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Pakistan Eyes New Taxes After Revenue Gap Flags in IMF Review
Pakistan has submitted a contingency fiscal plan to the IMF to avoid a mid-year mini budget, as fresh documents reviewed by the Fund indicate emerging revenue shortfalls. The government has assured the IMF that it is prepared to take early…
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SBP Seeks Resolution as Roosevelt Hotel Debt Issue Worsens
2 min read
The State Bank of Pakistan (SBP) has raised concerns over the delay in repayment of a National Bank of Pakistan (NBP) loan linked to the…
IMF Predicts Pakistan’s Net Debt to Rise to 65.7% of GDP in 2026
2 min read
The International Monetary Fund (IMF) has projected that Pakistan’s government net debt will increase slightly from 65.3% of GDP in 2025 to 65.7% in 2026,…
Pakistan’s Exports Plunge in Q3 as Textile Crisis Deepens
3 min read
According to Pakistan Textile Council (PTC), Pakistan’s exports engine is sputtering. In the July–September 2025 quarter (Q3), total exports dropped to $7.62 billion, down 3.4%…
Pakistan’s Mobile Phone Imports Double in Q1 Fiscal Year 2025-26
2 min read
According to PTA, Pakistan’s mobile phone imports have surged over 103 percent year-on-year in the first quarter (July–September) of the current fiscal year, reaching $500.011…
Over 100 Pakistan’s IT Firms Join Saudi Arabia’s Digital Economy
2 min read
More than 100 Pakistan’s IT companies have officially registered in Saudi Arabia. This marks a major step in the deepening of digital and trade relations…
Government Announces Massive Reduction in Petroleum Prices
2 min read
In a significant relief to the general public, the federal government has announced a reduction in the prices of petroleum products across the country. According…
PSX Gains 210 Points Amid IMF Deal, Profit-Taking
2 min read
The Pakistan Stock Exchange (PSX) ended a volatile session slightly higher on Wednesday, with the KSE-100 Index gaining 210.36 points or 0.13% to close at…
Cabinet Committee Questions Sale of First Women Bank to UAE Firm
2 min read
The Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT) has raised questions over the proposed sale of First Women Bank Limited (FWBL) to a UAE-based company,…
FBR Confirms Income Tax Filing Deadline Extension to October 31, 2025
2 min read
The Federal Board of Revenue (FBR) has officially extended the deadline for filing Income Tax Returns for Tax Year 2025 until October 31, 2025. The…
Daira Marks One Year of Empowering Pakistan’s Unbanked Population
3 min read
Mobile-first digital nano-lending platform, Daira marked its first anniversary of operations in Pakistan with a renewed commitment to advancing financial inclusion and access to finance…
FBR May Extend Income Tax Return Deadline to Oct 31
2 min read
The Federal Board of Revenue (FBR) is reportedly set to extend the income tax return filing deadline by another 15 days, moving it to October…
Apple Urges India to Revise Tax Law on iPhone Equipment
2 min read
Apple is urging the Indian government to revise its income tax law to prevent the company from being taxed for owning high-end iPhone manufacturing equipment…
SECP Flags Legal Breaches in PRCL CEO Appointment and Pay Raise
2 min read
The Securities and Exchange Commission of Pakistan (SECP) has uncovered multiple violations of corporate and public-sector laws in the appointment and salary increase of the…
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