The federal government of Pakistan has introduced a new tax regime, effective from July 1, that affects all types of bank transactions for both tax filers and non-filers. This initiative is part of a broader effort to increase tax revenue and encourage more individuals to become compliant with tax filing requirements. The changes have significant […]
Government The recent reduction in profit rates across most National Savings Schemes marks a significant shift in the financial landscape as the government moves to adjust returns on these popular savings instruments. Effective June 27, 2025, the changes reflect a strategic response to the evolving economic conditions and market expectations. Key Reductions in Savings Schemes […]
On Wednesday, Pakistan Railways announced yet another fare increase for passenger, express, and mail trains, marking the second such hike within just 15 days. This decision comes as a direct response to escalating fuel prices, particularly diesel, which have been putting significant financial pressure on the railway department. Details of the Fare Increase According to […]
Atlas Honda Announces Price Hike Effective July 1, 2025 Pakistan’s leading motorcycle manufacturer, Atlas Honda, has increased prices across its entire lineup by Rs 2,000 to Rs 6,000. The adjustment comes after the federal government imposed a 1% Carbon Levy on imported motorcycle engines in the 2025–26 budget. The new prices are effective from July […]
United Motors Implements Price Adjustment United Motors has officially announced a price increase across its motorcycle range, effective July 2, 2025. The revised pricing comes after the implementation of an 18% Sales Tax and 1% NEV (National Electric Vehicle) Levy. Customers planning to purchase a new bike should take note of the updated rates to […]
Global financial markets have been rocked by the escalating crisis between Israel and Iran, triggering a sharp rally in oil prices and a simultaneous slide in global stock indices. The ongoing geopolitical tensions in the Middle East have raised alarm among investors, prompting a shift towards safer assets and commodities. This development underscores how international […]
Introduction The energy sector in Pakistan has been under intense scrutiny due to rising electricity prices, power shortages, and public outcry over inflated bills. In a significant development, the National Electric Power Regulatory Authority (NEPRA) has hinted at a possible reduction in electricity tariff for K-Electric consumers by Rs.4.69 per unit. If approved, this move […]
In a landmark move to steer the country toward long-term economic stability, Finance Minister Muhammad Aurangzeb unveiled the Pakistan Budget 2025-26, laying down a roadmap filled with structural reforms, digital tax integration, and strategic fiscal tightening. The budget, approved by Prime Minister Shehbaz Sharif and his cabinet, targets both macroeconomic recovery and equitable public relief in […]
Strategic Vision Unfolded at Pakistan Stock Exchange Karachi Electric (KE), the city’s sole power utility provider, unveiled its detailed investment roadmap during a comprehensive corporate briefing session held at the Pakistan Stock Exchange (PSX) this week. The session attracted attention from investors, regulators, and energy sector analysts eager to hear KE’s strategic direction amid evolving […]
In a bold and unprecedented move, the Federal Board of Revenue (FBR) has seized Rs. 80 million directly from Kababjees’ bank accounts without prior notice or warning. This action has sent shockwaves through Pakistan’s business community, raising questions about the FBR’s methods and the broader implications for businesses operating in the country. The Incident Kababjees, […]
Punjab Chief Minister Maryam Nawaz has taken a decisive step towards addressing the rising cost of living by ordering a significant reduction in roti prices across the province. This move, aimed at providing relief to the common people, reflects her administration’s focus on food security and economic justice in one of Pakistan’s most populous regions. […]
Bitcoin has achieved a significant milestone, surpassing the $110,000 mark for the first time, signaling a robust resurgence in the cryptocurrency market. This surge eclipses its previous record set in January 2025 and underscores a broader institutional and regulatory shift favoring digital assets. Key Drivers Behind Bitcoin’s Ascendancy Several factors have converged to propel Bcoin’s […]
The Pakistan Stock Exchange (PSX) has witnessed a remarkable surge, with the KSE-100 Index reaching unprecedented heights, marking a significant milestone in the country’s financial markets. This rally reflects a confluence of favorable economic indicators, investor optimism, and strategic policy decisions that have collectively bolstered market confidence. Unprecedented Market Surge On May 12, 2025, the […]
In a significant move aimed at bolstering national revenue, the government of Pakistan has announced plans to expand the list of luxury goods subject to a 25% General Sales Tax (GST) in the upcoming Fiscal Year 2026 (FY26) budget. This decision aligns with the government’s ongoing efforts to enhance fiscal discipline and secure international financial […]
50-Kilometer Intervals Planned for EV Stations Across Districts Sindh is gearing up for a sustainable transportation shift, with a Chinese company set to install electric vehicle (EV) charging stations across the province. This development was announced by Sindh Information and Transport Minister Sharjeel Inam Memon during a high-level visit to Chery Automobile Headquarters in Wuhu, […]
In a strategic move to bolster economic ties and counteract recent trade challenges, Pakistan has proposed a zero-tariff bilateral trade agreement to the United States. This initiative comes at a time when U.S. President Donald Trump has imposed a 29% tariff on Pakistani goods, potentially leading to a $1 billion loss in exports and threatening […]
The Pakistan Stock Exchange (PSX) has experienced a remarkable surge, with the benchmark KSE-100 Index surpassing the 120,000-point mark—a milestone not seen in recent history. This rally, which began on May 12, 2025, has been fueled by a combination of geopolitical developments and positive economic indicators. Ceasefire with India Eases Investor Concerns PSX The initial […]
In a significant development in U.S.-UAE relations, the Biden administration has approved a $1.4 billion weapons sale to the United Arab Emirates (UAE). This decision underscores the strategic partnership between the two nations, particularly in the context of regional security concerns. Details of the Weapons Sale The approved sale encompasses advanced military equipment, including precision-guided […]
On May 13, 2025, U.S. President Donald Trump and Saudi Crown Prince Mohammed bin Salman (MbS) signed a landmark economic partnership agreement in Riyadh. This agreement, valued at $600 billion, marks a significant deepening of economic and strategic ties between the United States and Saudi Arabia. Key Components of the Agreement The comprehensive partnership encompasses […]
In a significant escalation of its ongoing legal battle, Harvard University has expanded its lawsuit against the Trump administration following the cancellation of an additional $450 million in federal grants. This move adds to the previously revoked $2.2 billion, intensifying the confrontation between the administration and the prestigious institution. Background of the Dispute The Trump […]
