Total cement dispatches rose 7.21 percent to 50.52 million tons during fiscal year 2025-26, driven by robust domestic demand despite… Read More
Punjab Increases Restaurant Card Payment Tax
The Punjab Revenue Authority (PRA) has increased the Punjab Sales Tax rate on several service sectors from 5% to 8%,… Read More
US Court Declines TRG Request for Injunction
TRG Pakistan Limited has informed the Pakistan Stock Exchange (PSX) that a United States federal court has declined to grant… Read More
Tax Lawyers Urge FBR to Cancel Rs. 25,000 Surcharge on Late Filers
The Pakistan Tax Bar Association (PTBA) has asked the Federal Board of Revenue (FBR) to withdraw the requirement for taxpayers… Read More
Economy Is Stronger Even With $70 Billion Import Bill: SBP Governor
Pakistan’s economy is in a much stronger position despite imports climbing back to nearly $70 billion, a level last seen… Read More
Govt’s AI Decisions to Face Human Review Under New Policy
Pakistan has introduced a new governance framework that will require government departments using artificial intelligence (AI) to follow stricter transparency,… Read More
Pakistan Eyes S&P Ratings Upgrade For $2 Billion Bond Sale
Pakistan has formally approached S&P Global Ratings for a further upgrade in its sovereign credit rating as the government prepares… Read More
Solar Boom Forces Pakistan to Delay 3 Big Hydropower Projects
Pakistan is expected to delay three hydropower projects with a combined capacity of 1,832 megawatts (MW) after a surge in… Read More
Govt Drops ML-1 Railway Project From CPEC
The federal government has informed lawmakers that the Main Line-1 (ML-1) railway project is no longer part of the China-Pakistan… Read More
SBP Ends Remittance Incentive Schemes for Banks After IMF Pressure
The State Bank of Pakistan (SBP) has abolished two incentive schemes for banks linked to home remittances after their growing… Read More
Govt Approves Rs. 4.2 Billion Package to Shut Down PASSCO
The Economic Coordination Committee (ECC) has approved key measures to advance the winding up of the Pakistan Agricultural Storage and… Read More
Rice Exporters Get Major Relief as Govt Raises Export Incentive
The federal government has increased the Duty and Tax Remission for Exports (DLTL) incentive for non basmati rice exports from… Read More
