FBR receives record 5.2 million tax returns for 2024, up 76% from last year
With extended deadlines, FBR reports a significant rise in tax returns and payments, but notes an increase in nil-filers
Pakistan’s remittances surge by 24% to $3 billion in OctoberÂ
Total remittances recorded $11.8 billion, up by 35%, in the first four months of FY2024-25Â
Qatar defers five LNG cargoes to 2026 amid Pakistan’s reduced demand
Government reschedules LNG deliveries as lower gas consumption eases pressure
Reko Diq Mining Company to use PIBT’s port facility for cargo handling
Collaboration will allow Reko Diq to use PIBT’s terminal infrastructure, subject to final agreements and regulatory approvals
Sapphire Electric raises concerns over coercive push to end power contracts
IPPs seek a level playing field amid ongoing talks on capacity payments  Â
Pakistan again requests China to finalize $1bn loan for Karachi-Hyderabad rail project
Security issues and financing terms slow progress on ML-I, CPEC's only "strategic project" now in its seventh year of delays
Govt targets Rs8.7trn domestic debt to restructure financial obligations
Plan includes repaying Rs6.85 trillion in maturing debt by shifting focus to longer-term bonds
Tax exemptions cost Pakistan Rs3.8 trillion in 2023-24, reports FBR
Sales tax breaks account for the largest share of federal tax expenditure
World Bank delegation reviews Pakistan’s digital development progress with NADRA
High-level discussions focus on Pakistan’s digital identity progress and strategies to boost economic inclusion under the World Bank-backed Digital Economy Enhancement Project
SBP-held reserves increase by $18 million to reach $11.17 billion
Total liquid foreign reserves stand at $15.931 billion as of November 1, 2024Â
Govt approves up to 414% hike in Supreme Court Judges’ benefits
Judicial benefits see a massive rise amid national spending concerns, with house rent and allowances increasing over fourfold
Bangladesh delivers Pakistan’s $20.5 million export order in one month amid Pakistan’s months-long delays
Pakistan’s bureaucratic delays and NGO pressure cost $20.5M Sudan cigarette export order, while Bangladesh steps in and delivers swiftly
Al-Nahang group proposes Rs1 Trillion bid to acquire PIA
The overseas Pakistani group intends to settle PIA’s Rs 250 billion debt, ensures no layoffs, and offers a 100% salary increase to employees over the next 30 months
Bulls return to PSX, benchmark index surges 499 points
Key sectors witness buying activity; index-heavy stocks trade in positive territory
Oil steadies as investors digest US election fallout
Trump's election win initially triggered a sell-off that pushed oil down more than $2 as the dollar rallied