10% Salary Increase for Govt Employees Unlikely in Budget ( Now Approved)

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: ( Updated) A 10% salary increase for government employees in the upcoming Budget for 2025–26 now seems unlikely. Government sources indicate that the raise…

Warning!! Budget May Increase Taxes on Food, Books, and Daily Essentials

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

With a record tax revenue target for FY26, the federal government is proposing tax hikes on essential items like food, books, and stationery in the…

Fertilisers and Pesticides to Remain Tax-Free in Budget 2025-26

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a move to support farmers grappling with high input costs, the federal government has decided to retain the tax exemption on fertilisers and pesticides…

Govt Slaps Heavy Tax on FB, Google, Daraz & Digital vendors

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The federal government is set to enforce the Digital Presence Proceeds Levy Act 2025, introducing a new 5% tax on global and domestic digital…

Tax Relief on Old Car Imports Proposed in Budget Plan Sent to IMF

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The federal government has proposed significant tax relief on old car imports as part of its budget recommendations submitted to the International Monetary Fund…

Movie Tickets to Get Expensive as Govt Withdraws Cinema Tax Exemption

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: Moviegoers may soon have to pay more for tickets, as the federal government has proposed to withdraw the cinema tax exemption in the FY2025…

Health, Education Costs Soar Despite Low Overall Inflation in Pakistan

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: While inflation in Pakistan reached a historic low of 0.3% in April FY2025, the Economic Survey 2024-25 revealed that health and education sectors continue…

Pakistan’s J-35 Fighter Jets Deal Spurs Rally in Chinese Defence Stocks

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Shares of major Chinese defence firms surged on Monday following reports confirming Pakistan’s purchase of advanced J-35 stealth fighter jets from China, according to a…

Pakistan IT Sector Sees Record Export Growth in FY2024-25

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Pakistan IT sector has emerged as one of the fastest-growing segments of the national economy, according to the National Economic Survey 2024-25 released on…

LSM Growth in Pakistan Declines for Third Straight Year

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The LSM growth in Pakistan recorded a 1.5% contraction during July–March FY2025, compared to a marginal decline of 0.22% in the same period last…

New Airline in Pakistan Secures CAA License for Domestic Launch

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

A new airline in Pakistan, Air Karachi, has officially secured its Regular Public Transport (RPT) license from the Civil Aviation Authority (CAA), paving the way…

US Tech Fund Commits $10 Million to 2 Pakistani IT Entrepreneurs

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 4 min read

KARACHI: Pakistan’s two IT entrepreneurs—Mehwish Salman Ali and Malik Mudassir—will receive funding of $10 million from the USA-based JR Dallas Tech Fund, the premier private…

Starlink Receives Commercial Licence to Operate in India

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Starlink has received a commercial licence to operate in India, according to two sources cited by Reuters on Friday, marking a significant step forward for…

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