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…
Pakistan, ADB Partner on Rs14 Billion Women Loan Facility
The government has disbursed Rs14 billion in loans to over 193,000 women under its Women Inclusive Finance Programme, Finance Minister Muhammad Aurangzeb announced during the…
Property Tax Abolished as Govt Confirms new Amendments
The Federal Government has introduced major tax reforms in the amended Finance Bill 2025–26, offering relief to long-term homeowners while reinforcing customs enforcement and introducing…
Govt Eases Eligibility For Undeclared Asset Holders On Buying Cars & Property
ISLAMABAD: In a significant shift under the Federal Budget 2025-26, the government has revised the eligibility criteria for buying cars and property, softening its earlier…
PM clarifies income tax rate for low-income salaried class, New Lower rate confirmed
ISLAMABAD: Prime Minister Shehbaz Sharif clarified on Wednesday that the income tax rate for salaried individuals earning between Rs600,000 and Rs1.2 million annually has been…
IT Ministry launches $78m Project To Enhance Digital Services
Pakistan is set to enhance its digital public service delivery through the Digital Economy Enhancement Project (DEEP), a $78 million initiative under the Ministry of…
Pakistan Pushes for Cashless Economy: High Level Committee formed
Prime Minister Muhammad Shehbaz Sharif has formed a high-level committee to accelerate Pakistan’s transition to a cashless and digitalized economy. The committee, personally chaired by…
JazzCash & Veem Join Hands To Streamline Global Payments
JazzCash, the premier fintech platform in Pakistan, has formed a strategic partnership with Veem, a San Francisco-based organization. The primary objective of the partnership is…
Punjab Set to Present FY 2025-26 Budget Today
LAHORE: The Punjab government is all set to unveil its budget for the financial year 2025-26 today, marking a key milestone in Chief Minister Maryam…
FBR Reverses Tax Relief for Low-Income Salaried Persons
ISLAMABAD: The Federal Board of Revenue (FBR) has reversed the proposed tax relief for low-income salaried persons, according to a statement made during a session…
