Trending Topics
Govt Confirms Utility Stores Shutdown Date
The Prime Minister Shehbaz Sharif-led federal government has finalized plans to shut down the Utility Stores Corporation (USC), the country’s public retail network, by July…
CCP Imposes Rs42M Penalty on UDPL and IBL Over Market-Fixing Pact
The Competition Commission of Pakistan (CCP) has slapped a hefty penalty of Rs42 million on United Distributors Pakistan Limited (UDPL) and International Brands (Private) Limited…
Govt Set To Slash The National Savings Schemes Returns
National savings scheme returns have been revised downward as Pakistan adjusts rates at the start of the new financial year to better align with prevailing…
Cement Shipments in Pakistan Rise as Exports Surge
ISLAMABAD: Cement shipments in Pakistan increased by 2% year-on-year (YoY) to 46.22 million tonnes during FY25, primarily supported by a sharp rise in exports that…
US Eyes $1 Billion Investment in Pakistan’s Mineral Sector
US investment in Pakistan’s mineral sector could climb as high as $1 billion, as Islamabad and Washington accelerate trade talks aimed at reshaping their economic…
IMF Rejects Pakistan’s Subsidised Power Tariffs Plan
The International Monetary Fund (IMF) has rejected Pakistan’s latest proposal to introduce subsidised power tariffs for certain industrial sectors, cautioning that such incentives could deepen…
New Taxes Prompt Courier Companies to Raise Delivery Charges
Major courier companies have notified their customers, including registered E-commerce companies and online traders, that the government will charge them the newly imposed taxes from…
Pakistan Airport Cargo Fees Increased by Up to 100%
In a major shift after five years, Pakistan airport cargo fees have been significantly increased nationwide, with some tariffs skyrocketing by as much as 100…
FBR removes additional Customs Duty on imports in lower slabs
The Federal Board of Revenue (FBR) has announced the complete removal of Additional Customs Duty (ACD) on imported goods falling under the 0%, 5%, and…
AliExpress Halts Budget Shipping to Pakistan Amid New Tax Rules
AliExpress has officially stopped several low-cost shipping methods to Pakistan following recent customs tax reforms imposed by Pakistani and Sri Lankan authorities. This regulatory move…
FBR Sales Tax Integration Now Mandatory for Service Providers
The Federal Board of Revenue (FBR) has announced that FBR sales tax integration will be mandatory for a wide range of service providers starting July…
SBP Buys $6.8B to Boost Reserves, Repay Debt
The State Bank of Pakistan (SBP) has made a significant move to stabilize its foreign reserves by purchasing $6.8 billion from the interbank market between…
