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Pakistan Crypto Council Sets Up Committee for Digital Asset Regulations
The Pakistan Crypto Council (PCC) convened a high-level meeting at the Finance Division, chaired by Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue.…
Govt Moves to Introduce Bankruptcy Law in Pakistan
In a key policy development, the government has taken steps to introduce a bankruptcy law in Pakistan, aiming to improve the investment climate and revive…
Pakistan Inflation Rate for May 2025 Exceeds Forecasts
ISLAMABAD: The Pakistan inflation rate in May 2025 climbed to 3.5% year-on-year, significantly higher than April’s 0.3% figure, according to data released by the Pakistan…
Pakistan Sets $5 Billion IT Export Target for 2025
ISLAMABAD: The government has set the Pakistan IT exports target for 2025 at $5 billion, aiming to build on the sector’s robust growth. This was…
Inflation-Adjusted Salary Hike Expected in Budget 2025-26
ISLAMABAD: An inflation-adjusted salary hike is expected in the upcoming federal budget for 2025-26 to support the salaried class amid rising inflation. Simultaneously, the government…
Budget 2025-26 Unveils Dual Petrol Pricing to Combat Cash Economy
ISLAMABAD: The federal government is expected to unveil a dual pricing system in Budget 2025-26. The plan introduces different tax and transaction rates for cash…
Pak Govt Set to Approve Ambitious Economic Targets for FY2025-26
As Pakistan prepares to finalize its economic roadmap for the next fiscal year, the federal government is expected to approve a set of key macroeconomic…
Pakistan’s Textile Giants Warn of Export Collapse Without Budget Fixes
ISLAMABAD: Textile exporters in Pakistan have called on the federal government to reverse key budgetary policies, warning that continued disruption of supply chains could severely…
Import Payment Delays in Pakistan as Dollar Shortage Worsens
Commercial banks across Pakistan are delaying import-related payments by two to three weeks due to a tightening dollar supply in the market. This scarcity is…
Pakistan Gains IMF Nod to Cut Tax Burden on Salaried Class
Pakistan has received preliminary approval from the International Monetary Fund (IMF) to reduce income tax rates for salaried individuals in the upcoming 2025-26 federal budget.…
FBR to Double Tax on Non-Filers’ Cash Withdrawals from July 2025
ISLAMABAD: The Federal Board of Revenue (FBR) has recommended a significant increase in withholding tax on cash withdrawals by non-filers, from the current 0.6% to…
PKR Was Kept Undervalued Adding Nearly 7% Inflation; Report Estimates
The fair value of the Pakistani Rupee (PKR) is estimated at 249.2 per US dollar, instead of 282.2 per US dollar, according to a report…
