Pakistan is trying to get a $3.3 billion loan from Chinese banks, including a $2 billion syndicated loan and a… Read More
Gold Price in Pakistan Continues to Decline 7th Day in a Row
The price of 24 karat per tola gold decreased by Rs. 300 and was traded at Rs. 358,165 on Monday… Read More
Pace Pakistan Limited to Sell Key Assets in Major Restructuring Plan
Pace (Pakistan) Limited has announced a sweeping restructuring plan that includes asset disinvestments, major equity issuances, and the acquisition of… Read More
Petrol is Getting a Huge Price Increase Soon
High Speed Diesel (HSD) and Motor Spirit (MS) Petrol may rise by Rs. 27/liter and Rs. 21/liter amid regional tensions,… Read More
Govt Eases Transaction Ban for Undeclared Asset Holders Ahead of Budget
The federal government has eased restrictions on high-value purchases by individuals with undeclared assets. The National Assembly Standing Committee on… Read More
E-Commerce Industry Urges Govt to Rework Harsh Tax Measures in Budget
The Chainstore Association of Pakistan (CAP) and the Pakistan E-Commerce Association (PEA), together with a broad coalition of e-commerce stakeholders—including… Read More
IMF Allows Import of 5 Year Old Used Vehicles
The International Monetary Fund (IMF) has approved the federal government’s proposal to allow the commercial import of five-year-old vehicles starting… Read More
FBR Pushes to Cancel Banks’ Special Tax Privileges in Budget
The Federal Board of Revenue (FBR) has recommended abolishing the Seventh Schedule of the Income Tax Ordinance 2001 to shift… Read More
Govt Eyes Rs. 30 Billion Extra Taxes Before Approving New Budget
The federal government is considering either imposing additional taxes of Rs. 30 billion or making equivalent spending cuts to ensure… Read More
Pakistanis May Soon Need Eligibility Certificate Before Buying Property, Cars
The Federal Board of Revenue (FBR) is likely to add a separate ‘Certificate of Eligibility’ tab on IRIS, as per… Read More
Senate Panel Rejects ‘Unconstitutional’ Carbon Levy on Petrol, Diesel
The Senate Standing Committee on Finance on Thursday decisively rejected the federal government’s proposal in the Finance Bill 2025 to… Read More
No More Free Ride: Online Academies, Teachers to Face Tax Under New FBR Plan
The federal government has approved a proposal to tax online private educational institutions and academies. The Federal Board of Revenue… Read More
