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
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
Business
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
Business
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
Business
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
Business
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
Business
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
Business
Pakistani Rupee Weakens as Foreign Currencies Gain Ground
The Pakistani rupee remained under pressure in the open market, with several major foreign currencies registering gains due to steady demand and persistent economic concerns. The US dollar,
Business
Gold Prices Reach Record High in Pakistan
Gold prices in Pakistan surged once again, continuing a steady upward trend driven by market instability and rising global demand. The price of 24-karat gold rose by
Business
Dollar, Euro Hold Strong Against Rupee
The Pakistani rupee showed mixed performance in both interbank and open markets, with many foreign currencies appreciating slightly, according to currency dealers on Tuesday. The US dollar remained
Business
May Sees Mild Rebound in Inflation Across Urban and Rural Areas
Pakistan’s annual inflation rate rose to 3.5% in May 2025, according to the latest figures released by the Pakistan Bureau of Statistics (PBS) on Monday. This