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Eid Holidays Cancelled for These Departments, Govt Confirms
The Ministry of Finance has officially cancelled Eid-ul-Azha holidays for key staff members directly involved in the preparation of the fiscal year 2025-26 budget. Employees…
Fishermen Reject Proposed National Fisheries Policy
KARACHI: The fishermen community in Pakistan has expressed strong opposition to the federal government’s initiative to create a fisheries policy at the national level. They…
Pakistan Trade Deficit Widens to $24 Billion
Pakistan’s trade performance for the first eleven months of fiscal year 2024–25 shows a mixed trend, as exports grew moderately while the Pakistan trade deficit…
CCP Greenlights WPP Acquisition in Pakistan’s Media Market
The Competition Commission of Pakistan (CCP) has officially approved the WPP acquisition in Pakistan, allowing Berkeley Square Holding BV to secure a 50 percent stake…
PM Shehbaz Approves Raw Material Duty Cut for Industrial Growth
ISLAMABAD: Prime Minister Shehbaz Sharif has approved a significant raw material duty cut on more than 7,066 tariff lines, targeting raw materials, intermediate goods, and…
Pakistan’s Central Govt Debt Rises by 13.4% YoY
The federal government’s total public debt has climbed to nearly Rs. 75 trillion, marking a significant increase of 13.4 percent year-on-year (YoY), according to recent…
Pakistan Stock Exchange Hits All-Time High
June 4, 2025: The Pakistan Stock Exchange (PSX) achieved a significant milestone, with its benchmark KSE-100 index hitting an all-time high, crossing the 121,000-point mark…
Pakistan Registers Record Exports to European Countries
Pakistan’s exports to European countries recorded a growth of 8.62% during the first ten months of the current fiscal year, largely due to stronger shipments…
Govt Plans 5% Digital Services Tax in Upcoming FY2025-26 Budget
The federal government of Pakistan plans to introduce a 5% digital services tax in the upcoming FY2025-26 budget. This move could reshape the country’s digital…
IMF Supports Tax Cut for Salaried, Rejects Wealth Levies
The International Monetary Fund (IMF) has dismissed Pakistan’s latest efforts to introduce a capital value tax on movable assets such as “cash” and “gold,” as…
Pakistan Defence Budget May Get a Whopping 114% Rise This Year
ISLAMABAD: The Pakistan defence budget may see a whopping 114% increase in the upcoming fiscal year 2025-26, with proposed allocations rising sharply from Rs5.386 billion…
Google Settles Lawsuit; Will Spend $500 Million On Internal Compliance
Google has settled a shareholder lawsuit, agreeing to invest $500 million over the next decade to enhance its compliance framework. This settlement addresses allegations of…
