Business
FBR Crackdowns on Doctors & Beauty Salons to Expand Tax Net
The Federal Board of Revenue (FBR) has initiated a strict audit of professionals in a major move to broaden the tax net. The tax collection agency is now scrutinising high-earning individuals and businesses in major cities. Specifically, the FBR is…
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Sugar Price in Multan Sees Sharp Rise Amid Ongoing Crisis
2 min read
The sugar price in Multan has surged significantly as the ongoing crisis continues to affect the grain and open markets. According to details, the wholesale…
SBP Unveils New Framework to Ease Bank Account Opening
2 min read
In an effort to streamline the process of bank account opening, the State Bank of Pakistan (SBP) has released new regulations for customer onboarding. Standardization…
Easypaisa vs JazzCash: The Ultimate Mobile Wallet Showdown in 2025
10 min read
Imagine a world where managing your money is as easy as sending a text message. Well, in Pakistan, that world is already here, and it’s…
ECC Formally Recognizes Ship-Breaking as Industry
2 min read
The Economic Coordination Committee (ECC) of the Cabinet has formally recognized the ship-breaking industry as an official sector during a recent meeting chaired by Finance…
Atlas Honda Bikes Achieves Record Profit on Rising Sales
2 min read
Atlas Honda Limited (PSX: ATLH) has reported a record profit after tax (PAT) of Rs4.8 billion for the quarter ended June 30, 2025 — the…
Solar Users Left in the Dark by Abrupt Net Metering Policy Shift
4 min read
Despite earlier incentives that fueled widespread solar adoption, the proposed reduction in the buyback rate, from Rs27 to Rs11 per unit, has sparked intense backlash.…
IMF Blocks Power Tariff Relief for Industries and AI Data Centers
2 min read
The International Monetary Fund (IMF) has rejected the Energy Ministry’s proposed three-year marginal electricity tariff package for industrial users, including artificial intelligence (AI) and data…
Alif Finance Cleared by SECP to Operate as NBFC in Pakistan
2 min read
The Securities and Exchange Commission of Pakistan (SECP) has granted an Investment Finance Services license to Alif Finance (Private) Limited, officially authorizing it to operate…
PTA Takes Legal Action to Recover Rs. 80 Billion from LDI Operators
2 min read
The Pakistan Telecommunications Authority (PTA) has initiated an enforcement action against Long Distance and International (LDI) operators. This case focuses on unpaid Access Promotion Contribution…
Pakistan’s Pharmaceutical Exports Highest in 20 Years
2 min read
Pakistan’s pharmaceutical exports have reached their highest growth in two decades, driven by strategic policy reforms and expanding global demand. In the fiscal year ending…
Sindh Farmers Vow Court Battle Against 45% Agricultural Income Tax
3 min read
Sindh farmers have decided to take legal action against the recently imposed 45 percent agricultural income tax, calling it unconstitutional and a threat to their…
Joselito Jr. Avancena Returns as Nestle Pakistan CEO
2 min read
Nestle Pakistan CEO Joselito Jr. Avancena has officially resumed his role, according to a notification shared with the Pakistan Stock Exchange (PSX) on Wednesday. Alongside…
Askari Insurance Closes Property Deal Worth Rs432 Million
2 min read
Askari Insurance has finalized a major property transaction worth over Rs432 million with its associated company, ADHL, securing prime commercial space in Lahore. Askari General…
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