Govt cuts income tax for low-income salaried class, reduces GST on solar panel imports
Finance Minister Aurangzeb says relief measures will boost tax compliance and protect renewable energy affordability
NA committee backs govt’s proposal to tax elite recreational clubs
Proposal targets high-end recreational clubs charging over Rs1 million for membership, including the Islamabad Club, requiring them to file income and expenditure statements
Federal Tax Ombudsman orders FBR to stop shop seals, resolve POS system issues for tier-I retailers
In response to a complaint by the Chainstore Association of Pakistan, FTO emphasises that no retail outlets should be sealed until all technical issues have been resolved
Parliamentary body rejects 4% uniform rental valuation rate on commercial properties
NA committee voices concerns over potential impact on rural areas, leading to withdrawal of the proposal; FBR chairman terms property valuations more accurate than those used by DC
KP loses Rs583 million per day due to electricity theft and technical inefficiencies, report reveals
PESCO report shows province lost Rs193.4 billion in 11 months, with Bannu facing the highest losses at 73.86%; Losses attributed to political interference, lack of cooperation from local authorities, and outdated infrastructure
Govt’s plan to restrict economic transactions by ineligible persons faces hurdles
National Assembly committee finds FBR's online platform, intended to determine eligibility for such transactions, far from completionÂ
Pakistan secures $20 billion in foreign loans and grants in 11 months, surpassing annual target
Approximately half funds come from legacy rollovers from China, Saudi Arabia, and UAE, while fresh loans and grants of $6.89 billion fall by 9% compared to last year
Pakistan’s 0.5 million tons sugar import plan may fail to lower domestic prices, data suggests
Price surged from govt-mandated Rs168/kg to Rs180-190/kg in major urban centres; PSMA highlights increased imported sugar prices, Karyana Merchant Association Punjab announces province-wide suspension of sugar sales
Pakistan faces challenges in securing Free Trade Agreement with ASEAN due to limited partnership status: report
Country seeks Full Dialogue Partner status with ASEAN to facilitate FTA negotiations, as current Sectoral Dialogue Partner status limits progress
Central Development Working Party approves five development projects worth Rs55.164 billionÂ
Approved projects include Construction of New Balochistan Assembly, Special Development Initiatives for Backwards Districts in Sindh, Installation of Weather Radar at Sukkur, Balochistan Livelihoods and Entrepreneurship Project and Expansion of Armed Forces Institute of Cardiology; Three projects of Rs 47.439 billion recommended to ECNECÂ
PSX rebounds as KSE-100 gains over 600 points in early Friday trade
Key index stocks recover after Thursday’s slump; buying seen across major sectors
Petroleum Division outsources gas price hike decision to audit firm
KPMG to recommend domestic categories facing gas price hike from July 2025 as part of IMF-required reforms
Senate passes bill to bind civil servants from BPS-17 to BPS-22 to publicly declare assets
Officers’ domestic and foreign assets declarations to be uploaded on departmental websites to ensure transparency, FBR will oversee digital asset disclosure system
Govt authorizes import of 750,000 metric tonnes of sugar after record exports, fueling price hikes
Policy to export first and import later leads to domestic price hike from Rs140/kg to Rs190/kg; concerns arise over benefiting millers
Lucky Cement confirms Iraq plant fully operational after drone attack rumour
Official disclosure clarifies minimal damage from flying object, denies significant impact on operations, confirms attack