The State Bank of Pakistan (SBP) is working on simplified digital payment packages and incentives for small businesses to accelerate… Read More
Govt Collects Rs. 15.5 Billion Excise Tax With Islamabad City App
The Islamabad City mobile application has enabled the Excise and Taxation Department of the Islamabad Capital Territory (ICT) to collect… Read More
Searle Appoints Tahir Ahmed as CEO
The Searle Company Limited (PSX: SEARL) has announced a leadership transition, appointing Tahir Ahmed as its new Chief Executive Officer… Read More
Microsoft Reportedly Exits Pakistan After 25 Years
Microsoft has reportedly closed its operations in Pakistan, marking the end of a 25-year chapter for the global tech giant… Read More
Industries to Collapse As Furnace Oil Will Now Become 80% More Expensive: OCAC
The Oil Companies Advisory Council (OCAC) has warned that new petroleum and climate support levies on furnace oil will increase… Read More
Govt to Revise Policy to Rescue $6 Billion in Refinery Upgrade Projects
The Petroleum Division will issue its final, non-extendable timelines to resolve a big sales tax exemption issue in order to… Read More
Salaried Class Paid Over Double the Tax of Exporters, Retailers Combined in FY25
The salaried class paid Rs. 545 billion in income tax in FY2024-25, more than double the combined Rs. 242 billion… Read More
Bunny’s Limited Begins Commercial Bread Production at New Islamabad Facility
Bunny’s Limited (PSX: BNL) has commenced commercial production at its newly established bread production line in the I-9 Industrial Area… Read More
Govt to Phase Out Remittance Incentives to Save Rs. 118 Billion
The federal government has decided to scale back remittance incentives offered to overseas Pakistanis from July 1, 2025, to reduce… Read More
IMF Denies Cheap Electricity Plan for Crypto Mining, Data Centers in Pakistan
The International Monetary Fund (IMF) has rejected Pakistan’s proposal to offer subsidized electricity rates to crypto mining, data centers, and… Read More
Pakistan’s Cement Exports Grow by Almost 30% in FY25
During the outgoing fiscal year (FY25) total cement dispatches rose by 2 percent year-on-year (YoY) to 46.22 million tons. The… Read More
Pakistan’s Foreign Reserves Increase by Over $5 Billion in FY25
The foreign exchange reserves held by the State Bank of Pakistan (SBP) stood at $14.51 billion as of June 30,… Read More
