Govt Plans to Tax High Pensions in Upcoming Budget at IMF’s Request
The federal government is preparing to introduce a new income tax on higher pensions in the upcoming financial year’s budget,
Tribunal Slashes Penalties for Karachi Dairy Leaders in Price Fixing Case
The Competition Appellate Tribunal (CAT) has directed representatives of all three dairy farmer associations of Karachi to submit written undertakings
Moody’s Warns India-Pakistan Tensions Threaten Pakistan’s Economic Recovery
Moody’s Ratings has cautioned that ongoing tensions between Pakistan and India could jeopardize Pakistan’s fragile economic recovery, disrupt fiscal consolidation
SBP to Launch Specialized Entity to Accelerate Raast Digital Payment System
The State Bank of Pakistan (SBP) is set to establish a dedicated subsidiary to drive innovation and expansion of the
President Zardari Approves 188% Salary Increase for Federal Ministers
President Asif Ali Zardari has approved a substantial salary increase for federal ministers and ministers of state, raising their monthly
Govt to Make Pakistanis Pay Rs. 2 Trillion More Tax Next Fiscal Year
The federal government is preparing to significantly increase next fiscal year’s tax collection target to Rs. 14.3 trillion, representing a
All Sea, Land, and Air Transit Routes to India Blocked as Pakistan Bans Transit Trade
Pakistan has banned transit trade to India. The Ministry of Commerce has issued a Statutory Regulatory Order (SRO) prohibiting the
Pakistan’s Inflation Drops to Historic Low of 0.3% in April 2025
Pakistan’s annual inflation rate has dropped to a historic low of 0.3 percent year-on-year in April 2025, according to data
DigiEstate Applies for Listing and Secondary Trading of Real Estate Security Tokens At PSX
DigiEstate, the country’s first Shariah-compliant fintech/proptech startup—incubated at NIC Karachi and currently undergoing SECP sandbox testing—has applied for the listing
Dubai Islamic Bank Pakistan Appoints Muhammad Ali Gulfaraz as New CEO
Dubai Islamic Bank Pakistan Limited has appointed Muhammad Ali Gulfaraz as its new Chief Executive Officer, effective May 2, 2025.
