The federal government has set an audacious Rs. 14.2 trillion tax collection target for the Revenue Division in the budget… Read More
Govt to Impose 5% Tax on Local and International Tech Companies Generating Revenues in Pakistan
The federal government is introducing the “Digital Presence” Proceeds Levy Act, 2025, which imposes a new tax on foreign vendors… Read More
FBR to Abolish 4% Further Sales Tax to Bring Unregistered Dealers, Wholesalers & Retailers Under Tax Net
The Federal Board of Revenue (FBR) has proposed abolishing the 4 percent “further sales tax” currently imposed on supplies made… Read More
Govt to Crush Non-Filers Even Harder in Budget
The upcoming Pakistan Budget for fiscal year 2025–26 is expected to introduce sweeping reforms targeting tax evasion and non-filers, official… Read More
Pakistan Allocated 0.9% of GDP to Health in FY2024-25
Pakistan’s public health spending remains critically low, with the government allocating just 0.9% of GDP, amounting to Rs. 924.9 billion,… Read More
PIA Revenue Falls 16% in FY2024-25
Pakistan International Airlines (PIA) reported a 16.8% decline in operating revenue for the calendar year 2024, with earnings falling to… Read More
Govt Allocated Rs. 61.1 Billion to HEC in FY 2024-25
The Federal Government allocated Rs. 61.12 billion to the Higher Education Commission (HEC) for the implementation of 159 development projects… Read More
Pakistan Spends Less Than 1% of GDP on Education
Pakistan’s investment in education continues to lag behind international standards, with cumulative education expenditures by the federal and provincial governments… Read More
Enrollment in Universities Decreases by 13%
University enrollment in Pakistan has seen a significant decline, according to the Economic Survey 2024-25 released just ahead of the… Read More
Services Sector Overtakes Agriculture as Main Driver of Economic Growth in FY25
Pakistan’s economy has experienced a notable realignment in its growth dynamics during the fiscal year 2024-25 (FY2025), according to the… Read More
Pakistan’s Cash in Circulation Jumps by Rs. 1.1 Trillion in 2024-25
Pakistan’s Currency in Circulation (CIC) increased by Rs 1,108 billion (12.1 percent) during July-March FY 2024-25 compared to a decrease… Read More
Govt Reveals Gap Between Male and Female Literacy Rates
Pakistan’s national literacy rate has touched 61%, according to the Economic Survey 2024-25, released ahead of the federal budget. The… Read More
