Business
Dirham, Riyal Stable as Rupee Feels Strain
The Pakistani Rupee remained under mild pressure in both the interbank and open markets today, with the US Dollar registering modest gains. Currency traders reported the Dollar buying
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Business
Pakistan Gold Rates Hit New Peak Following Global Climb
Gold prices in Pakistan surged sharply, with a substantial rise reported in both local and international markets. The increase comes amid growing economic concerns and a global trend
Business
ICE Vehicles Face Higher Costs Under Budget 2025–26
The federal government has introduced a new tax on petrol and diesel vehicles in the Budget for 2025–26, impacting all internal combustion engine (ICE) vehicles, whether locally
Business
Maryam Nawaz Clears Pay Raise Ahead of Budget
Punjab Chief Minister Maryam Nawaz Sharif has approved a 10 percent increase in the salaries of government employees for the fiscal year 2025–26, days before the provincial
Business
KP Budget Declared Tax-Free for FY26
Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur has confirmed that the provincial government will present a tax-free budget, with no new taxes planned for the upcoming financial
Business
GST Hike to Raise Prices of Entry-Level Cars, Including Suzuki Alto
The Pakistani government has proposed ending existing tax relief on small cars, including popular models like the Suzuki Alto, under the upcoming federal budget. If the plan is
Business
GST Hike May Raise Prices of Small Cars
The federal government is expected to present the 2025–26 budget today, with early reports indicating significant changes in taxation aimed at boosting revenue by around Rs2,000
Business
Gold Prices Hold Steady After Eid Holidays
Gold prices across Pakistan remained unchanged on Tuesday despite a rise in international bullion markets. According to market sources, the local price stability was likely due to limited
Business
Dollar, Pound, Euro Remain Stable in Open Market
Foreign currency exchange rates in Pakistan remained largely unchanged on June 10, 2025, with no major movements observed in the open market. According to local exchange dealers, the
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Govt Plans Higher Taxes on Cash, Cars and E-Commerce
The federal government is reportedly planning a wide range of tax changes in the upcoming budget for the fiscal year 2025–26, with a particular focus on cash
Business
Think Tank Proposes Super Tax Cap and Real Estate Tax Relief in Budget 2025-26
The Economic Policy Business Development Think Tank has strongly recommended that the Super Tax should apply only to corporations with profits exceeding Rs 10 billion, and that withholding
Business
Nasdaq Dubai Welcomes Mashreq’s USD 500 Million Sukuk Listing
Nasdaq Dubai welcomed Mashreq’s (''Mashreq'' or ''the Bank'') debut listing on the exchange with the admission of a USD
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inDrive Launches Business Mode to Boost SME Deliveries in Pakistan
inDrive.Delivery, a fair-play courier service by inDrive, has launched Business Mode in Pakistan — a dedicated feature set for entrepreneurs and small business owners — following an estimated
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Foreign Currencies Hold Steady in Pakistan
Foreign currency exchange rates remained largely stable on June 5, with the US Dollar, British Pound, and Euro holding dominant positions in Pakistan’s forex market. While minor
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Jewelers Report Stability in Precious Metal Prices
Gold prices in Pakistan held steady on Wednesday, mirroring a quiet phase in the international bullion market. As per figures shared by the All Pakistan Sarafa Association, the
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IMF Turns Down Tax on Cash and Gold, Supports Tax Cut for Salaried People
The International Monetary Fund (IMF) has rejected several of Pakistan’s new tax proposals, including a capital value tax on movable assets like cash and gold, and a