross-border circulation system and establish a future-oriented digital asset clearing and compliance trading bridge. This collaboration
Gen-Z may not be the reckless generation that many see them to be. A recent Nielson-AngelOne report revealed that 93 per cent of young adults were consistent savers, with the majority saving 20 to 30 per cent of their monthly income. The financial habits of Gen-Z are a reflection of the world they grew up
Sundaram Finance (SF) on Friday announced the expansion of Sundaram Wealth as a dedicated wealth management offering. This positions the company to better serve sophisticated financial needs of Ultra High Net Worth Individuals, High Net Worth Individuals (HNI) and affluent families across India, a statement from SF said. The expanded offering will build upon the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US private capital group Apollo will provide £4.5bn in debt financing to support the UK’s Hinkley Point C nuclear power station, easing mounting financial pressure on the delayed and over-budget project. The investment-grade package will