12 months ago Govt Freezes Hiring, Halts Vehicle Purchases and Foreign Travel to Cut Costs The Finance Division has rolled out a fresh wave of austerity measures for the fiscal year 2025–26, tightening the government’s
12 months ago FBR & Intelligence Bureau Crack Down on Tax Evaders, Recover Whopping Rs. 178 Billion Prime Minister Muhammad Shehbaz Sharif Monday commended the Federal Board of Revenue (FBR) and the Intelligence Bureau (IB) for their
12 months ago Business Community Struggles with New Tax Rule on Large Cash Sales The business community is grappling with significant compliance challenges following the introduction of a new income tax provision that disallows
12 months ago UBL Becomes Second Most Valuable Company on Pakistan Stock Exchange United Bank Limited (PSX: UBL) has surged to become the second most valuable listed company on the Pakistan Stock Exchange
12 months ago Temu and Ali Express Prices Skyrocket in Pakistan After New Budget,But Taxes Aren’t the Only Culprit Shoppers in Pakistan have been left reeling as prices on popular online marketplaces like Temu and AliExpress have surged dramatically
12 months ago 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
12 months ago 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,
12 months ago 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
12 months ago 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
12 months ago 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