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Ogra Approves Up to 7% Gas Price Hike for FY 2025-26
Pakistan’s energy regulator has approved another increase in natural gas prices, with the move aimed at meeting the massive revenue requirements of SNGPL and SSGCL for the next fiscal year. The decision signals continued tariff adjustments as the government works…
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Digital Payments Now Make Up 89% of Retail Transactions in Pakistan
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Pakistan’s retail landscape has undergone a significant digital transformation, with nearly 90% of retail payments now processed through digital channels, according to the State Bank…
Pakistan Trade Deficit with Neighbouring Countries Widens by $11.17B
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The Pakistan trade deficit with neighbouring countries widened by 32.82% to $11.17 billion during the first 11 months of the current fiscal year (FY25), compared…
China Approves Partial Rescheduling of $1.8 Billion Debt for Pakistan
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China has agreed to a partial debt rescheduling for Pakistan worth $1.8 billion, which is nearly half of what Islamabad initially requested last year. Despite…
Unclaimed Bank Deposits Moved to SBP: Step-by-Step Guide to Claim Your Funds
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The State Bank of Pakistan (SBP) has confirmed that all unclaimed deposits in Pakistan up to December 31, 2023, have been surrendered by banks and…
World Bank Launches Education, Water Projects in Balochistan With $194m Funding
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The World Bank has launched two major projects in Balochistan to reduce learning poverty and address the province’s ongoing water security challenges. With a combined…
FBR extends sales tax system integration deadline
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ISLAMABAD: The Federal Board of Revenue (FBR) has announced extended deadlines for both corporate and non-corporate sales tax registered persons to complete their system integration.…
Pakistan Mobile Phone Imports Drop 16% in FY2024-25
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ISLAMABAD: Pakistan imported mobile phones worth $1.356 billion during the first eleven months (July–May) of the fiscal year 2024-25, marking a 16.31% decline compared to…
Govt Launches Digital Loans for Farmers in Pakistan
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The federal government has unveiled a major agricultural reform by launching digital loans for farmers in Pakistan, offering unsecured loans of up to Rs1 million…
Pakistan, ADB Partner on Rs14 Billion Women Loan Facility
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The government has disbursed Rs14 billion in loans to over 193,000 women under its Women Inclusive Finance Programme, Finance Minister Muhammad Aurangzeb announced during the…
Govt Withdraws Sales Tax Exemption on Imported Cotton Yarn
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ISLAMABAD: The federal government has officially withdrawn sales tax and duty exemptions on imported cotton and yarn, aiming to strengthen domestic cotton farming and revive…
Pakistan Shrugs Off Indian Rice Subsidy Push as Exports Held Strong
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India re-entered the global rice market after a two-year export pause aimed at securing domestic food supplies. With this return, Indian media and trade observers…
Property Tax Abolished as Govt Confirms new Amendments
3 min read
The Federal Government has introduced major tax reforms in the amended Finance Bill 2025–26, offering relief to long-term homeowners while reinforcing customs enforcement and introducing…
New Taxes on Mutual Funds and Poultry Announced in the Mini Budget 2025-26
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The federal government has unveiled new taxes on mutual funds and poultry in the 2025-26 budget, Finance Minister Muhammad Aurangzeb announced during his address to…
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