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Category: Economy

Government to Expand Luxury Goods List and Impose 25% Sales Tax in FY26 Budget
EconomyNews
byHafiz Rahat UsamaMay 22, 2025May 22, 2025

Government to Expand Luxury Goods List and Impose 25% Sales Tax in FY26 Budget

In a significant move aimed at bolstering national revenue, the government of Pakistan has announced plans to expand the list…

Chinese Firm to Build EV Charging Network Across Sindh: Sharjeel Memon
BusinessEconomyNewsTechnology
byUzma SaharMay 19, 2025May 19, 2025

Chinese Firm to Build EV Charging Network Across Sindh: Sharjeel Memon

50-Kilometer Intervals Planned for EV Stations Across Districts Sindh is gearing up for a sustainable transportation shift, with a Chinese…

Pakistan Proposes Zero-Tariff Bilateral Trade Deal to U.S. Amid Rising Trade Tensions
EconomyNews
byHafiz Rahat UsamaMay 16, 2025May 16, 2025

Pakistan Proposes Zero-Tariff Bilateral Trade Deal to U.S. Amid Rising Trade Tensions

In a strategic move to bolster economic ties and counteract recent trade challenges, Pakistan has proposed a zero-tariff bilateral trade…

PSX Rally Continues as Ceasefire and IMF Boost Sentiment
BusinessEconomyNews
byHafiz Rahat UsamaMay 14, 2025May 14, 2025

PSX Rally Continues as Ceasefire and IMF Boost Sentiment

The Pakistan Stock Exchange (PSX) has experienced a remarkable surge, with the benchmark KSE-100 Index surpassing the 120,000-point mark—a milestone…

U.S. Approves $1.4 Billion Weapons Sale to UAE Amid Regional Tensions
BusinessEconomyNews
byHafiz Rahat UsamaMay 14, 2025May 14, 2025

U.S. Approves $1.4 Billion Weapons Sale to UAE Amid Regional Tensions

In a significant development in U.S.-UAE relations, the Biden administration has approved a $1.4 billion weapons sale to the United…

Trump Signs Historic Economic Partnership Agreement with Saudi Arabia in 2025
BusinessEconomyWorld
byHafiz Rahat UsamaMay 14, 2025May 14, 2025

Trump Signs Historic Economic Partnership Agreement with Saudi Arabia in 2025

On May 13, 2025, U.S. President Donald Trump and Saudi Crown Prince Mohammed bin Salman (MbS) signed a landmark economic…

Harvard Expands Lawsuit After Trump Cancels $450 Million in Grants
EconomyNewsWorld
byHafiz Rahat UsamaMay 14, 2025May 14, 2025

Harvard Expands Lawsuit After Trump Cancels $450 Million in Grants

In a significant escalation of its ongoing legal battle, Harvard University has expanded its lawsuit against the Trump administration following…

FBR Plans Higher Tax on Online Buying and Selling Platforms
EconomyNewsTips & Tricks
byHafiz Rahat UsamaMay 13, 2025May 13, 2025

FBR Plans Higher Tax on Online Buying and Selling Platforms

In a significant policy move aimed at broadening the tax base and increasing revenue, the Federal Board of Revenue (FBR)…

Finance Minister Sees No Extra Burden in Next Budget Due to Conflict With India
EconomyNews
byHafiz Rahat UsamaMay 13, 2025May 13, 2025

Finance Minister Sees No Extra Burden in Next Budget Due to Conflict With India

In a recent statement that seeks to allay public and investor concerns, the Finance Minister has confirmed that the ongoing…

Government Proposes 10% Tax Relief for Salaried Class in Upcoming Budget
EconomyNews
byHafiz Rahat UsamaMay 12, 2025May 12, 2025

Government Proposes 10% Tax Relief for Salaried Class in Upcoming Budget

In a significant move aimed at alleviating the financial strain on Pakistan’s salaried individuals, the federal government has proposed a…

PSX Skyrockets Nearly 10,000 Points as Ceasefire Lifts Investor Confidence
EconomyNews
byHafiz Rahat UsamaMay 12, 2025May 12, 2025

PSX Skyrockets Nearly 10,000 Points as Ceasefire Lifts Investor Confidence

The Pakistan Stock Exchange (PSX) has witnessed an extraordinary surge, with the benchmark KSE-100 Index soaring by nearly 10,000 points,…

PSX Plunges Over 8,000 Points Amid India-Pakistan Escalation
BusinessEconomyNews
byHafiz Rahat UsamaMay 8, 2025May 8, 2025

PSX Plunges Over 8,000 Points Amid India-Pakistan Escalation

On May 7, 2025, the Pakistan Stock Exchange (PSX) experienced a catastrophic plunge, with the KSE-100 index shedding over 8,000…

India Fires IMF Director in Bid to Block Release of $2.3 Billion to Pakistan
EconomyNews
byHafiz Rahat UsamaMay 5, 2025May 5, 2025

India Fires IMF Director in Bid to Block Release of $2.3 Billion to Pakistan

In a dramatic turn of events, India has reportedly pressured the International Monetary Fund (IMF) to dismiss one of its…

DRAP Warns Against Use of Fake Injection for Blood Disorders
EconomyNews
byHafiz Rahat UsamaMay 5, 2025May 5, 2025

DRAP Warns Against Use of Fake Injection for Blood Disorders

The Drug Regulatory Authority of Pakistan (DRAP) has issued a strong warning against the use of counterfeit injections for the…

Rs1500 Prize Bond Draw: Details and Insights for May 15, 2024
BusinessEconomyNews
byHafiz Rahat UsamaMay 3, 2025May 3, 2025

Rs1500 Prize Bond Draw: Details and Insights for May 15, 2024

The 98th draw for the Rs1500 denomination prize bond was held on May 15, 2024, in Karachi, under the supervision…

Apni Zameen Apna Ghar Scheme: Eligibility Criteria and Application Process for Free Plots in Punjab
EconomyNews
byHafiz Rahat UsamaMay 3, 2025May 3, 2025

Apni Zameen Apna Ghar Scheme: Eligibility Criteria and Application Process for Free Plots in Punjab

The Government of Punjab has launched a major housing initiative under the banner “Apni Zameen Apna Ghar” aimed at providing…

Pakistani Pavilion with 10 Stalls Features at SIAL Exhibition in Toronto
BlogsBusinessEconomyEntertainment
byHafiz Rahat UsamaMay 2, 2025May 2, 2025

Pakistani Pavilion with 10 Stalls Features at SIAL Exhibition in Toronto

Pakistan is making a significant impact at the SIAL Canada 2025 exhibition in Toronto, showcasing its diverse food industry through…

Government Announces Small Cut in Petrol Price
EconomyNews
byHafiz Rahat UsamaMay 2, 2025May 2, 2025

Government Announces Small Cut in Petrol Price

In a move aimed at providing modest relief to consumers, the Government of Pakistan has announced a reduction in petrol…

Domino’s Pizza Posts Surprise Fall in Same-Store Sales
BusinessEconomyNews
byHafiz Rahat UsamaApril 28, 2025April 28, 2025

Domino’s Pizza Posts Surprise Fall in Same-Store Sales

In a surprising turn of events, Domino’s Pizza, a global leader in pizza delivery and carryout, reported a drop in…

Here’s the Real Reason Behind FBR Officers’ Nationwide Protest
BlogsEconomyNews
byHafiz Rahat UsamaApril 22, 2025April 22, 2025

Here’s the Real Reason Behind FBR Officers’ Nationwide Protest

In recent weeks, Pakistan has witnessed a significant nationwide protest by officers of the Federal Board of Revenue (FBR), the…

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