Pakistan Assembles Over 12 Million Mobile Phones in First 5 Months of 2025
Pakistan’s mobile phone manufacturing sector continued its steady pace in 2025, with 12.05 million handsets assembled locally during the first
Punjab Imposes 16% Sales Tax on Commercial Property Rentals
The Punjab government has officially imposed a 16 percent sales tax on the rental of commercial properties, effective July 1,
SBP to Launch Simplified Digital Payment Packages for Small Businesses Under PM’s Digital Push
In a major push toward a cashless economy, the State Bank of Pakistan (SBP) is developing simplified digital payment packages
Microsoft Shuts Down Pakistan Operations After 25 Years
In a major development that underscores the growing challenges facing Pakistan’s tech ecosystem, Microsoft has officially closed its operations in
Salaried Class Bears Brunt of Income Tax Burden, Paying More Than Exporters and Retailers Combined
The salaried class in Pakistan contributed a record Rs. 545 billion in income tax during the fiscal year 2024–25 (FY25),
Pakistan’s Foreign Reserves Soar to $14.51 Billion, Surpassing IMF Target
In a major economic breakthrough, the State Bank of Pakistan (SBP) has announced that its foreign exchange reserves surged by
Majority of Consumers Pay Rs. 10 Per Unit for Electricity in Pakistan: Secretary Power
A Senate panel was informed on Wednesday that 58 percent of electricity consumers in Pakistan are receiving power at a
Pakistan’s Cement Exports Grow by Almost 30% in FY25
Pakistan’s cement industry recorded a recovery in the fiscal year 2024-25 (FY25), with total cement dispatches increasing by 2 percent
Overseas Pakistanis Allowed Tax-Free Mobile Registration for 120 Days Per Visit
Overseas Pakistanis can avail the FBR tax-free mobile registration facility for 120 days per visit under the Federal Board of
CCP Upholds Rs. 150 Million Penalty Against Reckitt’s Strepsils
The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by Reckitt Benckiser in the Strepsils case due to non-prosecution.
