Business
Petrol, Diesel May Cost More from July 16
The federal government is expected to raise petroleum prices from July 16, with petrol and diesel likely to become more expensive for consumers across Pakistan. Sources within the
Pakistan economy
Business
FBR Responds To 20.5% Tax on Cash Sales
The Federal Board of Revenue (FBR) has clarified confusion surrounding a perceived 20.5% tax on cash sales over Rs 2 lakh, following widespread speculation after changes introduced
Business
SBP Nears Digital Currency Pilot Launch
The State Bank of Pakistan (SBP) is preparing to launch a pilot project for a central bank digital currency (CBDC), with final steps underway to introduce legislation to
Business
EPBD Calls for Shift from Debt-Funded Consumption to Growth
Economic Policy & Business Development (EPBD) a think tank, calls for fundamental restructuring of Pakistan's debt utilization, advocating that borrowed resources be diverted from unproductive consumption
Business
Global, Local Gold Rates Drop for Second Day
Gold prices in Pakistan saw a sharp decline for the second straight session on Monday, reflecting a global dip in the precious metals market. According to data released
Business
FBR Sees Drop in Power Bill Taxes
The Federal Board of Revenue (FBR) has reported a drop in tax collections from electricity bills in the fiscal year 2024-25. According to official data, Rs. 490
Business
High Policy Rate Hurting Economy: Gohar Ejaz
Former federal minister Gohar Ejaz said that State Bank of Pakistan is causing annual Rs3 trillion loss to national exchequer. In a post uploaded on X platform on
Business
Investors Turn to Gold Amid Global Uncertainty
Gold prices in Pakistan surged on Monday, approaching record highs amid bullish sentiment in the global market. The price of one tola of gold rose sharply to Rs
National
Gohar Ejaz Urges FBR to Target Non-Filers, Not Burden Existing Taxpayers
Pakistan's numbers tell a compelling story with only 5.9 million tax filers out of 71 million workforce (8.4 percent, tax filer to workforce ratio)
National
Middle East Crisis Sparks Fuel Watch in Pakistan
A key government committee led by Finance Minister Muhammad Aurangzeb met on Monday in Islamabad to review the country’s petroleum reserves and pricing, as global oil markets
Business
Precious Metals Set New Highs in Pakistan
Gold rates in Pakistan have touched a new peak, with prices hitting an all-time high across major cities. According to the All-Pakistan Gems and Jewellers Sarafa
Breaking News
Customs duty increased on imported items; LEDs, gas, chemicals, and clothing
In a bid to curb the import bill and encourage local manufacturing, the federal government has proposed a 2% increase in customs duty on a broad range of
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
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
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
National
Massive Rise in Gold Prices in Pakistan Once Again
Gold prices in Pakistan surged once again on Tuesday, continuing the upward momentum witnessed both locally and globally. The hike comes just a day after a major increase,