HeadlinesWorld Bank urges Pakistan to widen revenue base, fairly include property sector
It is absurd that only five million Pakistanis file tax returns out of 240 million, says WB official
Apr 17, 2025
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HeadlinesNepra set to approve 60% increase in fuel cost for bagasse-fired IPPs
Fuel cost to rise from Rs5.98 to Rs9.87 per unit; CPPA-G says rupee devaluation partly responsible
Apr 17, 2025
HeadlinesGovt rejects oil industry’s proposal for additional freight charges
Industry proposed Rs4 per litre adjustment in inland freight equalisation margin to offset losses caused by sales tax exemption
Apr 17, 2025
HeadlinesGovt to revise barter trade policy with Iran amid border truck crisis
New summary seeks cabinet approval to waive Import-Form requirement for Iran, Afghanistan to ease congestion of 1,200 trucks at border
Apr 17, 2025
HeadlinesGovt considers raising taxable income threshold, taxing high pensions
FBR sources indicate relief proposals for salaried class are under review; pensions above Rs800,000 annually could face 5% tax
Apr 17, 2025
HeadlinesGovt abolishes 30,968 posts under rightsizing plan to improve efficiency
7,724 posts declared as dying posts; 7,305 abolished posts in Scale-I, two positions in Grades 21-22, 36 posts in Grade-20, and 99 posts in Grade-19 to be eliminated
Apr 17, 2025
HeadlinesGovt delays PIA privatisation to last quarter of 2025, misses fiscal year target
Failure to meet deadlines and target raises concerns over privatisation process; govt also misses deadline to privatise House Building Finance Company and First Women Bank by May 2025
Apr 17, 2025
HeadlinesKuwait extends oil credit facility to Pakistan for two more years
Kuwait reaffirms support for Pakistan’s energy sector with extended credit agreement
Apr 16, 2025
HeadlinesIraq proposes maritime link to boost bilateral trade with Pakistan
Basra-Karachi sea link aimed at strengthening economic ties and trade flow
Apr 16, 2025
HeadlinesAttock Refinery confirms temporary shutdown of 5,000 bpd unit
High fuel stocks, low OMC upliftment trigger pause; refinery says operations remain unaffected
Apr 16, 2025
HeadlinesPM Shehbaz thanks China for backing Pakistan’s $1.3bn IMF deal
Beijing called a 'steadfast partner' as Islamabad seals fresh tranche under ongoing 37-month programme
Apr 16, 2025
HeadlinesAuto financing rises to Rs257.36bn in March despite high interest rates, price pressures
Consumer credit edges higher overall, driven by uptick in auto and personal loans, even as housing finance contracts
Apr 16, 2025