Pakistan’s Economy Is Now Valued at $411 Billion

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

ISLAMABAD: The National Accounts Committee (NAC) approved the GDP estimates for the third quarter and the full fiscal year 2024-25, revealing that the country’s economy…

Pakistan’s Textile Sector Faces Pressure from US Tariffs

By Huma Ishfaq ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Pakistan’s textile sector maintained revenue stability in the third quarter of FY25 despite macroeconomic challenges and input cost pressures, but a looming threat from proposed US…

Junk Food Items to Get 5% FED in Upcoming Budget

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The federal government is planning to introduce a five percent Federal Excise Duty on ultra-processed foods in the upcoming budget, aiming to collect Rs250…

Swedish Firm Vopy to Launch Services for Pakistani Freelancers

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Swedish firm Vopy has announced to launch its services for Pakistani freelancers after securing a verbal order from a major digital bank in the country.…

India Imposes Immediate Restrictions on Bangladeshi Imports

By Huma Ishfaq ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

India’s Directorate General of Foreign Trade (DGFT) announced on May 17, 2025, new regulations on imports from Bangladesh through land ports, marking a change in…

IMF Projects Pakistan’s External Debt to Reach $126.7 Billion by 2025-26

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The International Monetary Fund (IMF) has projected that Pakistan’s external debt will rise to $126.731 billion in 2025-26, up from an estimated $123.338 billion…

New Property Tax System for All Provinces in FY2025-26

By Huma Ishfaq ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

All four provincial governments in Pakistan are preparing to roll out a new, IMF-supported property tax system as part of the fiscal year 2025-26 budget.…

IMF Lowers Pakistan’s Growth Forecast to 2.6%

By Huma Ishfaq ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 4 min read

ISLAMABAD: The International Monetary Fund (IMF) has adjusted Pakistan’s GDP growth forecast for the fiscal year 2024–25, bringing it down to 2.6% from its previous…

FBR Imposes 10% Processing Fee On Afghan Goods

By Sufyan Sohail ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Islamabad; The Federal Board of Revenue (FBR) in Pakistan has recently imposed a 10 percent processing fee on Afghan transit goods. This new levy, effective…

Govt to Raise Rs700bn via New Taxes in 2025–26 Budget

By Huma Ishfaq ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

As Pakistan prepares for the 2025–26 federal budget, the government is under mounting pressure from the International Monetary Fund (IMF) to introduce stringent tax measures…

Pakistani Govt Plans to Increase Capital Gains Tax on Property

By Sufyan Sohail ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Pakistani government is considering a significant increase in the Capital Gains Tax (CGT) on real estate transactions, raising the rate from 15% to 35%…

Custom Duty Capped at 15%, PM Confirms

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: In a key step toward economic restructuring, Prime Minister Shehbaz Sharif has confirmed that custom duty is capped at 15% as part of newly…

Pakistan-US Zero-Tariff Trade Deal Proposed to Trump

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The federal government has proposed a Pakistan-US zero-tariff trade deal aimed at boosting bilateral trade across various sectors, following President Donald Trump’s positive remarks…

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