Oil Prices Skyrocket to 5-Month High After Israel’s latest Attack on Iran
Oil prices surgeed sharply on Friday, climbing over 9% to reach their highest levels in nearly five months after Israel launched strikes against Iran, dramatically…
Pakistan’s Foreign Exchange Reserves Hit 26-Month High
KARACHI: Pakistan’s foreign exchange reserves hit a 26-month high, rising by $167 million on a weekly basis, according to the latest data issued by the…
Govt Seeks $2B Loan to Boost Reserves to $14B
In a recent briefing to the National Assembly Standing Committee on Finance, Finance Minister Muhammad Aurangzeb revealed that the government is working to secure a…
Jazz Hit with Rs. 22 Billion Fine in Historic Court Ruling, IHC sides with FBR
A significant ruling by the Islamabad High Court, led by Justice Babar Sattar, has sided with the Federal Board of Revenue (FBR) in a tax…
FBR Enforces 15% Tax on Passive Saving Income
KARACHI: The Federal Board of Revenue (FBR) has introduced a 15% tax on passive saving income, aiming to reduce the disparity between active and passive…
Sindh PAC Flags Minimum Wage Violations in Industries
KARACHI: The Public Accounts Committee (PAC) of the Provincial Assembly raised serious concerns over the lack of minimum wage implementation in Sindh, revealing that over…
Pak Remittances in May 2025 Surge to $3.7 Billion
KARACHI: The State Bank of Pakistan (SBP) has reported a strong rise in Pak remittances in May 2025, offering critical support to the country’s external…
Pakistan Finance Bill 2025: New Strict Tax Rules for E-commerce & Digital Creators
The federal government has unveiled wide-ranging tax compliance reforms in Finance Bill 2025, proposing tougher penalties and stricter enforcement to boost documentation and curb tax…
Pakistan Railways Unveils Ambitious Station Modernization Initiative (Only These 3 Cities)
In a significant move to enhance passenger convenience, Pakistan Railways has initiated a phased project to install escalators at railway stations across the country. The…
Pakistan Minimum Wage 2025-26: Govt Ignores Inflation, Keeps Rates Unchanged
Finance Minister Muhammad Aurangzeb confirmed on Wednesday that the minimum wage in Pakistan will remain unchanged at Rs37,000 per month for the financial year 2025-26,…
Pakistan eCommerce Policy 2.0 (2025) in Final Review Phase
In a high-level meeting to address the challenges in Pakistan’s growing digital economy, Ministers Jam Kamal Khan and Shaza Fatima Khawaja reviewed key aspects of…
SBP’s PRISM+ Launch: The End of Payment Problems in Pakistan?
The State Bank of Pakistan (SBP) has announced the launch of the PRISM+ payment system, set to go live on June 16, 2025, under its…