World Bank Labels Pakistan’s Tax System “Unfair and Absurd” Urges Major Reforms
The World Bank has issued a scathing critique of Pakistan’s tax framework, describing it as “unfair and absurd” while calling
Govt to Abolish Over 30,000 Jobs Under Rightsizing Plan
The federal government has decided to eliminate 30,968 government positions across various departments as part of its comprehensive rightsizing initiative,
Hyundai Nishat Slapped With Rs. 25 Million Fine Over Deceptive Marketing at Tucson’s Launch
The Competition Commission of Pakistan (CCP) has cracked down on Nishat Hyundai Motors, slapping the auto giant with a Rs.
Gold Prices Soar to All-Time High in Pakistan, Reaching Rs. 348,000 Per Tola
Gold prices in Pakistan surged to an unprecedented high on Wednesday, with 24 karat per tola gold increasing by Rs.
Pakistan Seeks Tariff Relief by Boosting US Cotton and Soybean Purchases
Pakistan is preparing to increase its imports of US cotton and soybeans in an effort to reduce its bilateral trade
UBL Reports Record Quarterly Profit of Rs. 36 Billion in Q1 2025
United Bank Limited (UBL) has announced its highest-ever quarterly profit of Rs. 36 billion (EPS of Rs. 28.9) for the
Budget 2025-26: FBR Proposes Tax Breaks for Salaried Class Subject to IMF Approval
The Federal Board of Revenue (FBR) has proposed tax exemptions for low and middle-income salaried individuals in the upcoming federal
Pakistan’s Large-Scale Manufacturing Sector Contracts 1.9% in First Eight Months of FY25
Pakistan’s Large-Scale Manufacturing (LSM) sector has recorded a negative growth of 1.9 percent during the first eight months (July-February) of
Govt Again Increases Petroleum Levy Across the Board
The government has implemented an across-the-board increase in the petroleum levy charged on all petroleum products, official documents have revealed.
Govt to Abolish 3% FED on Property Sales
The federal government has decided to eliminate the 3 percent Federal Excise Duty (FED) on the first sale of all
