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Budget 2025-26: Relief expected for construction sector

Budget 2025-26: Relief expected for construction sector

The 2025–26 budget is expected to bring tax relief for various sectors, with a particular focus on the construction industry…
New taxes proposed on agriculture, freelancing income

New taxes proposed on agriculture, freelancing income

Preparations have been finalised to expand the tax net and withdraw various exemptions, in line with International Monetary Fund (IMF)…
Economic Survey 2024-25: Govt misses growth target amid remittance surge, inflation tamed

Economic Survey 2024-25: Govt misses growth target amid remittance surge, inflation tamed

ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb, while presenting the Pakistan Economic Survey 2024-25, revealed that the country’s Gross Domestic Product…
China says its exports to the US fell 35% in May, as trade talks are due to start in London

China says its exports to the US fell 35% in May, as trade talks are due to start in London

NEW YORK: China’s exports to the United States fell 35% in May from a year earlier, new customs data show,…
Oil prices dip on weak China data, but hopes for US-China trade deal support

Oil prices dip on weak China data, but hopes for US-China trade deal support

SINGAPORE: Oil prices slipped on Monday on weak China data, but held on to most of last week’s gains, as…
Cattle prices drop by 50pc on third day of Eid

Cattle prices drop by 50pc on third day of Eid

LAHORE: Despite a sharp 50% drop in livestock prices across Lahore and other parts of the country on the third…
Pakistan’s crypto minister engages US leaders to boost digital economy ties

Pakistan’s crypto minister engages US leaders to boost digital economy ties

ISLAMABAD: Pakistan’s Minister of State for Crypto and Blockchain, Bilal Bin Saqib, met with top US officials and lawmakers this…
Over 44% Pakistanis now below poverty line under new WB threshold

Over 44% Pakistanis now below poverty line under new WB threshold

ISLAMABAD: A sizeable 44.7% of Pakistan’s population is now considered to be living below the World Bank’s newly updated international…
Rs325bn in annual tax evasion uncovered in Pakistan’s cigarette sector

Rs325bn in annual tax evasion uncovered in Pakistan’s cigarette sector

An estimated Rs570 billion in tax could be collected from the cigarette industry annually, according to the Pakistan Tobacco Company…
Govt mulls multiple proposals to raise salaries in upcoming budget

Govt mulls multiple proposals to raise salaries in upcoming budget

ISLAMABAD: The federal government is reviewing four different proposals to increase salaries and pensions in the upcoming budget for fiscal…
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