Pakistan Spends Rs. 179 Billion on Tea Imports in FY25
Pakistan spent a staggering Rs. 179 billion on tea imports during the fiscal year 2024–25, according to official data. Despite
Punjab Braces for Intense Monsoon Spell, Flood Alerts Issued
Widespread monsoon rains are expected across most districts of Punjab today, with the fourth spell of rainfall predicted to persist
Govt to Raise High-Value Cash Sales Limit to Rs. 2.5 Million for Businesses
The federal government has proposed a significant change to Section 21 of the Income Tax Ordinance 2001, raising the threshold
FTO Probes FBR Over Lapses in Tracking Golden Visas and Foreign Assets
The Federal Tax Ombudsman (FTO) has launched an inquiry into the Federal Board of Revenue’s (FBR) failure to obtain data
Pakistan Records Historic $2.1 Billion Current Account Surplus After 14 Years
Pakistan achieved a remarkable milestone by posting a current account surplus of $2.1 billion for fiscal year 2024-25, marking the
Pakistan Braces for More Heavy Monsoon Rains and Thunderstorms
The Pakistan Meteorological Department has issued a comprehensive weather alert warning of intensified monsoon activity with heavy rains and thunderstorms
Temu Accused of Predatory Pricing, Misleading Advertising, and Tax Evasion in Pakistan
The Competition Commission of Pakistan (CCP) has launched a formal inquiry into Chinese e-commerce giant Temu following allegations of misleading
Engro Fertilizers Becomes $1 Billion Listed Company
Engro Fertilizers Limited (PSX: EFERT) has crossed the $1 billion mark in market capitalization, buoyed by a recent surge in
IMF Advises Pakistan to Raise GST Rate to Fund Development Projects
The International Monetary Fund (IMF) has turned down Pakistan’s proposal to introduce a 1 percent water storage cess on all
SBP Foreign Exchange Reserves Edge Up by $23 Million
The State Bank of Pakistan’s (SBP) foreign exchange reserves saw a modest increase of $23 million over the past week,
