Business
Govt Reinstates Gold Trade After ECC, Cabinet Approval
Pakistan has officially restored the import and export of gold, ending months of suspension after the ECC and federal cabinet approved the move. The Commerce Ministry issued SRO 2198(I)/2025, reinstating the 120-day entitlement period under the Entrustment Scheme, allowing jewelry…
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IMF Refutes Claims Pakistan misused Bailout Funds against India
2 min read
ISLAMABAD: The International Monetary Fund (IMF) has firmly rejected claims by Indian media that Pakistan may use EFF funds for military purposes, affirming that the…
Higher Tax Likely on Packaged Food (Milk, Chips) in Budget 2025-26
2 min read
In an effort to boost fiscal revenue without burdening low-income groups, the federal government is set to impose Federal Excise Duty (FED) and additional sales…
CAT Sends Pak Sugar Mills Rs.44bn Cartelisation Case Back to CCP
2 min read
The Competition Appellate Tribunal (CAT) on Friday remanded the Pakistan Sugar Mills Association (PSMA) cartelisation case back to the Competition Commission of Pakistan (CCP) for…
Govt to Slap 18% Sales Tax on Imported Raw Materials in Double Tax Shock
3 min read
ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed that the government will soon impose an 18% sales tax on imported raw materials for exports,…
KP Tourism Authority Blacklists Private Bank for Business Guarantee Deposits
2 min read
PESHAWAR: In a significant regulatory update, the Khyber Pakhtunkhwa (KP) Culture & Tourism Authority officially blacklisted a private bank for business guarantee deposits, prohibiting travel…
Export Development Fund to Boost Market Access for Pakistani Exporters
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ISLAMABAD: The Export Development Fund (EDF) has announced new initiatives aimed at enhancing market access for Pakistani exporters by offering targeted financial and technical support…
Pak Budget 2025-26: New Taxes on YouTubers, Freelancers & Pensioners
4 min read
As the clock ticks toward the June 2, 2025, budget announcement, Pakistan’s federal government appears poised to introduce a series of sweeping tax reforms in…
Pakistan’s Liquid Foreign Reserves Reached US$ 16,648.5 million
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Pakistan’s liquid foreign reserves have shown a significant upward trend, reaching US$ 16,648.5 million as of May 16, 2025. This gradual increase is achieved through…
PSX Dips After Hitting Record High Amid Profit-Taking
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After reaching unprecedented heights earlier in the day, the Pakistan Stock Exchange (PSX) closed lower on Thursday due to profit-taking by investors. The KSE-100 Index,…
Honda Atlas Profit 2025 Rises on Higher Sales
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KARACHI: Honda Atlas Cars (Pakistan) Limited (HCAR) reported a strong financial performance, as Honda Atlas profit 2025 surged by 16% year-on-year to Rs2.7 billion, driven…
Pakistan’s Imports from Neighbors Soar, Exports Lag Behind in FY25
2 min read
Pakistan’s trade deficit with nine neighboring countries expanded by 34.64% in the first ten months of the fiscal year 2024-25 (FY25), reaching $9.787 billion compared…
Pakistan’s Imports from India Increased in FY25
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Despite diplomatic tensions and longstanding trade restrictions, Pakistan’s imports from India have seen a notable increase in the fiscal year 2024-25 (FY25). According to the…
IMF Relief Measures for Pakistan Budget 2025 Still Under Review
3 min read
Amid ongoing negotiations, officials concerned have not yet approved IMF relief measures for Pakistan budget 2025, as discussions with the government continue over proposed tax…
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