Pakistan’s Real Effective Exchange Rate (REER) continued to drop in May 2025, according to the latest data issued by the… Read More
Pakistan’s Current Account Posts $103 Million Deficit in May 2025
Pakistan’s current account balance posted a deficit of $103 million in May 2025, down 56 percent compared to a deficit… Read More
Only 12 Pakistanis Have Declared Assets of Over Rs. 10 Billion: FBR Chairman
In a startling revelation before the National Assembly’s Standing Committee on Finance, Chairman of the Federal Board of Revenue (FBR),… Read More
Pakistan’s Large-Scale Manufacturing Output Grows By 2.3% in April 2025
Pakistan’s Large Scale Manufacturing Industries (LSMI) output witnessed an increase of 2.3 percent YoY during April 2025 while on a… Read More
SBP to Post Rs. 2.4 Trillion Profit This Fiscal Year: SBP Governor
The State Bank of Pakistan (SBP) expects to post Rs. 2.4 trillion in profit for FY25, matching the government’s target… Read More
US, Pakistan Agree to Speed Up Tariff Negotiations
Further to Pak-US negotiations on US Reciprocal Tariffs, a virtual meeting took place between Muhammad Aurangzeb, Pakistan’s Finance Minister, and… Read More
Govt Limits FBR Powers to Make Arrests in Tax Fraud Cases
The federal government has agreed to relax stringent provisions on tax fraud punishment in the Finance Bill 2025 after strong… Read More
Budget FY26: Govt to Impose Higher Tax on Cash on Delivery
The federal government has revised and simplified the proposed income tax on cash-on-delivery (COD) payments by making it higher than… Read More
Senate Warns FBR to Stop Entering Provincial Tax Domain or Face Consequences
The Senate Standing Committee on Finance and Revenue has issued a stern warning to the Federal Board of Revenue (FBR)… Read More
Cabinet Approves New Honorarium Policy for Civil Servants
The federal cabinet Monday approved a new honorarium policy for civil servants, granting discretionary powers to the finance minister for… Read More
Chinese Firm Interested in Setting up Dubai’s Dragon Mart-Style Mall in Pakistan
A high-level Chinese business delegation, led by Yao Yu, CEO of DongKai International Investment and representing a consortium of leading… Read More
Govt Likely to Offer Rs. 50,000 Subsidy on Electric Motorcycles
A high-level meeting was chaired by Special Assistant to the Prime Minister for Industries and Production Haroon Akhtar Khan to… Read More
