Business

Govt imposes 5% withholding tax on social media influencers

Govt imposes 5% withholding tax on social media influencers

A 5% withholding tax has been imposed on social media influencers in the budget. According to the Finance Bill, a…
Business leaders seek greater relief for salaried class in budget 2026-27

Business leaders seek greater relief for salaried class in budget 2026-27

ISLAMABAD: Leading business representatives have expressed mixed reactions to the federal budget, arguing that the salaried class deserved greater relief…
Ukraine hits fuel supplies to Crimea, sparking a fuel crisis on the Russian-held peninsula

Ukraine hits fuel supplies to Crimea, sparking a fuel crisis on the Russian-held peninsula

NEW YORK: Ukrainian drone strikes on refineries, depots and pipelines. Tanker trucks attacked and left ablaze along the land corridor…
Punjab launches emissions trading system to curb industrial pollution

Punjab launches emissions trading system to curb industrial pollution

The Punjab government has introduced a modern emissions monitoring and trading system aimed at reducing industrial pollution, improving air quality…
Govt proposes 7% salary & pension hike, 10% minimum wage increase

Govt proposes 7% salary & pension hike, 10% minimum wage increase

The federal government has announced a proposed 7% increase in salaries for public sector employees along with a 7% rise…
World’s first gig economy treaty adopted at the ILO

World’s first gig economy treaty adopted at the ILO

The first-ever international agreement on safeguarding digital platform workers in the gig economy was adopted on Friday at the UN’s…
MQM secures Rs25bn development package in meeting with PM Shehbaz

MQM secures Rs25bn development package in meeting with PM Shehbaz

A high-level delegation of the Muttahida Qaumi Movement (MQM) met Prime Minister Shehbaz Sharif ahead of the federal budget. The…
PSX skyrockets 2,000 points ahead of budget

PSX skyrockets 2,000 points ahead of budget

The Pakistan Stock Exchange (PSX) witnessed a strong rally on Friday as investors showed confidence ahead of the federal budget…
World Bank cuts 2026 global growth outlook amid rising economic uncertainty

World Bank cuts 2026 global growth outlook amid rising economic uncertainty

The World Bank has revised downward its forecast for global economic growth in 2026, projecting the world economy to expand…
Gold price goes up by Rs7,250 per tola in Pakistan

Gold price goes up by Rs7,250 per tola in Pakistan

The prices of gold registered a significant increase in the local market on Friday, with 24-karat per-tola gold rising by…
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