Govt delays dam cess in FY26 finance bill due to IMF’s review
Talks ongoing with IMF over dam cess proposal to fund hydropower projects and ensure water security
Online marketplaces, couriers to face Rs300,000 penalty for failure to file monthly statements
Amended Finance Bill 2025–26 revises penalty structure for tax fraud and non-filing of monthly statements by online payment intermediaries and courier companies.
FBR to suspend bank accounts of unregistered sales tax persons for three days under amended Finance Bill
New law allows tax authorities to suspend bank account operations for non-registered taxpayers starting July 1, 2025
KSE-100 gains over 500 points as buying spree continues after ceasefire rally
Index extends historic surge driven by improved sentiment, closes near 123,000 mark
Pakistan, US to finalise reciprocal tariff deal next week
Aurangzeb and Lutnick agree to wrap up technical trade talks amid looming July tariff deadline
Supreme Court grants stay to cement manufacturers in Punjab royalty dispute
Two-week stay order delays implementation of LHC ruling that enforces higher limestone royalty based on cement prices
Digital payments surge as mobile apps and Raast drive growth in third quarter
SBP reports 12% rise in retail transaction volumes and 22% growth in mobile-based payments
Japan’s Komatsu to set up subsidiary in Pakistan to support Barrick’s Reko Diq mining project with $440 million equipment deal
Agreement includes delivery of high-performance mining equipment, including Komatsu 980E-5 haul trucks from Illinois, P&H electric rope shovels from Wisconsin, PC7000-11 excavators from Germany, and WE2350-2 electric wheel loaders from Texas
IMF may challenge relaxed property, vehicle purchase thresholds in revised Finance Bill: report
Government will need to justify these revisions to demonstrate its commitment to meeting the Rs14.131 trillion revenue target
Foreign inflows in T-bills hit $73.6 million, equity market sees $64.6 million outflows in May
Despite Indian aggression in May, foreign investment remains steady in T-bills, while equity market faces higher outflows
China agrees to reschedule $1.8 billion in loans to support Pakistan’s financing needs
Pakistan initially sought rescheduling of $3.4 billion from Exim Bank of China; agreement reached on restructuring $1.8 billion, excluding buyer’s credit loans
Amended Finance Bill mandates FBR to seek approval from three-member committee for arrests in tax fraud cases
Revised law allows an Inland Revenue officer, no lower than the rank of assistant commissioner, to initiate an inquiry based on material evidence of tax fraud; Rs 50 million threshold set for arrests under the Sales Tax Act
NEPRA approves 4.2% reduction in electricity tariff for Discos, lowering rate to Rs34/unit for FY 2025-26
Multi-Year Tariff (MYT) framework approved for power distribution companies, power regulator forecasts 2.8% increase in electricity demand for in next fiscal year
Power consumers likely to face 10 paisa per unit hike in power tariff under FCA of May
NEPRA to review 10 paisa per unit hike for May under fuel adjustment charges; lifeline and K-Electric users exempt
National Assembly clears key federal spending plans, backs export reforms and economic recovery agenda
Funding approved for over 69 divisions, Cabinet, and Commerce amid rejection of opposition motions and unveiling of long-term trade and development strategies