World Bank Launches Education, Water Projects in Balochistan With $194m Funding
The World Bank has launched two major projects in Balochistan to reduce learning poverty and address the province’s ongoing water security challenges. With a combined…
FBR extends sales tax system integration deadline
ISLAMABAD: The Federal Board of Revenue (FBR) has announced extended deadlines for both corporate and non-corporate sales tax registered persons to complete their system integration.…
Pakistan Mobile Phone Imports Drop 16% in FY2024-25
ISLAMABAD: Pakistan imported mobile phones worth $1.356 billion during the first eleven months (July–May) of the fiscal year 2024-25, marking a 16.31% decline compared to…
Govt Launches Digital Loans for Farmers in Pakistan
The federal government has unveiled a major agricultural reform by launching digital loans for farmers in Pakistan, offering unsecured loans of up to Rs1 million…
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…
Govt Withdraws Sales Tax Exemption on Imported Cotton Yarn
ISLAMABAD: The federal government has officially withdrawn sales tax and duty exemptions on imported cotton and yarn, aiming to strengthen domestic cotton farming and revive…
Pakistan Shrugs Off Indian Rice Subsidy Push as Exports Held Strong
India re-entered the global rice market after a two-year export pause aimed at securing domestic food supplies. With this return, Indian media and trade observers…
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…
New Taxes on Mutual Funds and Poultry Announced in the Mini Budget 2025-26
The federal government has unveiled new taxes on mutual funds and poultry in the 2025-26 budget, Finance Minister Muhammad Aurangzeb announced during his address to…
Major hike in petrol and diesel prices expected in Pakistan
Pakistan is bracing for a significant surge in fuel prices, with High Speed Diesel (HSD) and Motor Spirit (MS) petrol expected to rise sharply. According…
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…
Salaried Class to Receive Significant Tax Relief, Says Finance Minister
In a significant effort to alleviate the financial burden on low- and middle-income earners, Pakistan’s government has announced substantial tax relief for the salaried class…