The number of income tax return filers has crossed over 4 million for the tax year 2024 up to October… Read More
IMF Flags Dangerous Risks in Govt’s Growing Dependence on Banks, SBP for Liquidity
The International Monetary Fund (IMF) has warned about the “complex tripartite relationship” between the federal government, commercial banks and the… Read More
Govt to Hike SBP Policy Rate in Case of High Inflation, External Pressures
The government has committed to the International Monetary Fund (IMF) to increase the policy rate if new inflationary pressures emerge… Read More
Govt to Publicly Reveal Assets of Bureaucrats and Officers Via New FBR Portal
The government has assured the International Monetary Fund (IMF) that asset declarations of high-level public officials (BPS 17-22) (including domestic… Read More
Rupee Halts 4-Day Losing Streak Against US Dollar to End Big Week
The Pakistani rupee (PKR) posted small gains to end big week against the US Dollar (USD) after opening trade at… Read More
Share of Digital Payments in Retail Space Hits 84%
The State Bank of Pakistan (SBP) has released its annual report highlighting the significant advancements in the national payment ecosystem… Read More
PSO Likely Beneficiary of Ongoing HUBCO Contract Termination
The ongoing premature termination of the Hub Power Company Limited’s (PSX: HUBC) contract with the federal government will likely help… Read More
Govt Assures IMF It Will Start Taxing Agriculture Income By July 2025
The government has assured the International Monetary Fund (IMF) that provinces will start collection of Agriculture Income Tax (AIT) by… Read More
FBR Unearths Rs. 3.4 Trillion Tax Fraud in Manufacturing Industry
The Finance Minister along with the Minister of State for Revenue and Chairman FBR conducted a press conference to brief… Read More
PKR Declines 4th Day in a Row Against US Dollar Despite Saudi News
The Pakistani rupee (PKR) posted small losses 4th day in a row against the US Dollar (USD) after opening trade… Read More
High Electricity Prices is Mostly Harming Poor People in Pakistan: World Bank
The World Bank revealed that high energy prices in Pakistan disproportionately impact the poor, as only 55 percent of electricity… Read More
World Bank Forecasts Pakistan’s GDP to Grow By 2.8% in FY25
The World Bank has estimated Pakistan’s GDP growth at 2.8 percent in fiscal year 2025 against 2.5 percent in 2024,… Read More
