Business
Govt slashes tax rate to 1% for individuals earning up to Rs1.2m annually
June 21, 2025
Govt slashes tax rate to 1% for individuals earning up to Rs1.2m annually
Finance Minister Muhammad Aurangzeb on Saturday announced a positive development for the salaried class revealing that the tax rate for…
FBR suggests closure of bank accounts of unregistered businessmen
June 21, 2025
FBR suggests closure of bank accounts of unregistered businessmen
The National Assembly Standing Committee on Finance, chaired by MNA Naveed Qamar, on Thursday endorsed the government’s proposal to impose…
LPG prices increase after Pak-Iran border closure
June 21, 2025
LPG prices increase after Pak-Iran border closure
The price of liquefied petroleum gas (LPG) in Quetta has surged by Rs120 per kilogram following the closure of the…
Pakistan to import 500,000 tonnes of sugar to stabilize prices
June 21, 2025
Pakistan to import 500,000 tonnes of sugar to stabilize prices
In a bid to stabilize rising sugar prices across the country, the federal government has decided to import 500,000 tonnes…
NA panel okays hike in non-filer withdrawal, e-commerce tax
June 21, 2025
NA panel okays hike in non-filer withdrawal, e-commerce tax
The National Assembly’s Standing Committee on Finance on Saturday approved a series of key amendments to the Finance Bill 2025,…
Toyota to raise auto prices
June 21, 2025
Toyota to raise auto prices
Japanese carmaker Toyota Motor said on Saturday it will raise prices for some vehicles sold in the United States by…
Gold price in Pakistan increases after five days
June 21, 2025
Gold price in Pakistan increases after five days
After five days of decline, the price of gold in Pakistan and globally showed an upward trend on Saturday. According…
Solar panels’ tax reduced from 18% to 10%
June 21, 2025
Solar panels’ tax reduced from 18% to 10%
Finance Minister Muhammad Aurangzeb on Saturday announced a reduction in sales tax on solar panels from 18 percent to 10…
Govt signs $4.5bn loans with local banks to ease power sector debt
June 20, 2025
Govt signs $4.5bn loans with local banks to ease power sector debt
Pakistan has signed term sheets with 18 commercial banks for Rs1.275 trillion ($4.50 billion) Islamic finance facility to help pay…
IMF allows import of five-year-old vehicles
June 20, 2025
IMF allows import of five-year-old vehicles
ISLAMABAD: The International Monetary Fund (IMF) has allowed the Ministry of Commerce to import of five-year-old vehicles. During a meeting…