India targets dam near Neelum-Jhelum Hydropower Project in unprovoked attack, says DG ISPR

Targeting water reservoirs is not only illegal under international laws but also poses a humanitarian risk, states Lt General Ahmed Sharif Chaudhry

KSE-100 drops 3500 points in a volatile session following escalation of war between Pakistan-India

Market plunged over 6,500 points in early minutes due to cross-border violence, with selling pressure across major sectors and key stocks in the red

Asian airlines reroute, cancel flights due to Pakistan-India fighting

52 commercial flights cancelled, more than two dozen diverted to avoid Pakistan airspace

S&P forecasts further interest rate cuts by SBP, cites improved inflation dynamics

S&P Global predicts another 100bps rate cut by SBP by end of 2025, citing improved inflation and stronger external balances

Govt to phase out tax-free status for Special Economic Zones over next decade

Existing tax-free status for SEZs to be reduced to nine years from July 2025; no new fiscal incentives will be granted to either new or existing SEZs

Govt plans to double excise duty on fertilisers to 10%, 5% tax on pesticides in next budget

Other proposed measures include income tax on farmers, reduction in super tax rate, and new taxes to meet Rs14.3 trillion revenue target for FY2025-26

Senate body urges MoC to resolve barter trade issues with Iran, Russia, and Afghanistan

Committee asked exporting industries to go for automation of trade

KIBOR drops across tenors after surprise SBP rate cut to 11%

Key lending benchmark responds swiftly to 100bps cut; downward trend reflects easing inflation

KSE-100 sinks 534 points despite early rally on rate cut news

PSX reverses gains as profit-taking erodes early optimism

Centre reviews adjustment of provincial power dues against NFC shares

Adjustment mechanism will apply only to those dues reconciled and confirmed by the provinces

PM announces transfer of Discos to provinces in two months

Federal government seeks to devolve or privatise power distribution firms amid financial struggles

Govt proposes 18% increase in defence budget to Rs2.5 trillion in FY2025-26: report

PPP endorses PML-N’s defence boost, calls for higher PSDP allocation; tax relief for salaried class under discussion.

FBR mulls new tax on high pensions, increase in income tax exemption threshold: report 

Proposals include tax on pensions above Rs0.4 million monthly and an increase in income tax exemption for the next fiscal year
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FBR officers to be posted at business premises to enhance tax monitoring

PM pushes for reforms and stricter enforcement to curb tax evasion and illicit cigarette trade

Moody’s cautions India-Pakistan tensions could derail Pakistan’s economic recovery

Ratings agency warns of renewed external financing, reserve risks amid Kashmir crisis