Business
Pakistan’s IT Exports Reach Record $4.6 Billion in FY2025-26
Budget 2026-27: Govt Plans Carbon Levy on Large Cars, Major Tax Incentives for EVs
The federal government is considering imposing a carbon levy of up to 19.5 percent on vehicles above 2,000cc as part of Budget 2026-27, while simultaneously…
Pakistan to Release Economic Survey 2025-26 Tomorrow Ahead of Federal Budget
The federal government will release the Economic Survey of Pakistan 2025-26 on Thursday, providing a comprehensive review of the country’s economic performance ahead of the…
Islamabad Announces New Business Closing Timings Under Austerity Measures
The district administration of Islamabad has announced new closing hours for markets, shopping malls, restaurants, and other commercial establishments as part of ongoing energy conservation…
KP Ready to Transfer Rs. 180 Billion to Centre to Support Budget 2026-27 Targets
The Khyber Pakhtunkhwa government is expected to contribute Rs. 180 billion to the federal government as part of a broader provincial effort to help Islamabad…
15% Customs Duty Exemption on Defense Imports Approved
The Tariff Policy Board (TPB) has reportedly decided to exempt all defense imports from customs duty. The Minister for Commerce heads this inter-ministerial body. Currently,…
Higher Fuel Taxes Emerging as Major Driver of Inflation in Pakistan: Report
Pakistan’s recent return to double-digit inflation is increasingly being attributed to rising fuel taxation, with a new study suggesting that higher petroleum levies have become…
NEC Approves Federal and Provincial Development Budgets for FY2026-27
The National Economic Council (NEC), chaired by Prime Minister Shehbaz Sharif, has approved the Public Sector Development Programme (PSDP) and provincial development budgets for the…
Islamabad Announces New Business Closing Times Amid Austerity Measures
Today, the Islamabad district administration announced revised closing hours for commercial establishments. Authorities implemented these new timings immediately on June 10, 2026. Furthermore, these Islamabad…
FBR Dismisses Claims of LPG Import Suspension at Pak-Iran Border
The Federal Board of Revenue (FBR), through Pakistan Customs, has rejected reports suggesting that LPG imports and trade activities at the Pak-Iran border have been…
Sindh Considers 20% Salary and Pension Increase in Budget 2026-27
The Sindh government is considering a substantial relief package for public sector employees and pensioners in the upcoming provincial budget, with proposals suggesting salary and…
Pakistan’s Remittances Cross Record $4.25 Billion Mark in May
Pakistan received a record $4.25 billion in workers’ remittances in May 2026, setting the highest monthly inflow in the country’s history. The strong inflow gave…
Pakistan May Impose Up to 25% Sales Tax on Imported EVs in FY27 Budget
Pakistan’s federal government plans to impose up to 25% sales tax on the import of electric vehicles in the upcoming Budget 2026-27, dealing a significant…