Business
Pakistan’s Currency in Circulation Hits Record Rs10.9 Trillion due to High Cash Preference
Currency in circulation in Pakistan has surged to Rs10.967 trillion, showing nearly 19% annual growth, as the preference for cash continues despite government efforts to promote digital payments. According to fresh State Bank of Pakistan data, the rising cash stock…
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Patreon to Raise Cut to 10% for New Creators
Patreon, the popular platform that helps creators monetize their content through memberships and digital sales, is revising its pricing model for the first time in…
Pakistan, US Push ahead with trade talks amid Tariff challenges
Pakistan and the United States held a high-level virtual meeting on Monday, underscoring their mutual commitment to improving trade and investment relations. The dialogue was…
Pakistan Posts $103mn Current Account Deficit in May 2025
Pakistan’s current account swung into a $103 million deficit in May 2025, reversing the surplus of $47 million seen in April, according to new data…
Steep Higher Tax on Cash on Delivery (COD) confirmed in Budget FY26
The federal government is preparing to implement a higher income tax on Cash on Delivery (COD) transactions, compared to digital payments. This move, proposed under…
Pakistan & China Sign 5-Year Tech Transfer Agreement
A historic five-year agreement on technology transfer has been signed between two key organizations of Pakistan and China. The Pakistan Industrial Sewing Machines Importers and…
Body Formed as Govt Confirms No Fuel Shortfall Amid Israel-Iran War
The government has confirmed there is no fuel shortfall in Pakistan despite the escalating Israel-Iran war. In a proactive move, Prime Minister Shehbaz Sharif has…
Senate Rejects FBR Arrest Powers in Sales Tax Fraud Cases
ISLAMABAD: The Senate Standing Committee on Finance and Revenue has rejected the Federal Board of Revenue’s (FBR) proposal to expand its arrest powers in cases…
Rs200 Prize Bond Draw June 2025 Results Released ( With New Tax Rates)
The Rs200 prize bond draw June 2025 results have been officially announced by the National Savings Centre in Karachi. The lucky winners were selected during…
Fauji Fertilizer Shows Interest in Buying PIA
ISLAMABAD: Fauji Fertilizer Company Limited (PSX: FFC) has officially shown interest in Pakistan International Airlines (PIA) privatization, marking a significant step toward diversifying its investment…
FBR Exempts One-Time Online Sellers from Registration
ISLAMABAD: The Federal Board of Revenue (FBR) has officially confirmed a key FBR online seller exemption, stating that one-time sellers and women operating small home-based…
Senate Panel Approves E-Commerce Tax in Finance Bill 2025–26
ISLAMABAD: The Senate Standing Committee on Finance and Revenue has recommended reducing the sales tax on stationery items from 10% to zero, while also endorsing…
Punjab Set to Present FY 2025-26 Budget Today
LAHORE: The Punjab government is all set to unveil its budget for the financial year 2025-26 today, marking a key milestone in Chief Minister Maryam…
FBR Chief reveals Rs1.2 Trillion Tax Evasion amid Budget Reforms
ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Langrial has revealed that the wealthy class is involved in tax evasion worth Rs 1,233 billion. He…