Finance Bill 2025 Grants Tax Exemptions to 50+ Entities (Complete List)
ISLAMABAD: The Finance Bill 2025–26, recently approved by Parliament and now awaiting the signature of President Asif Ali Zardari, introduces more than 50 tax exemptions.…
Pakistan Railways to Enable Card Payments at Stations
Pakistan Railways has joined hands with Allied Bank Limited to introduce Point of Sale (POS) systems at 348 railway stations nationwide. This new initiative aims…
Most Bank Accounts in Pakistan Hold Less Than Rs50,000
Most bank accounts in Pakistan have relatively modest balances, with new central bank figures showing that over 70% of accounts hold deposits of less than…
Nvidia Shares Hit Record as Insiders Sell Over $1 Billion
Nvidia shares soared to new record highs this month, driven by intense investor enthusiasm for artificial intelligence, even as company insiders sold more than $1…
Govt Eyes $50 Billion Target to Increase Remittances to Pakistan
ISLAMABAD: In a strategic push to increase remittances to Pakistan, top officials have begun formulating plans to encourage overseas Pakistanis to use official channels, aiming…
Meezan Bank Achieves Historic $2 Billion Market Cap Milestone
Meezan Bank has officially crossed a $2 billion market capitalization milestone on the Pakistan Stock Exchange, as announced by Topline Securities CEO Sohail Mohammed. This achievement…
SBP Foreign Exchange Reserves Decline by $2.65 Billion in One Week
The SBP foreign exchange reserves witnessed a sharp decline of $2.65 billion in a single week, dropping to $9.06 billion as of June 20, 2025,…
Fact Check: Has SBP Issued a New Rs1,000 Currency Note?
A fact check has revealed that the viral Rs1,000 currency note circulating on social media is fake, as confirmed by the State Bank of Pakistan…
SBP: Cash Still Dominates High-Value Payments in Pakistan
While digital payments in Pakistan continue to grow rapidly, a major challenge persists: high-value transactions remain largely paper-based. According to the State Bank of Pakistan…
Digital Payments Now Make Up 89% of Retail Transactions in Pakistan
Pakistan’s retail landscape has undergone a significant digital transformation, with nearly 90% of retail payments now processed through digital channels, according to the State Bank…
Pakistan Trade Deficit with Neighbouring Countries Widens by $11.17B
The Pakistan trade deficit with neighbouring countries widened by 32.82% to $11.17 billion during the first 11 months of the current fiscal year (FY25), compared…
China Approves Partial Rescheduling of $1.8 Billion Debt for Pakistan
China has agreed to a partial debt rescheduling for Pakistan worth $1.8 billion, which is nearly half of what Islamabad initially requested last year. Despite…