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FBR mandates POS integration for 14+ sectors to boost tax compliance

FBR mandates POS integration for 14+ sectors to boost tax compliance

In a sweeping move aimed at strengthening tax compliance and expanding documentation of the economy, the Federal Board of Revenue…
Pakistan shuts down social media firewall ahead of 5G auction

Pakistan shuts down social media firewall ahead of 5G auction

The Government of Pakistan has reportedly decided to permanently discontinue its controversial national internet firewall project ahead of the upcoming…
Punjab govt waives stamp duty on merger of properties

Punjab govt waives stamp duty on merger of properties

The Government of Punjab on Saturday notified a complete waiver of stamp duty on property transfers arising from mergers and…
Pakistan’s gas sector circular debt swells to Rs3.2 trillion

Pakistan’s gas sector circular debt swells to Rs3.2 trillion

ISLAMABAD: Pakistan’s gas sector is sinking under a staggering Rs3.283 trillion circular debt, lawmakers were told, as parliamentarians warned that…
SBP injects over Rs 1.6 trillion in market

SBP injects over Rs 1.6 trillion in market

KARACHI: The State Bank of Pakistan (SBP) has injected Rs 1,603.6 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah…
Pakistan borrows $10.6B while paying $13.3B in debt last fiscal year

Pakistan borrows $10.6B while paying $13.3B in debt last fiscal year

ISLAMABAD: The Government of Pakistan secured 10.6 billion dollars in new loans during the last fiscal year while repaying 13.3…
Gold prices surge by Rs7,100 in Pakistan

Gold prices surge by Rs7,100 in Pakistan

KARACHI: Gold and silver prices witnessed a significant increase in both domestic and international markets, according to local reports. In…
IMF acknowledges Pakistan’s economic improvement, review mission set for February 25

IMF acknowledges Pakistan’s economic improvement, review mission set for February 25

The International Monetary Fund (IMF) has noted visible signs of economic stabilization in Pakistan, pointing to controlled inflation and improving…
Govt cuts Ramazan relief by Rs6 billion, millions may be impacted

Govt cuts Ramazan relief by Rs6 billion, millions may be impacted

Shehbaz Sharif’s Ramazan relief plan has received less funding than expected after the Economic Coordination Committee (ECC) approved a reduced amount, citing…
Pakistan poverty rate jumps to 28.8% in 2024-25 after six-year surge

Pakistan poverty rate jumps to 28.8% in 2024-25 after six-year surge

Poverty levels in Pakistan have climbed significantly over the past six years, reversing earlier gains and pushing nearly one-third of…
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