Trending Topics
Rs1.079 Trillion Power Sector Subsidy Likely in FY2025-26 Budget
ISLAMABAD: The federal government is expected to allocate a power sector subsidy of Rs1.079 trillion (Rs1,079 billion) for the fiscal year 2025-26 budget, according to…
Bahria Town’s Icon Tower to Be Auctioned by FBR due to tax Default
ISLAMABAD: The Federal Board of Revenue (FBR) has officially announced the auction of Bahria Icon Tower in Karachi, along with the Mall of Islamabad, to…
Govt Plans 18% Sales Tax on Ex-Tribal Area Goods
ISLAMABAD: The federal government is preparing to introduce a significant fiscal change by imposing an 18% sales tax on goods produced in the former tribal…
Govt Plans Low-Cost Power Package for Crypto Miners & Farmers
The Power Division has proposed a new initiative, dubbed the “Surplus Power Package.” It is designed to offer low-cost electricity to key sectors, including agriculture,…
SBP Boosts Digital Payments Ahead of Eid ul Azha
ISLAMABAD: In a bid to accelerate the adoption of digital finance, Pakistan’s central bank has teamed up with 22 leading commercial banks to promote SBP…
Alibaba Introduces New Logistics Services for Pakistani Exporters
ISLAMABAD: In a major development for the country’s export sector, Alibaba has launched a full suite of online logistics services for Pakistani exporters. The initiative…
Here’s a Breakdown of Pakistan External Funding in 2024-25
ISLAMABAD: Pakistan external funding has exceeded $14 billion during the first ten months of the current fiscal year, as per the Economic Affairs Division. The…
Systems Limited Suspends Trading on PSX Due to Stock Split
Systems Limited (PSX: SYS), a prominent technology company listed on the Pakistan Stock Exchange (PSX), temporarily suspends its share trading from May 29 to May…
SECP Allows Microfinance Companies to Join “Apni Chhat Apna Ghar” Scheme
ISLAMABAD: In a significant move toward promoting affordable housing and financial inclusion, the Securities and Exchange Commission of Pakistan (SECP) has approved regulatory relaxations allowing…
Pakistan’s Gold Market Sees New High: Rs351,000 per Tola
Gold prices in Pakistan experienced an uprise on Friday, with the addition of Rs3500 per tola reaching Rs351,000. Similarly, 10-gram gold was valued at Rs300,925,…
SBP Approves UBL Share Split to Boost Market Liquidity
The State Bank of Pakistan (SBP) has officially approved the proposed UBL share split, paving the way for United Bank Limited (PSX: UBL) to restructure…
IMF Refutes Claims Pakistan misused Bailout Funds against India
ISLAMABAD: The International Monetary Fund (IMF) has firmly rejected claims by Indian media that Pakistan may use EFF funds for military purposes, affirming that the…
