APTMA Urges FBR to Revise Sales Tax Penalty Proposals in Finance Bill 2026
Pakistan’s textile sector has raised concerns over proposed amendments to sales tax penalties included in the Finance Bill 2026, warning…
Tag: Pakistan economy
Senators Question Fixed Electricity Charges After Bills Surge by More Than 100%
Growing concerns over rising electricity costs dominated discussions at a recent Senate finance committee meeting, where lawmakers called for a…
Pakistan’s Economy Gains Momentum as Finance Minister Projects Stronger Growth and Lower Inflation
Pakistan’s economy has entered a phase of recovery and stabilization, according to Finance Minister Muhammad Aurangzeb, who expressed confidence that…
Pakistan Moves Toward Cashless Toll Collection on Major Motorways and Highways
The federal government has stepped up efforts to modernize Pakistan’s road infrastructure by accelerating the implementation of Intelligent Transportation Systems…
Government Introduces Fixed Tax Scheme for Small Retailers and Shopkeepers
The federal government has proposed a new fixed tax framework for small retailers and shopkeepers as part of its FY2026-27…
Luxury Petrol Cars and Premium EVs Likely to Cost More as Government Proposes New Taxes
Buying luxury vehicles in Pakistan may soon become more expensive as the federal government has unveiled fresh taxation proposals in…
Pakistan’s Unemployment Rate Rises to 7.1% as Nearly 6 Million People Remain Without Jobs
Pakistan’s unemployment rate has climbed to 7.1 percent, with approximately 5.9 million people currently without jobs, according to the Economic…
Every Rs. 100 Hike in Fertilizer Prices Adds Rs. 20 Billion Burden on Pakistan’s Farmers
Pakistan’s agriculture sector continues to face mounting financial challenges as fertilizer costs remain one of the largest expenses for farmers…
Pakistan Railways Expands Privatization Plan, Puts 15 Passenger Trains Up for Auction
Pakistan Railways has taken another step toward expanding private sector participation in the country’s rail network by increasing the number…
Government Increases Petrol Levy by Nearly Rs. 25 Per Litre Despite Fresh Fuel Price Reduction
The federal government has significantly increased the petroleum levy on petrol by Rs. 24.74 per litre, even as consumers received…
SECP Eases IPO Rules to Enable More Established Businesses to List on PSX
The Securities and Exchange Commission of Pakistan (SECP) has introduced significant reforms aimed at making it easier for established businesses…
Petrol Dealers Struggle as Delayed Payments and Smuggled Fuel Intensify Industry Challenges
Pakistan’s petroleum retail sector is facing growing uncertainty as oil marketing companies and fuel dealers grapple with delayed payments, rising…
Pakistan Slashes Jet Fuel Prices, Offering Major Relief to Airlines
The Government of Pakistan has announced a significant reduction in jet fuel prices, providing much-needed relief to airlines and aviation…
Govt Likely to Increase Fuel Tax to Rs. 180 Per Litre in Upcoming Budget
The federal government is likely to increase taxes on petroleum products in the upcoming fiscal year as part of efforts…
Pakistan Would Need Nearly 14,000 Years to Clear Circular Debt at Rs. 10 Lac Per Day
Pakistan’s growing circular debt crisis in the power and gas sectors has once again raised serious concerns about the country’s…
Pakistan’s Leading Glass Manufacturer Expands with New 10-Acre Production Facility in Sheikhupura
Tariq Glass Industries Limited has announced another major step in its industrial expansion strategy by securing land for a new…
Hascol Approves Major Debt Restructuring Plan to Support Business Revival
Hascol Petroleum Limited has approved a major debt restructuring plan aimed at supporting the company’s financial recovery and long-term business…