The Finance Division has issued a notification enforcing strict austerity measures for FY2025–26, including a ban on car purchases, creation… Read More
CCP Launched 24 Inquiries Against Cartelization and Misleading Ads During FY25
To ensure fair business practices in markets, the Competition Commission of Pakistan (CCP) undertook robust enforcement measures in FY 2024–25,… Read More
Businesses Are Suffering Big Time After FBR Limits Cash Sales in Budget
The business community is facing serious problems in complying with a new income tax provision for disallowing 50 percent of… Read More
Pakistan Likely to Witness Record-Breaking Remittances in FY26: Exchange Companies
Pakistan is likely to witness record-breaking remittance inflows in FY2025-26, driven by a new incentive structure for foreign exchange companies,… Read More
SBP, ADB Launch $500 Million Loan Program for Pakistani Women
The State Bank of Pakistan (SBP), in collaboration with the Asian Development Bank (ADB), has formally launched the $500 million… Read More
Pakistan Secures Breakthrough US Tariff Deal Ahead of Deadline
Pakistan and the United States have reached a mutual understanding on a tariff framework that will prevent the re-imposition of… Read More
World Bank Approves $55 Million Funding for DISCOs
The World Bank has approved an additional $55 million in financing for Pakistan’s Electricity Distribution Efficiency Improvement Project. The approval… Read More
Pakistan’s Central Govt Debt Rises Above Rs. 76 Trillion
The total public debt stock of the federal government increased by 12.3 percent on a year-on-year (YoY) basis in May… Read More
Azerbaijan to Invest $2 Billion in Pakistan’s Economic Sector
Pakistan and Azerbaijan, in a major development on Friday, signed a partnership agreement for a $2 billion investment in Pakistan.… Read More
FBR Grants ‘Filer’ Status to Non-Filing Overseas Pakistanis to Buy Property
The non-filers or unregistered overseas Pakistanis have been given the status of “filer” for the deduction of withholding tax on… Read More
Rupee Marginally Recovers Against British Pound to End Tough Week
The Pakistani rupee (PKR) posted losses to end the week against the US Dollar (USD) but recovered further against the… Read More
Senate Panel Takes Notice of Alleged Multi-Billion Rupee Corruption in NHA Projects
The Senate Standing Committee on Communications has taken notice of alleged corruption amounting to billions of rupees in the National… Read More
