Despite assurances, salaried class burdened with more tax responsibility

Just days before the budget was presented, there were rumors that the salaried class will see an increase in their tax rates....

Govt unveils over Rs79bn investment to support IT sector growth. Will it amount to anything more than irrelevant IT Parks? 

The government has proposed more than Rs79 billion investment in the IT sector as part of its Rs18.87 trillion budget to boost...

Budget takeaways: The govt’s half-baked attempt to bring retailers into the tax net might end up costing consumers

The retailers of the country have had it easy compared to other participants in the supply chain. Multiple efforts have been done...

Petrol prices are doomed to spike as the govt raises the petroleum levy. Will they at least be able to collect Rs 1.3 trillion...

ISLAMABAD: Petrol prices will rise as expected in the wake of the federal budget for the next fiscal year, mainly because the...

Budget takeaways: The govt has ended all kinds of sales tax exemptions on different industries. How hard will this hit them?  

In his budget speech Wednesday, the Finance Minister said that the zero ratings, exemptions and reduced rates were going to be eliminated....

Decoding the Rs 18.9 trillion federal budget

Every year, the federal government announces a federal budget and the news media reports on it. The budget itself is a bunch...

Aurangzeb tries to prop up SIFC as foreign investment outlook remains bleak

As Muhammad Aurangzeb took the podium to deliver his budget speech, a lot would have been on his mind. Would the heckling...

Report card: A day before the budget, Pakistan Economic Survey reveals what went wrong

There were no real surprises when Finance Minister Muhammad Aurangzeb presented the Pakistan Economic Survey for 2023-24.  Days after returning from China where...

Petrol consumption falls by 7.2%, household solar and renewable energy see gains in 2023-24. Why?

ISLAMABAD: Leading up to the federal budget due to be presented in parliament on Wednesday (today), the Pakistan Economic Survey for 2023-24...

World Bank approves $1 billion for Dasu Hydropower Project, what does it change?

Project to aid Pakistan's energy transition by increasing hydro power share by more than 5%

Brandon Timinsky resigns as SadaPay CEO after Papara acquisition

Resignation comes a little over a week after Papara’s acquisition of SadaPay

The federal govt and the provinces have finally agreed on food quality enforcement. Why did it take them six years? 

Why did the issue remain unresolved for years despite intervention of CCI?

Government to target lesser inflation and narrower fiscal deficit in FY25

Economy rebounded with 2.4% growth in 2023-24; growth target for FY25 set at 3.6%

Turkish neobank Papara has officially announced its acquisition of SadaPay. How good is the deal?

Post acquisition, Pakistani users can expect a host of new SadaPay products and services such as savings and wealth management 

NAB just raided Bahria Town’s office. Already on the brink of default, is Malik Riaz’s house of cards about to come tumbling down? 

Days after Bahria Town founder Malik Riaz made cryptic tweets about not bowing to political pressure, the National Accountability Bureau has raided...