Salaried Class Pays 360% More Tax Than Real Estate Sector in Pakistan
Salaried taxpayers contributed nearly Rs. 193 billion in income tax during July-October, while the real estate sector pa…
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Pakistan Raises Youth Business Loan Limit to Rs25 Million, Lowers Minimum Age to 18
The government has more than tripled the personal loan ceiling under the Prime Minister's Youth Business and Agriculture…
Valore Quad Electric Vehicle Booking Price Announced in Pakistan
Valore Motor Corporation has announced the booking price for its Valore Quad electric urban commuter, an L7-category EV…
WAPDA Opens Applications for 141 BPS-17 Posts Across Engineering and Other Disciplines
The Water and Power Development Authority has announced 141 regular BPS-17 vacancies, including civil, electrical and me…
LPG Cylinder Prices in Pakistan Surge Nearly 80% to Record High
The price of a standard household LPG cylinder has climbed to an all-time high of Rs. 6,498, with border closures and wi…
Gold Holds Steady in Pakistan After Sharp Friday Decline
24-karat gold stayed at Rs 429,136 per tola on Saturday, a day after falling Rs 6,500, while silver slipped slightly and…
Pakistan to End Cheque Payments Under Asaan Assignment Accounts From November 15
All transactions under the Asaan Assignment Accounts system will move to the Raast digital payment network from November…
Pakistan Adds 45 UN-Aligned Vehicle Safety Standards Under New Auto Policy
The new auto policy introduces 45 additional safety standards based on the UN's WP.29 code, aiming to bring locally made…
Islamabad Authorities Register Cases Against Four Petrol Pumps Over Suspicious Devices
Inspections of 43 fuel stations in Islamabad found tampered nozzles at 14 pumps, with cases registered against four outl…
Pakistan Railways Targets 14 Freight Trains by January to Boost Revenue
Pakistan Railways has set a January target to operate 14 freight trains and approved a dry port in Khanewal, alongside n…
Pakistan Approves New Auto Policy: Car Prices to Fall, EV Financing Raised
The government has approved a new auto policy that aims to lower car prices, boost exports to $6 billion, and promote el…
Punjab Mandates Electronic Invoicing for Hotels and Restaurants to Boost Tax Compliance
The Punjab Revenue Authority has directed all hotels and restaurants to install the Electronic Invoice Monitoring System…
Senate Committee Seeks 20 Years of Oil and Gas Royalty Records from Provinces
A Senate petroleum subcommittee has asked the Petroleum Ministry, OGDCL and Sindh departments to provide two decades of…
Pakistan’s Refineries Face Negative Margins as Petrol Prices Drop Below Crude
Petrol refining margins turned negative for the first time in recent history as international petrol prices fell below c…
Urea Prices Climb Again as FFC Raises Rates by Rs. 54 per Bag
Fauji Fertilizer Company has raised Sona Urea prices by Rs. 54 per bag, a day after Engro Fertilizers pushed its rates u…
Power Division Clarifies Industrial Tariff Position, Says Electricity Has Become Cheaper
The Power Division has rejected reports of an industrial tariff hike, explaining that the Rs. 25.30 per unit figure is a…
SECP Widens Probe Into Rs. 1.92 Billion SE Fruits IPO, Seeks Records From 30 Banks
Pakistan's market regulator has requested foreign remittance and export data from 30 banks as it investigates the withdr…
JazzWorld Posts 27% Revenue Growth in Q3 2026 as Digital Services Surge
JazzWorld reported revenue of PKR 144.9 billion for Q3 2026, up 26.6% year-on-year, with digital services contributing 4…
Transport Associations Cut Fares by 5% After Fuel Price Reduction
Passenger bus and goods transport associations have announced a 5% fare cut on intercity and interprovincial routes, pas…
HBL Launches Visa Infinite Credit Card for High-Net-Worth Clients
HBL has introduced the Visa Infinite Credit Card, a premium offering developed with Visa that bundles travel, lifestyle,…
