Pakistan’s Circular Debt Skyrockets 1,200%+ Compared to Last Year
Pakistan’s power sector circular debt reached Rs. 1.85 trillion by April 2026, showing a slight increase from Rs. 1.84 trillion
Govt Allocates Rs. 16.29 Billion for IT, AI Projects in New Development Budget
The government has proposed an allocation of Rs16.29 billion for ongoing projects under the Information Technology and Telecommunication Division in
Chinese Consortium Plans Major Expansion in Pakistan Capital Markets
A Chinese consortium has reaffirmed its long-term commitment to Pakistan’s capital markets, following the resolution of key regulatory issues by
Islamic Banks Can No Longer Park Funds in Conventional Banks Under New SBP Rules
The State Bank of Pakistan (SBP) has instructed Islamic Banking Institutions (IBIs) to immediately discontinue placing funds with their conventional
Gold Price Breaks Higher in Pakistan, Gains Over Rs10,000 in a Day
Gold prices in Pakistan rose sharply on Monday, tracking gains in the international bullion market. In the local market, the
Pakistani Social Media Influencers to Pay 5% Tax on Their Income Starting July
The Senate Standing Committee on Finance and Revenue has approved a proposal to impose a 5% withholding tax on income
FBR to Audit Traders Living Beyond Their Declared Income
Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has said that traders whose visible lifestyle does not align with
Pakistan Stocks Surge 4,400 Points as US-Iran Peace Deal Boosts Sentiment
Massive buying was witnessed at the Pakistan Stock Exchange (PSX) on Monday, with the benchmark KSE-100 index surging nearly 4,400
Pakistan Announces US-Iran Peace Deal, Oil Prices Fall Immediately
ISLAMABAD: Prime Minister Shehbaz Sharif announced on Monday that the United States and Iran have reached a peace agreement following
Govt Abolishes 18% Sales Tax on Shipping Sector in Budget 2026-27
The federal government has eliminated the 18% sales tax on Pakistan’s shipping industry in the Budget 2026-27, aiming to reduce
