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Business

Govt hikes defence budget by 20% to Rs2.55 trillion

10 Jun 2025

Govt hikes defence budget by 20% to Rs2.55 trillion

Prime Minister Shehbaz Sharif’s government allocated Rs2.55 trillion ($9 billion) for defence, up from Rs2.12 trillion in the current fiscal year.

Family of deceased govt servant to receive pension for only 10 years

10 Jun 2025

Family of deceased govt servant to receive pension for only 10 years

Retired employees rejoining government service will be required to choose between receiving a pension or a salary

Budget 2025-26: Salaries, pension hiked, income tax rates slashed

10 Jun 2025

Budget 2025-26: Salaries, pension hiked, income tax rates slashed

Aurangzeb presented the budget.

Budget FY26: Aurangzeb says FBR overhaul crucial to meet Rs14.1tr tax target

10 Jun 2025

Budget FY26: Aurangzeb says FBR overhaul crucial to meet Rs14.1tr tax target

"This budget is being presented at a historic time when the nation showed unity and determination"

New tax law proposes jail term, fines for hiding income

10 Jun 2025

New tax law proposes jail term, fines for hiding income

Acts that fall under the category of concealment or misrepresentation include hiding taxable income, making false claims for expenses that were not actually incurred

Government considers reducing taxes on used car imports in budget 2025-26

10 Jun 2025

Government considers reducing taxes on used car imports in budget 2025-26

The budget would be tabled today.

Pakistan Economic Survey 2024-25: Positive growth, inflation control, says Finance Minister

9 Jun 2025

Pakistan Economic Survey 2024-25: Positive growth, inflation control, says Finance Minister

Aurangzeb presented the economic survey.

What's in Budget 2025-26 for common man?

9 Jun 2025

What's in Budget 2025-26 for common man?

Muhammad Aurangzeb will present the budget.

SSGC promises uninterrupted gas supply during Eiidul Adha

6 Jun 2025

SSGC promises uninterrupted gas supply during Eiidul Adha

Eidul Adha will be celebrated tomorrow.

Power tariff slashed by Rs2.99/unit for Karachi consumers

5 Jun 2025

Power tariff slashed by Rs2.99/unit for Karachi consumers

The relief is expected to ease some pressure on households amid rising living costs.

Gold prices in domestic market reach Rs354,100 per tola

4 Jun 2025

Gold prices in domestic market reach Rs354,100 per tola

Internationally, gold was recorded at $3,357 per ounce with no variation

Sindh govt to launch double-decker buses in Karachi next month

3 Jun 2025

Sindh govt to launch double-decker buses in Karachi next month

He stated that the launch of double-decker buses is part of a comprehensive plan to improve the public transport system.

Pakistan to get $800 million from ADB for fiscal stability, despite Indian opposition

3 Jun 2025

Pakistan to get $800 million from ADB for fiscal stability, despite Indian opposition

ADB Country Director for Pakistan, Emma Phan, noted that the country has made significant progress in stabilising its economy.

Gold prices in Pakistan increase for second straight day

3 Jun 2025

Gold prices in Pakistan increase for second straight day

On the global front, gold prices also edged higher, with the per-ounce rate climbing by $10 to settle at $3,357

Budget FY26: Cash payment for petrol, retail purchases to attract additional taxes

2 Jun 2025

Budget FY26: Cash payment for petrol, retail purchases to attract additional taxes

Under the proposed framework, government-notified fuel prices will apply exclusively to digital payments

Gold prices surge sharply in domestic market

2 Jun 2025

Gold prices surge sharply in domestic market

Silver prices, however, remained steady

Sheikh Hasina's father Mujibur Rahman dropped from new Bangladesh banknotes

1 Jun 2025

Sheikh Hasina's father Mujibur Rahman dropped from new Bangladesh banknotes

The redesigned notes showcase the country’s natural landscapes and historical landmarks

IMF, Pakistan close to agreement on income tax relief for salaried class in upcoming budget

1 Jun 2025

IMF, Pakistan close to agreement on income tax relief for salaried class in upcoming budget

The Fund voiced concerns over the allocation of 2,000 megawatts of electricity for cryptocurrency mining

Govt releases ad spend data: Drastic cut by PTI, millions spent by PML-N and  PDM

1 Jun 2025

Govt releases ad spend data: Drastic cut by PTI, millions spent by PML-N and PDM

The report was shared by PID.

Gold prices drop in local market

31 May 2025

Gold prices drop in local market

10 gram price also dropped

IMF raises concerns over Pakistan’s crypto mining power plan

31 May 2025

IMF raises concerns over Pakistan’s crypto mining power plan

Citing sources familiar with the matter, the IMF has asked Pakistan’s Finance Ministry to urgently clarify the legal status

Budget 2025–26: Govt mulls relief package for salaried class

30 May 2025

Budget 2025–26: Govt mulls relief package for salaried class

A salary increase for government employees is also under serious discussion.

Govt aims to boost digital economy but cryptocurrencies remain banned in Pakistan

30 May 2025

Govt aims to boost digital economy but cryptocurrencies remain banned in Pakistan

SBP declared Bitcoin and other cryptocurrencies as illegal.

No new solar taxes in budget 2025-26: FBR

29 May 2025

No new solar taxes in budget 2025-26: FBR

FBR proposes tax reforms for budget 2025-26

Gold price per tola reaches Rs349,300 in Pakistan

29 May 2025

Gold price per tola reaches Rs349,300 in Pakistan

Silver stable amid global gold rise

Revised net metering policy to be launched within a month: minister

29 May 2025

Revised net metering policy to be launched within a month: minister

Govt aims to cut electricity costs and promote renewable energy nationwide.

Eidul Adha holidays may further delay budget

29 May 2025

Eidul Adha holidays may further delay budget

Eidul.Adha to be celebrated on June 7.

In a first, Pakistan establishes its govt-led strategic Bitcoin reserve

29 May 2025

In a first, Pakistan establishes its govt-led strategic Bitcoin reserve

The statement highlighted that Pakistan hosts over 40 million crypto wallets.

Azerbaijan announces $2b investment in Pakistan at trilateral summit

28 May 2025

Azerbaijan announces $2b investment in Pakistan at trilateral summit

President Aliyev announced while addressing the trilateral meeting, underscoring the historical and cultural bonds shared by the three nations.

Govt extends PIA privatisation deadline by two weeks

28 May 2025

Govt extends PIA privatisation deadline by two weeks

The new deadline is now June 19.

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