Business
FinMin supports raising retirement age to 62 amid pension funding crisis
June 14, 2025
FinMin supports raising retirement age to 62 amid pension funding crisis
ISLAMABAD: Highlighting the fast ballooning of unfunded pension liabilities, Finance Minister Muhammad Aurangzeb has extended his support for the idea…
Reko Diq project to contribute 1% to Pakistan’s GDP annually
June 14, 2025
Reko Diq project to contribute 1% to Pakistan’s GDP annually
ISLAMABAD: The Reko Diq Copper Project is poised to make a significant impact on Pakistan’s economy by contributing nearly 1%…
Govt unveils tax credit scheme for flat and house buyers
June 14, 2025
Govt unveils tax credit scheme for flat and house buyers
The government has introduced a 30 percent tax credit scheme on the purchase of flats and 10-marla houses in the…
Proposed pension tax in finance bill triggers alarm among retirees
June 14, 2025
Proposed pension tax in finance bill triggers alarm among retirees
ISLAMABAD: A controversial proposal within the Finance Bill 2025-26 to tax pension income exceeding Rs10 million annually at a rate…
Non-filers may soon withdraw up to Rs75,000 as govt moves to ease limit
June 14, 2025
Non-filers may soon withdraw up to Rs75,000 as govt moves to ease limit
ISLAMABAD: The federal government has decided to raise the cash withdrawal threshold for non-filers to Rs75,000 from Rs50,000, aiming to…
KP unveils Rs2,119bn budget for FY2025-26
June 14, 2025
KP unveils Rs2,119bn budget for FY2025-26
PESHAWAR: Khyber Pakhtunkhwa has unveiled a provincial budget of Rs2,119 billion for fiscal year 2025-26. The finance minister, while presenting…
Oil settles up 7pc as Israel, Iran trade air strikes
June 14, 2025
Oil settles up 7pc as Israel, Iran trade air strikes
HOUSTON: Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries…
Meta poaches 28-year-old Scale AI CEO
June 14, 2025
Meta poaches 28-year-old Scale AI CEO
Facebook-owner Meta has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings…
Gold price in Pakistan increases for 4th day
June 14, 2025
Gold price in Pakistan increases for 4th day
The price of gold in Pakistan and globally steadily continued to witness an upward trend. According to the All Pakistan…
CM Murad unveils Rs3,450bn Sindh budget 2025-26
June 13, 2025
CM Murad unveils Rs3,450bn Sindh budget 2025-26
KARACHI: Sindh Chief Minister Murad Ali Shah on Friday presented a provincial budget of Rs3,450 billion for the fiscal year…