Petrol Price Drops Below Rs. 350 per Litre for First Time in Two Months
The federal government has cut petrol and diesel prices again, marking the fifth consecutive reduction this week and pus…
Islamabad Cracks Down on Petrol Pumps Shortchanging Drivers
District authorities sealed more than 40 nozzles and six fuel stations after inspections found pumps dispensing less fue…
ABHI Microfinance Bank Raises Rs. 2.05 Billion in Oversubscribed IPO Book-Building
ABHI Microfinance Bank has raised about Rs. 2.05 billion through the book-building phase of its IPO after investor deman…
Islamabad Municipal Body Issues Final Notice to IESCO Over Rs. 1.5 Billion Property Tax Dues
The Metropolitan Corporation Islamabad has warned Islamabad Electric Supply Company of further action if it fails to cle…
Pakistan Moves Toward 100% Digital Payments as PM Sets Time-Bound Targets
Prime Minister Shehbaz Sharif has directed officials to prepare a time-bound roadmap for a fully cashless economy, with…
Pakistan to Resume Offshore Oil and Gas Exploration After 20-Year Gap with Turkish Petroleum Survey
Pakistan is set to restart offshore oil and gas exploration after two decades, beginning with a seismic survey by Turkis…
Sindh Government Announces Pakistan's First Marble City in Karachi
A 300-acre industrial park on Karachi's Northern Bypass aims to boost local marble and granite processing, attract $250…
Endeavor Pakistan Names Mubariz Siddiqui as New Managing Director
Endeavor Pakistan has appointed startup lawyer and former Sarmayacar general counsel Mubariz Siddiqui as its Managing Di…
Pakistani Rupee Extends Winning Streak Against US Dollar for 278th Straight Session
The rupee closed at 276.66 against the dollar on Friday, gaining one paisa and continuing a months-long run of stability…
All Pakistan Goods Transport Alliance Cuts Freight Rates by 5% After Fuel Price Reduction
The All Pakistan Goods Transport Alliance has reduced freight charges by 5%, following recent cuts in petrol and diesel…
FBR Introduces New Invoice Rules for Advance Payments by Sales Tax Registered Businesses
The Federal Board of Revenue has amended the Sales Tax Rules, 2006, requiring registered businesses to issue advance rec…
Pakistan's First Locally Assembled Electric SUV, JAECOO J5 BEV, Launched at PKR 5,999,000
Nishat Group's NexGen Auto has introduced the JAECOO J5 BEV, Pakistan's first locally assembled electric SUV, with ex-fa…
Gold Prices Fall by Rs. 6,500 per Tola in Pakistan as Global Rates Slip
Gold in Pakistan dropped by Rs. 6,500 per tola on Friday, reversing most of the previous day's sharp gain, as internatio…
Pakistan's Trade Deficit Widens 16% to $14.6 Billion in July-October FY27
Pakistan's trade deficit expanded by 16% year-on-year to $14.6 billion in the first four months of FY27, driven by impor…
PM Shehbaz Sharif Approves Major Overhaul of TDAP to Boost Exports
Prime Minister Shehbaz Sharif has approved a comprehensive reform plan for the Trade Development Authority of Pakistan (…
Jaecoo Launches Locally Assembled J5 EV in Pakistan With Two Variants and Up to 405km Range
Jaecoo has introduced the J5 EV in Pakistan, a locally assembled electric SUV offered in Comfort and Premium variants wi…
Engro Fertilizers Raises Urea Price by Rs. 50 Per Bag as Rabi Season Costs Climb
Engro Fertilizers has lifted its urea dealer transfer price to Rs. 4,585 per bag, a Rs. 50 increase that adds to farmers…
Power Companies Seek Rs1.34 per Unit Hike in Electricity Tariff from December
NEPRA to hold hearing on November 17 on distribution companies' request for an additional Rs23.326 billion, which would…
Pakistan Could Save Rs. 3.5 Trillion Annually Through Smarter Energy Planning, Experts Say
Research from LUMS Energy Institute highlights wasteful LNG imports, delayed building codes and underused local manufact…
Pakistan Weighs Three-Month Extension for Fixed Tax Scheme After Weak Retailer Turnout
Only 222 additional traders joined the fixed tax scheme by the October 31 deadline, prompting authorities to consider ex…