EconomyGovt mulls over Rs 14.3 trillion tax target for FY26 amid IMF talks
Target 16% higher than revised FY25 estimate; Rs500bn required in new measures
May 3, 2025
Monitoring Report
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.
12,284Articles
Share:
Published Work(12,284 articles)
Economy
HeadlinesIMF declines India’s request to revisit Pakistan’s loan, board to meet on May 9
Review of current program and new climate financing proposal on agenda
May 3, 2025
HeadlinesGovt directs gas companies to begin billing captive power users under new grid levy
Collection for February 2025 to proceed under recently promulgated ordinance
May 3, 2025
HeadlinesGovt collects Rs18/litre petroleum levy since March, aims to raise Rs90 billion by fiscal year end
Petroleum levy hike aims to generate Rs300 billion annually, with no cap on the levy amount now in effect
May 3, 2025
HeadlinesChinese firm raises concerns over Gwadar coal project delays, tariff disputes
CPPCL highlights challenges including insufficient cost approvals, exchange rate losses, and financial closing date issues
May 3, 2025
HeadlinesOPEC+ poised to approve another oil output hike for June amid weak price environment
Supply increases come as Saudi Arabia signals unwillingness to extend deeper cuts; Brent falls to $61.29 per barrel
May 3, 2025
HeadlinesPunjab's solar tube well scheme faces delays, leaving 450,000 farmers in limbo
Uncertainty surrounds the implementation of the subsidy program as farmers and vendors voice frustration over hold-ups
May 3, 2025
World Business NewsApple expects $900 million tariff hit as it shifts US iPhone supply from China to India
CEO Tim Cook signals increased US-bound iPhone production from India while navigating ongoing trade tensions
May 3, 2025
HeadlinesFBR initiates large-scale audits with external auditors to improve tax compliance
Third-party auditors to conduct desk, forensic, and field audits as part of FBR’s transformation plan
May 3, 2025
HeadlinesPakistan to launch largest EV fast-charging network with 128 stations across the country
BYD Pakistan and HUBCO Green to install 50 chargers by December 2025, enhancing accessibility for electric vehicles nationwide
May 3, 2025
HeadlinesEarly cotton picking begins in Sindh, raising hopes for advanced ginning season
Cotton ginners in Punjab start forward contracts as concerns grow over national cotton production
May 3, 2025
HeadlinesGovt to set Rs14.3 trillion revenue target for FY25-26, with Rs500 billion in new taxes
Finance Minister Aurangzeb to present budget proposals as IMF review of fiscal goals approaches
May 3, 2025